Dropping classes. A lose-lose situation?

<p>This semester has been a mess due to financial and mental health issues and I am thinking about dropping a class. The issue is that dropping the class would make me a part-time student. The main things that will be affected by this are financial aid and health insurance. I was told by the financial aid office that my aid would not be affected because it is late in the semester and the bill is already paid. However, I am having trouble trusting them (been burned in the past before). As for health insurance, I would have only the school's (which barely covers anything), until next January. </p>

<p>The class is within my department, but it is not required and it as totally optional. It is an independent study course for an internship that I had to register for as a class because the organization forces interns to do so. I had to leave the internship due to the aforementioned financial issues. I have to find another internship but would have to be there many hours each week in order to fulfill the requirements. However, I was thinking of instead getting a 2nd job.</p>

<p>Question is, is this a big red flag to grad schools? How bad does this look? Otherwise, my record is fine. I have an above 3.5 GPA and have always been full-time. I am in my last year (won't be going to grad school right away though).</p>