[et_pb_section fb_built=”1″ _builder_version=”4.20.0″ _module_preset=”default” background_image=”https:\/\/www.qc.cuny.edu\/faid\/wp-content\/uploads\/sites\/102\/2023\/02\/qc_zoom_bg_18.jpg” custom_padding=”||242px|||” top_divider_height=”115px” bottom_divider_color=”#E71939″ bottom_divider_height=”136px” collapsed=”off” global_colors_info=”{}”][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.2″ _module_preset=”default” custom_margin=”17px|||||” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.2″ _module_preset=”default” custom_margin=”-63px|auto||auto||” custom_padding=”||0px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.2″ _module_preset=”default” global_colors_info=”{}”][et_pb_heading title=”Withdrawing and Financial Aid Eligibility” _builder_version=”4.27.4″ _module_preset=”default” title_font=”|800||on|on|||#ffffff|” title_text_align=”center” title_font_size=”44px” custom_margin=”25px||34px||false|false” global_colors_info=”{}”][\/et_pb_heading][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”16px” text_line_height=”1.6em” text_orientation=”center” custom_margin=”||42px||false|false” global_colors_info=”{}”]<\/p>\n
Withdrawing from classes at ºì¶¹ÊÓƵ can have significant consequences for both your academic progress and your financial aid. Before making a decision, it is important to carefully consider how a withdrawal may affect your eligibility for federal and state aid.<\/p>\n
[\/et_pb_text][et_pb_divider color=”#dbdbdb” _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”||15px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_heading title=”federal aid: Return to Title IV Funds (R2T4)” _builder_version=”4.27.4″ _module_preset=”default” title_font=”|800||on|on|||#ffffff|” title_text_align=”center” title_font_size=”35px” custom_margin=”||15px||false|false” global_colors_info=”{}”][\/et_pb_heading][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_text_color=”#000000″ text_font_size=”16px” text_line_height=”1.6em” header_font=”|||on|||||” header_font_size=”35px” background_color=”rgba(239,239,239,0.58)” custom_margin=”18px||35px||false|false” custom_padding=”27px|32px|27px|32px|true|true” border_radii=”on|12px|12px|12px|12px” global_colors_info=”{}”]<\/p>\n
Federal student aid is awarded with the expectation that you will attend school for the entire period for which your financial aid was intended.<\/span><\/strong><\/p>\n To establish eligibility for any federal financial aid payments, you must establish a record of attendance in each of your courses. The college uses your instructors’ records of attendance to determine whether or not you have actually begun attendance*.<\/span><\/p>\n Once you start attending classes, the federal government requires that you “earn” your financial aid awards in direct proportion to the number of days you do attend. If you completely withdraw from school before completing the term, the school must calculate according to a federally approved formula the portion of financial aid you have earned and are therefore entitled to receive up to the time you withdrew.<\/span><\/p>\n If you receive (or the college receives on your behalf) more assistance than you earn, the unearned excess funds must be returned to the Department of Education. If, on the other hand, you receive (or the college receives on your behalf) less assistance than the amount you have earned, you may be able to receive these additional funds.<\/span><\/p>\n For example, if you complete 40% of the semester, you earn 40% of the assistance you were originally scheduled to receive. The remaining 60% of your scheduled awards remains unearned and must be returned to the federal government.<\/span><\/p>\n After it has been determined that you have withdrawn, either officially or unofficially, the college will perform the necessary calculations and notify you if you are eligible for further payments or if you must return any of the aid you already received. This notification will also indicate what you must do to receive additional payments or repay any funds that you were overpaid.<\/span><\/p>\n Courses attempted prior to withdrawing will count in the calculation of Satisfactory Academic Progress (SAP<\/a>). SAP is calculated annually (at the end of the Spring semester). You could be denied future aid if you do not meet SAP requirements.<\/span><\/p>\n Note: If you receive a financial aid payment for a class or classes you have never attended, you must return that payment immediately to ºì¶¹ÊÓƵ.<\/strong><\/p>\n [\/et_pb_text][et_pb_accordion open_toggle_text_color=”#000000″ closed_toggle_text_color=”#FFFFFF” toggle_icon=”||fa||900″ icon_color=”#000000″ use_icon_font_size=”on” icon_font_size=”20px” _builder_version=”4.27.4″ _module_preset=”default” toggle_font=”|700|on||||||” toggle_font_size=”20px” closed_toggle_font=”|700|||||||” closed_toggle_font_size=”20px” body_font=”||||||||” body_text_align=”justify” body_text_color=”#000000″ body_font_size=”16px” body_line_height=”1.6em” custom_margin=”||66px||false|false” db_closeable=”on” db_initial_state=”all_closed” border_color_all=”#000000″ box_shadow_style=”preset4″ global_colors_info=”{}”][et_pb_accordion_item title=”Official Withdrawal (W Grade)” open=”on” open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}” toggle_text_color=”#000000″ toggle_font=”|600|||||||” closed_toggle_font=”|700|||||||”]<\/p>\n Depending upon the date of withdrawal, one of the following situations will apply:<\/span><\/p>\n