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.