So, what happens to the student’s financial aid if she drops or officially withdraws from classes during the semester?
Financial aid is pro-rated for the semester, meaning that aid is earned at a certain rate and not completely provided at the very beginning of the semester. After the 60 percent point in the semester, all financial aid is considered earned. Generally, earned aid is subtracted from the GCC bill for tuition, fees, and books. If earned aid is less than the student’s bill, she will have to pay the balance.
Students are advised to consult with the financial aid office before they completely withdrawal from the college in order to fully understand the implications of withdrawal.
Posted in: Faculty FAQs