Direct Loans will be subject to a return to Title IV calculation for the current semester. However, if funds have not yet disbursed for the current and future semesters within the same academic year, your loan will be cancelled by the college. Also, if your enrollment status drops to less than half-time (six credits), your loan will be cancelled. <\/span><\/p>\n If you have an outstanding balance on a Direct Loan, the date you drop to less than half-time is the date used for the start of your grace period; you will go into repayment as soon as six months after. Please let your loan servicer know when you drop to less than half-time. If you withdraw or drop to less than half-time, you must complete an Exit Counseling<\/a> for your Direct Loan, which will go into repayment six months after you are less than half-time.<\/span><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Unofficial Withdrawal (WU Grade)” open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}” toggle_text_color=”#000000″ toggle_font=”|600|||||||” closed_toggle_font=”|700|||||||” open=”off”]<\/p>\n If you stop attending classes and do not officially withdraw, you are unlikely to receive passing grades for the semester. You may also face significant financial aid penalties, including full or partial cancellation of the aid you received for the semester.<\/p>\n Direct Loans will be subject to a return to Title IV calculation for the current semester. However, if funds have not yet disbursed for the current and future semesters within the same academic year, your loan will be cancelled by the college. Also, if your enrollment status drops to less than half-time (six credits), your loan will be cancelled.<\/span><\/p>\n If you have an outstanding balance on a Direct Loan, the date you drop to less than half-time is the date used for the start of your grace period; you will go into repayment as soon as six months after. Please let your loan servicer know when you drop to less than half-time.<\/span><\/p>\n If you withdraw or drop to less than half-time, you must complete an Exit Counseling<\/a> for your Direct Loan, which will go into repayment six months after you are less than half-time.<\/span><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Withdraw Drop (WD Grade)” open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}” toggle_text_color=”#000000″ toggle_font=”|600|||||||” closed_toggle_font=”|700|||||||” open=”off”]<\/p>\n A WD grade is assigned for official drops. Financial aid will not be affected unless all classes are dropped, which will result in a Return of Title IV (R2T4) calculation. <\/span>If a Return of Title IV aid is required, Financial Aid Services will return the unearned portion of Title IV financial aid funds to the federal programs on behalf of the student. Any return of financial aid funds made by the college on behalf of the student will be charged to the student’s account. Payment for these charges is due on demand. <\/span><\/p>\n Please visit the Bursar’s Office<\/a> for payment options.<\/span><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Administrative Withdrawal (WA Grade)” open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}” toggle_text_color=”#000000″ toggle_font=”|600|||||||” closed_toggle_font=”|700|||||||” open=”off”]If you have not met all of the immunization requirements a grade of WA will be applied to each course for which you are registered. An in-state student is given 30 days and an out-of-state student is given 45 days to take the missing dose(s) of a vaccine(s); otherwise the student is administratively withdrawn and may result in a R2T4 calculation.<\/span> A WN grade is given to students who never began attendance in a course. Students will be considered not to have earned any Title IV aid and will be liable for the tuition. Please visit the <\/span>Bursar’s Office<\/a> for payment options.<\/span><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Overview of order of Return Changes Effective July 1, 2021 (R2T4)” open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ _builder_version=”4.27.4″ _module_preset=”default” body_line_height=”1.6em” global_colors_info=”{}” toggle_text_color=”#000000″ toggle_font=”|600|||||||” closed_toggle_font=”|700|||||||” open=”off”]<\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Federal Work-Study (FWS)” open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ _builder_version=”4.27.4″ _module_preset=”default” body_font_size=”16px” body_line_height=”1.6em” global_colors_info=”{}” toggle_text_color=”#000000″ toggle_font=”|600|||||||” closed_toggle_font=”|700|||||||” open=”off”]<\/p>\n For the purposes of determining a complete withdrawal and the Return of Title IV funds, Federal Work-Study (FWS) earnings are not included. However, if you completely withdraw from all courses, you may not continue working under the Federal Work-Study Program after the date of your last withdrawn course. You will be paid only for hours worked up to your official withdrawal date from the last course attended.<\/p>\n Students are responsible for notifying their site supervisor of any changes to their class schedule or enrollment status. You must also contact\u00a0the FWS staff by email at QCWorkstudy@qc.cuny.edu<\/a> or schedule a <\/span>virtual appointment<\/a> via Navigate.