Withdrawing from classes can have significant consequences for both your current financial aid, your future financial aid eligibility, and it may also affect other aspects of your student life.
Consider the Cost of Withdrawal
Withdrawing can increase the overall cost of your educational program due to lost time, incomplete coursework, delayed graduation, and potentially higher educational debt if you are relying on loans to fund your education. If withdrawal is necessary, we recommend working closely with your financial aid and academic counselors to explore strategies that can help minimize these costs. If you are considering withdrawing from your courses or leaving the university, we strongly encourage you to read our Withdrawal Knowledge Article to fully understand the potential implications.
Here are some potential impacts of withdrawing. If you are...
Receiving federal, state, or institutional financial aid
Living on campus
Receiving insurance or benefits
Required Exit Counseling
If you have borrowed a Federal Direct Loan, Federal Perkins Loan, or received a Federal TEACH Grant and withdraw from the university (even temporarily), you are required to complete exit counseling. This process will not negatively affect your account or impact your ability to receive financial aid in the future.