Withdrawal, Unoffical Withdrawal, Received F's, Refunds, and Reduction of Hours
Withdrawal or receiving F's
Withdrawing and/or receiving F's from the College may have both academic and financial aid consequences. You are encouraged to understand the consequences before you decide to withdraw and/or receive F's. Detailed information about the cancellation of registration and withdrawal from the College is available in the Policies and Regulations Applying to All Students. If you decide to withdraw, you must follow established withdrawal procedures beginning with completion of a Withdrawal Form available from the Registrar's office.
How Withdrawing and/or Receiving F's Affects Your Financial Aid
If you complete 60% or less of the term prior to withdrawing, you may be required to repay a substantial portion of your financial aid.
All students must successfully complete at least 70% of cumulative attempted hours to remain eligible for financial aid under the Satisfactory Academic Progress (SAP) requirements. Withdrawing and/or receiving F's from classes will affect your percentage of hours earned. If you withdraw while on SAP Probation, you will be denied financial aid for the upcoming term until an appeal has been submitted, evaluated and approved. For additional information, please review SAP.
You may become ineligible for part or all of the assistance from other sources, such as merit based scholarships and scholarships from private donors. The donor and/or organization will be contacted to determine how they wish the funds to be handled.
Unofficial Withdrawal or Received F's
If you stop attending all classes during a semester or receive all F's or a combination of withdrawals and F's and do not go through the College’s withdraw process, you are treated as an “unofficial withdrawal”. At the end of each semester, NIC identifies all students who did not pass at least one class. NIC will work with departments and instructors to document your last date of attendance. Using that information, you will be reviewed under the Return of Tittle IV Funds calculation.
Tuition Refund Policy
If you cancel your classes or withdraw from the College, you may be eligible for a tuition and fee refund. The Student Accounts Office determines the amount of refund you might be eligible to receive following the College's Refund Policy and the determined last date of attendance.
Housing Refund Policy
Housing refund policies may differ. If you live in the College's Residence Hall, Housing will determine the assessed charges involving your room and board.
Reduced Hours of Enrollment
The amount of your aid eligibility is dependent upon the number of hours in which you are enrolled and billed. This is normally established on the fourth (4th) day of classes. If you add classes after the forth day, your bill may be increased. If you drop classes after the tenth day, your bill will not be adjusted unless registered for late start classes. There are some exceptions to these general rules for students who are enrolled in courses that only meet for part of the semester (such as eight week courses) that start after the tenth day of classes.
- Federal Pell Grant: You must be enrolled and billed for at least 12 credit hours in a semester to receive the full amount of the Pell Grant awarded. If you are billed for fewer than 12 credit hours, the Pell Grant amount will reduce according to your hours of registration, 3, 6 or 9 credits hours.
- Most other grants and scholarships, You may have to be enrolled and billed for at least 12 credit hours. If you are billed for less than 12 credit hours, many grants and scholarships, could be revoked without notification.
- Stafford Loans: You must be enrolled and billed for six or more credit hours of enrollment to establish eligibility.
- Perkins Loan: You must be enrolled and billed for six or more credit hours of enrollment to establish eligibility.
If there is a larger reduction of financial aid than reduction in tuition, you will be billed for the difference.