Dropping courses impacts your financial aid in several ways. Aid is based on your enrollment level each term. Full-time undergraduate status is 12 or more credits, 3/4 time is 9-11 credits, 1/2 time is 6-8 credits, and less than halftime is1-5 credits. Less than fulltime enrollment may affect your financial aid eligibility. Students enrolled less than halftime are not eligible to receive most types of aid including federal student loans. If you plan on being less than fulltime you must submit an enrollment revision form to the Office of Financial Aid.
Your financial aid is adjusted each term based on your level of enrollment at the "census date", which is the last day students can add or drop a class for a full tuition refund. After this date, all financial aid payments are frozen based on your enrollment level at that time. Please note that, during the summer term, Pell Grant funds are revised to match your enrollment on an ongoing basis regardless of when courses are dropped or withdrawn from.
If your aid was paid at the full-time amount, it will be revised to match your aid eligibility based on your enrollment level at the census date if you dropped credit hours. This adjustment may result in a repayment of your aid that was paid at the start of the term.
Dropping courses after the census date, may also impact your financial aid eligibility for the current and future terms. Withdrawing from all courses, failing to complete courses (unofficially withdrawing), or not participating in courses, may result in the partial or full loss of aid eligibility for that term. Future term eligibility will depend on continuing to make Satisfactory Academic Progress.