Once federal financial assistance has been awarded, it is earned based upon class attendance. In accordance with Federal regulations, if a student withdraws before completing 60% of the semester, the Federal financial assistance award will be calculated on a pro-rata basis.
The pro-rata formula for determining the Federal assistance earned is the percentage of the number of weeks the student was in attendance during the semester multiplied by the total award he or she would otherwise have been eligible for.
Withdrawal from classes before completing 60% of the semester will reduce the student's amount of Federal assistance and will affect the balance that the student may still owe the College for tuition and fees.
Additionally, if a student has received an advance on their Federal assistance in the form of a book check but the student does not remain in attendance long enough to have earned the amount of this advance, he or she may have an obligation to repay some of these funds to the Federal government.