WITHDRAWAL AND OVERPAYMENTS

Federal regulations specify that you attend at least 60% of the semester before you become eligible for 100% of your

federal student aid awards for that term. If you withdraw from all your classes before you have completed at least 60% of the semester, the College must determine what portion of your federal awards you are entitled to receive according to federal regulations. If you have received, or the college has received on your behalf, more federal tudent aid funds than the formula allows, you will have to repay any award amount to which you were not entitled. If ou fail to repay any award amount to which you were not entitled, you risk losing your eligibility for future federal aid payments.

Call your schools finanical aid office to determine how much of the semester you have completed.

Dropping below full time student status will affect your Pell Grant. Your Pell Grant amount is different depending on if you are a full time or part time student. Since you are now a part time student, you don’t qualify for the amount of money you got when you were considered full time student. Most likely you owe them a portion of that grant now (the extra that you got for being a full time student versus a part time one). Contact your financial aid office and see when you have to repay that money. @the first comment: yes, normally you don’t repaid Pell Grants. But this is not the case here because technically he doesn’t qualify for the amount of money he got at the beginning of the semester so he’s returning the extra that he got.

u will have to pay it back and they will garnish your check.

thats federal money