financial aid

Effects of Withdrawal on Financial Aid

Federal Pell Grant

Pell award amounts are based on whether a student enrolled full-time—12 or more equated units (credits), three-quarter (¾) time—9-11 equated units (credits), half-time—6-8 equated units (credits), or less than half-time—1-5 equated unit (credits) by the end of the add/drop period.

If you withdraw from one or more of your classes after the first day of classes but before the official withdrawal date listed in the schedule of classes and remain with at least 1.0 tuition unit through 5.5 tuition units, the amount of Pell funds you receive for the session will be reduced. If this amount is less than the amount you charged or credited towards tuition/fees and a book voucher, you will immediately have to pay the difference to the college.

Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Perkins Loan (FPL), Federal Work Study (FWS)

If the class or classes you withdraw from by the official withdrawal date reduce (s) your enrollment status to less than half-time status (check the Academic Calendar for withdrawal date) you will not receive any funds for the term from these programs. If you work in the Federal Work Study Program, you must stop working the day you withdraw-officially or unofficially - to below half-time status.

Federal Direct Loan Program (FDL)

You must maintain at least a half-time enrollment status throughout the semester; otherwise you are not eligible for funds from the Federal Direct Loan programs. If you drop to less than a half -time status, you immediately start using your grace period and must contact your loan service for an Exit Interview and repayment information.

Tuition Assistance Program (TAP)

If you withdraw from part or all of your classes after the first day of Classes but before the last day of the tuition refund period (check the Academic Calendar for all important dates). TAP will pay only the amount of any tuition liability. You will use a semester's worth of TAP eligibility and you may lose TAP eligibility for the semester or future semesters depending on TAP standards for Progress and Pursuit.

If you withdraw from part or all of your classes after the last day of the tuition refund period (check the Academic Calendar for all important dates) you will receive the amount of TAP award charged or credited towards tuition for the semester, but you may lose TAP eligibility for the next semester or future semesters depending on TAP standards for Progress and Pursuit.

College Discovery

You must be enrolled fulltime to be eligible for CD funds, unless you are in your graduating semester.

Total Withdrawals and the Return of Title IV Funds

Students earn their Financial Aid based on the period of time they remain enrolled.

  • Any student attending Bronx Community College who totally withdraws either officially or unofficially during the first 60% of the term and is receiving Federal Title IV Funds (PELL, SEOG, Federal Loans, etc.) will be subject to federal regulations regarding the amount of their financial aid entitlement.
  • The percentage of federal financial aid granted is based on the official date of withdrawal from class, and is calculated based on a formula mandated by the federal government.

Students will owe the college if:

  • Any portion of their tuition and fees, book voucher and/or loan is not paid by financial aid.
  • They are no longer eligible for the Financial Aid they received in advance due to registration changes or non-attendance.
Students who remain enrolled beyond the 60% point of the term are considered to have earned all their aid and do not have to return any Title IV funds.

All course withdrawals in any semester may affect your ability to meet the Satisfactory Academic Progress requirements and endanger your ability to continue receiving federal and state aid.

Learn more about the Satisfactory Academic Performance requirements for Federal and State Programs.

 

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