Withdrawals and Returning Financial Aid Funds
If you withdraw from all courses (100%), federal regulations require the Alamo Colleges District to prorate the amount of Title IV financial aid you have earned based upon the percentage of the semester that you have attended classes.
The regulations require the calculation be performed for every student who withdraws from all classes, and that a re-payment percentage be calculated until 60% of the semester has elapsed.
Withdrawing before the 60% mark means you will have to pay back a portion of your financial aid that was not earned.
Failure to repay these funds results in Financial Aid Holds that prevent future registration at any college or university.
Title IV Funds will be returned in the following order:
- Federal Direct Unsubsidized Loans
- Federal Direct Subsidized Loans
- Federal Direct PLUS Loans
- Federal Pell Grant
- Federal Supplemental Opportunity Grant (SEOG)
If you withdraw before financial aid is disbursed, financial aid amounts will be prorated according to federal regulations.
State, local, and institutional grants, loans, and scholarships are also subject to evaluation to assess impact of changes in enrollment status.