What If I Drop Some Classes?
The decision about whether or not to drop a class is an academic issue; however, it is your responsibility to understand the financial implications of this decision.
Dropping classes may jeopardize future student aid eligibility, including scholarships & student loans.
If you drop classes before your financial aid is disbursed
- If you drop below half-time enrollment, you may be ineligible for aid, including Florida Bright Futures and Federal Direct student loans.
- It is your responsibility to pay the balance of your tuition & fees even if you are ineligible for aid after dropping below half-time enrollment.
If you drop classes after your financial aid is disbursed
- Some financial aid programs require repayment for dropped or withdrawn classes (e.g. Florida Bright Futures).
- Some financial aid programs (e.g. Federal Pell Grant, Florida Student Assistance Grant, USF Grant, etc.) require repayment for dropped or withdrawn classes that result in a tuition refund (e.g. first day non-attendance, etc.).
- It is your responsibility to pay the balance on your student account which may result from dropped or withdrawn classes.
About future student aid eligibility
- You must maintain satisfactory academic progress from one semester to the next or you may become ineligible for financial aid, including student loans.
- In addition, you may have received specific scholarships/grants with additional renewal requirements that require earning a minimum number of credit hours and GPA (e.g. Florida Bright Futures, USF Presidential Scholarship, USF Green & Gold, Florida Student Assistance Grant, etc.).
- Review the terms & conditions for each scholarship/grant you received. If you plan to renew a scholarship/grant, it is your responsibility to plan your future enrollment to meet these renewal requirements.
Students with Federal Direct Stafford or Perkins Loans
If you received a Federal Direct Stafford Loan or Federal Perkins Loan and drop below half-time, the grace period prior to repayment will begin (nine-months for Perkins and USF Loans, six-months for Federal Direct Stafford Loans). For more information, contact the appropriate loan servicer:
svincent - 10/16/13