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Financial Aid: If I drop or add classes, what will happen to my Financial Aid?

697 views   |   1 Vote this question as useful.   0 Vote this question as not useful.   |   Last updated on Dec 14, 2016   

 

Your financial aid disbursement amounts will be affected differently, depending on the type awarded. In addition, depending on performance in past academic years, dropping classes may cause you to be ineligible for Financial Aid in the following semesters based on a student's Satisfactory Academic Progress (SAP). If classes get dropped:

  • BOG Fee Waiver - As the BOG Fee Waiver is not a cash award, it will not have to be repaid. 

  • Cal Grant - The Cal Grant will not have to be repaid, as it is based off of the time it was awarded.

  • FTSSG Grant - The Full Time Students Success Grant will not have to be repaid, as it is based off of the time it was awarded. 

  • Pell Grant - The Pell Grant award listed on your award letter is based off of full time enrollment. If you are already in 12 units and you add classes, you will not be eligible for more funds as you are already receiving the maximum amount. 

  • SEOG Grant - If a student drops but remains in at least 0.5 units by the end of the term, the grant will not have to be repaid. If the student drops from all classes, the student would be subject to a return to Title IV Calculation and will receive a notification via mail if funds are owed back. This also includes if a student receives all F’s and/or W’s.

  • Student Loans - Students are required to comply with repaying any student loan funds to the loan servicer after the loans have been released to the student. If the student drops from all classes, the student would be subject to a Return to title IV Calculation and will receive a notification via mail if funds are owed back. This also includes if a student receives all F’s and/or W’s.