Withdrawing from classes may have serious consequences for your current financial aid awards as well as your future financial aid eligibility. Withdrawal also may have far-reaching effects in other areas of student life. If you are considering withdrawing from your courses, or leaving the university, review our Withdrawal Checklist to understand the possible consequences of withdrawal.
Consider the cost of withdrawal
The total cost of your educational program will escalate as a result of lost time, unearned coursework, delayed graduation and increased educational debt if you are borrowing to attend school. If you need to withdraw, work with your financial aid and academic counselors to find strategies to minimize this cost.
Listed below are some possible effects of withdrawal. If you are...
Receiving federal, state or institutional financial aid (including scholarships)
Living on campus
Receiving insurance or benefits
Required Exit Counseling
If you borrowed a Federal Direct Loan, Federal Perkins Loan, or received the Federal TEACH Grant and you withdraw from the university (even if your withdrawal is temporary), you will need to complete
exit counseling. Completing exit counseling will not have any negative impact on your account or prevent you from receiving financial aid in the future.