|
> Office of Financial Aid
Withdrawing From University
If you have
confirmed your attendance (accepted your charges with the Student Accounts
Office) and you decide to stop attending classes at MSU, you must officially
withdraw from the university by contacting the Office of Student Affairs
(SUB 120). If you withdraw from the university by notifying the Office
of Student Affairs or the Office of Graduate Studies and are assigned no
grade prior to the 15th class day or a grade of 'W' after the 15th class
day then an official withdrawal has taken place. If you earned no passing
grades ("F, I, NR") at the end of the semester, it is determined that you
unofficially withdrew and the amount of Title IV aid to be returned for
the payment period will be calculated as if you withdrew at the 50% point
of the semester, unless proven otherwise.
For financial aid purposes, the withdrawal date will be assessed by your
first date of contact to the respective offices listed above. The institution
may use any date they deem acceptable in considering potential refunds
for university charges. These two dates are not interchangeable and the
Office of Financial Aid Services withdrawal date is not negotiable. If
you never attend any class, make this known upon completing your university
withdrawal. The date of official or unofficial withdrawal, the type and
amount of financial aid received and the amount of your original charges
are factors used to determine the repayment amount. For more complete details
on the calculation performed, please contact our office.
If you received funds for which you were not eligible, you will receive
a bill from the Student Accounts Office (within two months of the determined
date of withdrawal) and a Financial Aid Revision Notice and letter of explanation
from the office of Financial Aid Services (within 30 days of the determined
date of withdrawal). If you have any student loans, your loan service center
will be notified of the change in your enrollment status. In keeping with
the terms of your loan promissory note, you are expected to notify your
loan service center regarding any changes in address or enrollment status.
If you are one of the few students who are eligible for a post-withdrawal
disbursement, you will be sent a letter of notification of you eligibility,
which must be returned within 14 days from the date of the notice, or the
offer will be rescinded.
If you plan to return to MSU in a subsequent term during the award year,
please notify the Office of Financial Aid Services.
Back to the top
|
