There are a couple of major semester decision points coming up soon and it’s important to understand the implications.
These dates are for full semester courses, so if you’re in 8 or 12 week courses the date will be different but the concept is the same. If at the end you need to know more for 8 or 12 week courses, do ask!
Sunday, March 24 is the last date you can withdraw from a class and earn a grade of “W”.
In order to ‘earn’ your Financial Aid, you must be in attendance in your courses on Friday, March 29.
Here’s the dilemma.
If you’re taking 15 credit hours and you need to drop a class because you’re really going to earn an F, then you really don’t care about this because you’ll still have 12 credit hours and still are a full time student.
If you’re taking 12 credit hours and you need to drop a class, this becomes important.
It’s a “pay me now, pay me later” sort of deal.
If you drop a class and it drops you under 12 credit hours, then you’re not in attendance in the class for Financial Aid purposes and the amount of Financial Aid you get will be affected. You still owe the college for full time tuition (hey! I never said this was fair!) but you may not be entitled to full time Financial Aid — it depends on the number of credits you are still ‘attending’. Instead of getting a refund on April 8, you may end up owing us money. Whoa!
If you stick out the class because you’re going to be in a financial bind otherwise, then if you earn enough poor/failing grades it may affect your eligibility for Financial Aid for the next semester. If you do not make Satisfactory Academic Progress, you can lose your Financial Aid eligibility. If you’re doing poorly in only 1 class and earning B or C grades in the other 3 classes, you may not be in too bad of shape. If you’re doing poorly in all of your classes and going to be getting D and F grades in all of them… you’re probably in trouble.
This is week 9 of the full semester. There may or may not be time to catch up — that’s between you and your instructor. But if you think you’re in a hole, talk to your instructor. Talk to your advisor. Talk to the Business Office. Talk to someone… don’t suffer in silence!