Reduction of Federal Financial Aid Due to Withdrawal from the University
Federal regulations require the University to adjust Federal Student Aid awards when a student withdraws from classes before 60 percent of the semester has been completed. When adjustment of funds is necessary, a student may be required to return some or all of the federal funds awarded. The calculation of reduction in Federal funds is done within 30 days of a student’s date of official withdrawal from the University.
The Federal funds applicable to graduate students under this procedure include: Direct Loan(s), Perkins Loan, TEACH Grant, and Graduate PLUS Loans.