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Withdrawal/Resignation Checklist - Financial Implications

If you receive financial aid, you may be required to repay all or part of your financial aid if you drop one or more classes. Contact the Financial Aid Office  with questions.

  • Financial Aid Recipients (TOPS, Financial Aid, PELL, etc) –If dropping to less than full-time, it is recommended that you meet with a Financial Aid Counselor. Falling below full-time status may affect your financial aid, scholarships, grants or loans. Resigning early in the term may result in a portion of your aid being required to be returned. It is critical to be mindful of your Financial Aid Satisfactory Progress (SAP) as well as limitations on repeated courses.
     
  • Veteran Benefits - If you receive veterans’ benefits, notify the Office of Veteran & Student Military Services. 
     
  • Scholarships - Contact the Scholarship Office regarding any scholarship you have received.
     
  • Housing – If residing on campus and dropping all classes/resigning, it is recommended that you contact University Housing  for information on how to cancel your housing/meal plan contract.
     
  • External Aid: Other types external aid may be affected when dropping one or more classes. 
    Example: Louisiana Rehabilitation Services (LRS); requires full time status. 

Important questions to ask:

  • How will this affect my financial aid? TOPS? Scholarships? Student Loans?
  • Will I owe a bill?
  • Will this impact my on-campus job?
  • How much money will I lose by withdrawing or resigning? 
  • Does this reduce my refund amount? 
  • Will there be an adjustment to my financial aid award amounts? 
  • Will this impact my eligibility to receive financial aid in the future?