<\/span><\/p>\n [\/et_pb_accordion_item][\/et_pb_accordion][et_pb_divider color=”#dbdbdb” _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”||-10px||false|false” global_colors_info=”{}”][\/et_pb_divider][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.2″ _module_preset=”default” custom_margin=”-2px|||||” custom_padding=”||2px|||” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.2″ _module_preset=”default” custom_margin=”-74px|auto||auto||” custom_padding=”0px|||||” collapsed=”on” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.2″ _module_preset=”default” global_colors_info=”{}”][et_pb_heading title=”new york state aid ” _builder_version=”4.27.4″ _module_preset=”default” title_font=”|800||on|on|||#ffffff|” title_text_align=”center” title_font_size=”35px” custom_margin=”||25px||false|false” global_colors_info=”{}”][\/et_pb_heading][et_pb_accordion open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ icon_color=”#000000″ use_icon_font_size=”on” icon_font_size=”20px” _builder_version=”4.27.4″ _module_preset=”default” toggle_text_color=”#FFFFFF” toggle_font=”|700|on||||||” toggle_font_size=”20px” closed_toggle_font=”|700|||||||” closed_toggle_font_size=”20px” body_text_align=”justify” body_text_color=”#000000″ body_font_size=”16px” body_line_height=”1.6em” db_closeable=”on” db_initial_state=”all_closed” border_color_all=”#000000″ box_shadow_style=”preset4″ global_colors_info=”{}”][et_pb_accordion_item title=”Tuition Assistance Program (TAP)” open=”on” toggle_icon=”||fa||900″ _builder_version=”4.27.4″ _module_preset=”default” body_text_color=”#000000″ global_colors_info=”{}”]<\/p>\n Depending upon the date of withdrawal, one of the following situations will apply:<\/span><\/p>\n For more information regarding the one-time waiver, please visit our Satisfactory Academic Progress (SAP<\/a>) page and click on the<\/span>\u00a0New York State Aid Waivers.<\/span><\/span><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”Excelsior Scholarship” toggle_icon=”||fa||900″ _builder_version=”4.17.4″ _module_preset=”default” body_text_color=”#000000″ global_colors_info=”{}”]The Excelsior Scholarship requires students to earn 30 credits per year. The academic year consists of Fall, Winter, Spring and Summer.\u00a0<\/span> If you withdraw from\u00a0all<\/em>\u00a0<\/strong>of your courses, you may forfeit your next state aid payment. Students may be eligible for a one-time waiver. <\/span>For more information regarding the one-time waiver, please visit our Satisfactory Academic Progress (SAP<\/a>) page and click the\u00a0Satisfactory Academic Progress appeal.<\/span><\/span> Withdrawing from classes at ºì¶¹ÊÓƵ can have significant consequences for both your academic progress and your financial aid. Before making a decision, it is important to carefully consider how a withdrawal may affect your eligibility for federal and state aid.Federal student aid is awarded with the expectation that you will attend school for the […]<\/p>\n","protected":false},"author":56,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"page_category":[],"wf_page_folders":[176],"class_list":["post-12455","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/pages\/12455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/comments?post=12455"}],"version-history":[{"count":50,"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/pages\/12455\/revisions"}],"predecessor-version":[{"id":15051,"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/pages\/12455\/revisions\/15051"}],"wp:attachment":[{"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/media?parent=12455"}],"wp:term":[{"taxonomy":"page_category","embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/page_category?post=12455"},{"taxonomy":"wf_page_folders","embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/faid\/wp-json\/wp\/v2\/wf_page_folders?post=12455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\n[\/et_pb_accordion_item][et_pb_accordion_item title=”Withdrawal – Never Attended (WN Grade)” open_toggle_text_color=”#000000″ open_toggle_background_color=”#EFEFEF” closed_toggle_text_color=”#FFFFFF” closed_toggle_background_color=”#E71939″ toggle_icon=”||fa||900″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}” toggle_text_color=”#000000″ toggle_font=”|600|||||||” closed_toggle_font=”|700|||||||” open=”off”]<\/p>\n\n
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\n[\/et_pb_accordion_item][et_pb_accordion_item title=”Search for Education, Elevation & Knowledge (SEEK)” toggle_icon=”||fa||900″ _builder_version=”4.17.4″ _module_preset=”default” global_colors_info=”{}”]You must maintain at least 12 credits to be eligible for SEEK funds. SEEK students may only drop below full-time with the permission of the SEEK<\/a> department. If you withdraw completely from your courses, you will become ineligible for any funds as of the date you withdraw.<\/span>
\n[\/et_pb_accordion_item][et_pb_accordion_item title=”Aid for Part-Time Studies (APTS)” toggle_icon=”||fa||900″ _builder_version=”4.17.4″ _module_preset=”default” body_text_color=”#000000″ global_colors_info=”{}”]If you are enrolled for less than 12 credits and withdraw from any of your courses after the refund period (21st day), you will be eligible to keep the APTS award you received. However, you will have utilized half of your state aid eligibility for the semester and your next state aid payment could be affected.<\/span><\/p>\n
\n[\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.2″ _module_preset=”default” custom_padding=”0px|||||” global_colors_info=”{}”][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"