What Happens to Financial Aid If a Student Drops Out or Withdraws from College?

If a student drops out or completely withdraws from college, the amount of financial aid that can be applied to their tuition/ fee bill and bookstore charges may be reduced. Federal regulations require students to attend at least 60 percent of the semester to “earn” 100 percent of their eligible financial aid.

If a student drops out or withdraws from BCC before the 60 percent point in the semester (approximately the ninth week of fall/spring semester classes), the amount of their financial aid will be reduced in proportion to the percentage of the semester attended.

For example, students who attend the first 30 days of a typical 110-day semester will qualify for only 27 percent of their eligible financial aid (30/110 = 27 percent).