3. Know Your Responsibilities

What Happens If I Withdraw from School?

We encourage you to stay in college and complete your program, but we understand that sometimes life circumstances make withdrawal necessary. If you're considering withdrawing, keep these important points in mind:

1.  Talk to Financial Aid Before You Decide

Speak with your college's financial aid office (or your career technology center's aid office) before you withdraw. They can explain exactly how your current and future aid will be affected-and may help you explore alternatives to withdrawing.

2.  Complete Required Paperwork Before You Leave

Always submit the official withdrawal forms before you leave school. If you skip this step, you could lose all or part of your financial eligibility.

3.  You May Owe Money Back

  • Your school may have to return some of the funds that covered your tuition and fees.
  • If that happens you could end up owing the college for charges that were originally paid with financial aid.
  • You may also have to repay grant money if your eligibility changes after withdrawals.

4.  Loan Repayment Responsibilities

  • You are responsible for paying back any student loans that are not refunded, whether or not you return to college later.
  • For most federal student loans, you'll have a six-month grace period after leaving school before repayment begins.
Even if withdrawal feels unavoidable, understanding the financial impact ahead of time can help you plan your next steps and avoid unexpected bills.