Cost & Financial Aid

Withdrawing from a Class F.A.Q.

Withdrawing from a class is a serious decision. PLEASE speak to your Financial Aid counselor before you withdraw from a class or from the college completely.

What's your question?

  1. What is the difference between a Drop and a Withdrawal?

  2. If I withdraw from a class will it affect my Financial Aid?

  3. If I withdraw from ALL of my classes, will it affect my Financial Aid?

  4. Who's my Financial Aid Counselor?

 

Q: What is the difference between a Drop and a Withdrawal?

A: You can DROP a course during the first 5 days of a term (3 days for a B Term) without any penalty. This is called the ADD/DROP period and the last date is noted on the Student Calendar. The course will be removed from your transcript as if you had never registered for the course. After the ADD/DROP period you must WITHDRAW from a course and receive a grade of W on your transcript. If you are failing a course and WITHDRAW during the last two weeks of the term, you will receive a grade of F. The effects of WITHDRAWALS are explained below.

 

Q: If I WITHDRAW from a class will it affect my Financial Aid?

A: Yes.

  1. Every grade of W will affect your Satisfactory Academic Progress (SAP) calculation regarding the 67% Rule. You MUST complete 67% of all the courses you attempt. If you have four 3-credit hour courses (12 credits) and you WITHDRAW from two of them (6 credits) you will only complete 50%. This immediately places you on Financial Aid (FA) Probation, or moves you from FA Probation to FA Suspension.

  2. Every grade of W also affects your SAP 150% calculation, which states you must finish your program within 150% of the time required. (60 credit hour program must be completed within 90 credit hours)

  3. Depending on the WITHDRAWAL Date, if you WITHDRAW from a class before the FA Freeze Date, your FA Award will most likely be decreased. (Exception would be going from 15 to 12 credits, since 12 is still Full-Time)

  4. If you WITHDRAW from a class after the FA Freeze Date, your aid will not be decreased.

  5. If you are a LIFE Scholar, and you fall below 12 credit hours, you will lose your LIFE Scholarship.

 

Q: If I WITHDRAW from ALL of my classes, will it affect my Financial Aid?

A: Absolutely! Please read CAREFULLY:

  1. If you WITHDRAW from ALL of your classes, the college MUST return a portion of your Financial Aid to the government. If you were awarded Pell, SEOG, or ACG, the Federal government invested in your learning. If you COMPLETELY WITHDRAW, the government wants some of the money returned. It is called Return of Aid and it is mandatory.

  2. The amount of money you owe back to the government is based on your Last Date of Attendance (LDA). If you attend less than 60 % of the term, you must repay a set amount of money, based on your actual LDA submitted by your instructor.

  3. If you stop attending, but do not officially WITHDRAW until after the 60% date, you will still owe money back, based on your ACTUAL Last Date of Attendance.

  4. The college is required by Federal law to continually process Return of Aid based on complete Withdrawals, and actually pay the money back to the government. You are then responsible to repay the College and/or the federal government. You will not be allowed to re-enroll here, obtain a transcript, or earn financial aid at any other college until it is repaid. These debts to the college are turned over to the South Carolina Tax Commission and they, in turn, will deduct the amount you owe from your state tax refund.

WITHDRAWING from a CLASS is a serious decision. PLEASE speak to your Financial Aid counselor BEFORE you WITHDRAW from a class or from the college completely.

 

Q. Who's my financial aid counselor?

You can determine who your Financial Aid counselor is based on your Last Name:

A -De, Kim Chalmers…………….…………….……………………………………..941-8665

Di-Ke, Amelia Fricks……………………………………………...………………….941-8375

Ki-Ri, Grace Warner………………………………………….………..……………...941-8366

Ro-Z, Dianne Partlow…………………………………………….…………………..941-8550