I'm a full-time student but I need to drop a class. What happens to my Financial Aid?

<p>Right now I have 15 credit hours at my college but I need to drop a class that will put me down to 10 hours. If I understand correctly, Full-Time students get more financial aid than part-time, correct?</p>

<p>What will happen to my financial aid once I drop this class and become a part-time student? And how would that work? Would they make me pay more for the other classes I'm taking even though I've already paid for them?</p>

<p>Thanks.</p>

<p>You honestly need to talk to your college. If you receive the Pell Grant, you would drop down to 3/4 time and would obviously get less. How it would affect your other grants though depends entirely on your school. Is there anyway that when you drop this class that you could sign up for another one? Some colleges have online or open ended courses that would keep you at full time. </p>

<p>Good luck :).</p>

<p>I looked in my course guide. There are some theatre classes or some basic computer classes that will keep me full time but they don't even count as electives for me.</p>

<p>There is one Nutrition class that would count for me but it's full and I'd need instructor approval. My only chance would to be to go there the first day of class and hope he/she is nice enough to let me in. This teacher is part-time and has no current classes or any contact information listed so I'll have to try it. I'll keep my fingers crossed.</p>

<p>Good luck. It might be cheaper for you to take the courses that don't count if it means keeping your aid, but again it depends entirely on your college.</p>

<p>Talk to the school. If you have completed a good part of the course and it will show on your transcript as a W it may not affect your financial aid. But you need to ask the school financial aid what their policy is for dropped classes, which may vary depending on when the class is dropped. Only they can tell you for sure. </p>

<p>My daughter is in the same boat with a class she may have to drop and from what I can tell from her school web site it hopefully will not affect her aid because it is so far into the semester. But she is contacting the financial aid office next week to make sure. It also can make a difference how many classes you have successfully attempted. At my daughter's school receiving aid the next semester requires her to have successfully completed 75% of attempted credit hours (cumulatively), not a problem in her case as she will be a junior and has not had to think of dropping a class before. But something to be aware of.</p>

<p>Thanks!
Is the following what you were talking about?
I should be fine according to the chart.
It says "in order to continue to be eligible for financial aid."
So do you think that means that I keep everything I've already received?
I'll talk to my financial aid office of course, but I'm just wondering what you all think. I tried calling but there was no answer for some reason... Maybe they aren't there on Saturdays.</p>

<p>"Students who receive benefits in any of the following programs - Pell Grant, Illinois Monetary Award Program (MAP), Federal Work-Study, MAP-Plus, ACG, FSEOG, IIA, Stafford Loan, and Parent Loan for Undergraduate Student (PLUS) must maintain satisfactory academic progress at the end of each term. Grades are posted at the end of each term on the admission link on the college’s website. Students must successfully complete a percentage of their hours enrolled and earn grades that place them in satisfactory academic progress, in order to continue to be eligible to receive financial aid.
Complete details are listed below.</p>

<pre><code>1. COURSE COMPLETION REQUIREMENT

Semester: All students must successfully complete at least 67% of each semester hours attempted.
Cumulative: All students must successfully complete at least 67% of all semester hours attempted while at Morton College.

Please refer to the Course Completion Requirement table below for an explanation of the 67% percent policy.

COMPLETION REQUIREMENTS

Enrolled (Attempted) Credit Hours Must Complete (Earned) Credit Hours

16hrs…………………………………………………………………………………….11hrs
14-15hrs………………………………………………………………………………...10hrs
13hrs……………………………………………………………………………..……...9hrs
11-12hrs……………………………………………………………………..…………..8hrs
10hrs……………………………………………………………………………..………7hrs
8-9hrs…………………………………………………………………………….………6hrs
7hrs………………………………………………………………………………………5hrs
6hrs………………………………………………………………………………………4hrs
5hrs or Less …………………………………………………………………all credit hours

Grades of A, B, C, D, and P are considered successful completions. Grades of incomplete (I), withdrawal (W), Failure (E), Unsatisfactory (U), are NOT considered successful completion. Audits, proficiency test, and non-credit courses are not covered under financial aid but are included in the total number of credit hours attempted (Maximum Timeframe Requirement). Developmental courses (zero level) are included in the total number of hours attempted. Excused withdrawals will count toward hours attempted for the cumulative completion rate as well as cumulative GPA. (Not applicable to Veterans’ Benefits)"
</code></pre>

<p>I have done this before. I started at like 15 credit hours and dropped a 5 credit hour class and completed 10 credit hours and that is all you have to complete. It never messed with my aid because the minimum is 10 at that point. Your fine, relax and don't worry about the dropped class.</p>

<p>Check with your school. Every school has their own policy and no one on the internet can definitively say what your school's policies are. The financial aid offices are probably closed Saturday so contact them Monday. If you do not get a response (they are probably pretty busy with financial aid packages) drop in and see them. We have found financial aid people to be generally very helpful and kind.</p>

<p>DO NOT base your decision on any advice given here. As pointed out by others, each school has its own policy. You will absolutely want to speak with a financial aid officer to find out exactly what will happen to your aid. It may not affect it, but it may well affect it. Do not leave this to chance, or you may have a very unpleasant surprise on your bill.</p>