Financial aid question if i withdraw a class.
I signed up for 16 credits right now and tomorrow is the last day I can officially withdraw from the class. I really want to withdraw this class (5 credits) my prof is very rude and i don't think i'll be able to pass it. Our class started on august 29-dec 16 (we meet once a week and everything is online) what will this do to my financial aid (grant $5,550, $2775/semester)? do i have to pay them back? This is my first time being a full time student and to withdraw from a class.
Last semester I was only part time student and I don't really use all my financial aid.
SAP Policy of my school.
Example of the quantitative measures in use:
During the fall semester, Kim enrolled in 15 credit hours at __. She dropped a 3 credit hour class 30 days after classes began and successfully completed the remaining 12 credit hours. Kim's completion rate was 12/15 = 75%. She is deemed "SAP Good" because her successful completion rate of 75% was above the minimum 66% policy standard.
Kim then enrolled in 12 credit hours during the spring semester. She subsequently withdrew from 7 credit hours two weeks after the semester began and successfully completed the remaining 5 credit hours.
At the end of the spring semester Kim's successful completion rate for all semesters of enrollment is 17/27 = 63%.
[ Explanation: 12 credit hours completed in the fall plus 5 credit hours completed in the spring (12+ 5=17), divided by 15 credit hours attempted in the fall plus12 credit hours attempted in spring (15+12=27) equal 17/27 = 63% overall. ]
Kim's financial aid eligibility is changed to SAP Warning. Kim remains eligible for financial aid, but will have to perform better to overcome her "PACE" deficiency. If she does not do better, she could become SAP Suspended and consequently would not be eligible for additional funding.
I signed up for 16 credits right now and tomorrow is the last day I can officially withdraw from the class. I really want to withdraw this class (5 credits) my prof is very rude and i don't think i'll be able to pass it. Our class started on august 29-dec 16 (we meet once a week and everything is online) what will this do to my financial aid (grant $5,550, $2775/semester)? do i have to pay them back? This is my first time being a full time student and to withdraw from a class.
Last semester I was only part time student and I don't really use all my financial aid.
SAP Policy of my school.
Example of the quantitative measures in use:
During the fall semester, Kim enrolled in 15 credit hours at __. She dropped a 3 credit hour class 30 days after classes began and successfully completed the remaining 12 credit hours. Kim's completion rate was 12/15 = 75%. She is deemed "SAP Good" because her successful completion rate of 75% was above the minimum 66% policy standard.
Kim then enrolled in 12 credit hours during the spring semester. She subsequently withdrew from 7 credit hours two weeks after the semester began and successfully completed the remaining 5 credit hours.
At the end of the spring semester Kim's successful completion rate for all semesters of enrollment is 17/27 = 63%.
[ Explanation: 12 credit hours completed in the fall plus 5 credit hours completed in the spring (12+ 5=17), divided by 15 credit hours attempted in the fall plus12 credit hours attempted in spring (15+12=27) equal 17/27 = 63% overall. ]
Kim's financial aid eligibility is changed to SAP Warning. Kim remains eligible for financial aid, but will have to perform better to overcome her "PACE" deficiency. If she does not do better, she could become SAP Suspended and consequently would not be eligible for additional funding.