Keep My Financial Aid
When a student withdraws completely during a semester, the amount of financial aid (Federal grants and loans) that you have earned must be determined. If you received more aid than you have earned, the excess aid must be calculated. The amount of aid is determined on a pro rated basis. If you have completed less than 60% of the semester, the amount of aid you have earned must be calculated. For example, if you completed 40% of the semester, you have earned 40% of the aid you were awarded. Once you have completed 60% of the semester, you are considered to have earned all of your financial aid. Books that are not needed because of dropped/canceled classes should be returned to the Bookstore immediately for credit to your account.
You will be responsible for repaying any unearned aid that you were not entitled to receive. You must make arrangements with Delta College to repay the unearned funds in full.