If you are a financial aid recipient and withdraw from all of your classes, any refund of university charges will be returned to the financial aid programs from which they were paid. The proportion of aid that must be returned by you and the university is based on the number of days remaining in the quarter divided by the total number of days in the quarter. The UW is required to refund back to the aid programs the portion of your institutional costs equal to the portion of the quarter remaining. You must pay the remainder of the funds that must be returned as well as any final tuition or forfeiture fee payments that had to be returned to the aid programs. No aid funds must be repaid if you attend more than 60% of the quarter before withdrawing.
The refund of university charges and any additional refunds or payments will be credited to the aid programs in the following order, up to the amount you received for that quarter: Federal Direct Unsubsidized Stafford Loan, Federal Direct Subsidized Stafford Loan, Federal Direct PLUS loan for parents, Federal Pell Grant, Federal Supplemental Education Opportunity Grant, and then other Title IV aid programs. Washington College Grant, institutional aid, and private scholarships will be assessed a repayment on a prorated basis as well if you did not attend classes or withdrew from classes before 50% of the quarter had elapsed. If any refund remains after crediting these accounts, the balance will be refunded to you.
Please be aware that if you withdraw from all classes within the first 60% of the quarter, you may owe immediate repayment of a portion of the aid you received (except Direct and Perkins Loans that are payable according to the terms of the promissory note).
If you remain enrolled but fail to pass any classes, we are required to consider you to have withdrawn. You will be required to repay all the aid you received, and since you failed to take the appropriate steps to withdraw officially, you will still owe the university for your tuition and other costs incurred.
Please also review the Satisfactory Academic Progress policy.
Please speak with a financial aid counselor for further information about withdrawing from classes and the effect on your financial aid.
