<p>I signed up for 4 classes at Nassau community college for the fall semester, 3 credits each class. I want to withdraw from one. My entire tuition is covered by aid, and I'm pretty sure fully the Pell grant. I also am getting a refund because the aid was more than I needed. But since I am at 12 credits, and withdrawing will put me at 9, will I owe money? (or also lose future refund money?) Is pell decided solely upon part time/full time?</p>
<p>Tuition</a> & Fees* If you look at this page and do the math, if I withdraw, my tuition cost will be at $1539, and the regular tuition is $2044. It is past the refund time for a withdrawed class so I doubt I will get a refund for that aid, but is that possible also? I'm really just worried that i'll end up oweing money for withdrawing, because I will then become a part time student, and I'm thinking Pell grants different aid for part time students?</p>
<p>You had better visit your financial aid office before acting so that you understand the consequences. You will not get your tuition cost reduced because you passed the deadline for withdrawing and that cost is set. But you will likely have your Pell award reassessed and reduced, and you may have to pay those extra credits yourself.</p>
<p>Don’t call everything a refund. There is no Pell Grant ‘refund’. There is just a total awarded. The main award goes toward your tuition. If an amount is awarded that exceeds cost of tuition, that excess goes to you for book and other expenses.</p>
<p>See this info:</p>
<p>What happens to my Pell Grant funding if I withdraw from a class or classes?</p>
<p>The Pell Grant can be fractionally prorated in regard to your enrollment status, so if it changes before you have actually received any aid from a Pell Grant, the amount you receive will simply be altered accordingly by your school’s financial aid office. If your enrollment status changes after you have received the proceeds of your Pell Grant, you will most likely have to pay back what the difference is, and if you don’t you may risk having a Pell overpayment on your record, and this can make you ineligible for any sort of future federal aid.</p>
<p>Will my enrollment status and the amount of credits I take affect the amount of Pell Grant I can receive?</p>
<p>Yes, the Pell Grant amount you can receive is fractionally pro-rated in accordance with your enrollment status.</p>
<p>Here is from your own college website</p>
<ol>
<li>What happens to my financial aid if I withdraw from my class?</li>
</ol>
<p>Before you withdraw, you’ll want to visit with a counselor. Withdrawal from individual courses or from the entire semester can affect your financial aid award for that semester and/or future semesters. Students receiving aid for their educational costs are required to maintain an acceptable cumulative GPA, while at the same time completing a specified percentage of the credits for which they register within a certain time frame. Withdrawals (noted as a “W” on your academic record) may affect the status of your “Satisfactory Academic Progress.”</p>