Dropping credits and Financial Aid
Dropping credits may jeopardize current and future student aid eligibility, including loans. The decision about whether or not to drop a course is an academic issue; however, it is your responsibility to understand the financial implications of this decision. Contact Student Financial Services to review how your financial aid will be affected; initial financial aid awards are calculated assuming full-time registration status.
If you drop credits before your financial aid is disbursed
- Notify the Student Financial Services office if you plan to attend a less than full-time (less than 12 undergraduate credits or 9 graduate credits) status.
- Your financial aid award will be adjusted if your credit registration drops below full-time registration status.
- There are some forms of financial aid that require full-time enrollment and will not apply to a student account that has a credit registration below full-time (i.e. Temple University Grant, Federal Perkins loan, some scholarships, etc...).
- You will be responsible for the balance on your University e-bill after your aid is adjusted
If you drop credits after your financial aid is disbursed
- If you drop below full-time registration status and some or all of your financial aid has disbursed to your student account you must contact the Student Financial Services office to review your award.
- If you drop below half-time enrollment (less than 6 credits for undergraduate and less than 4.5 credits for graduate students) you may be ineligible for aid, including loans. Depending on the time during the semester that you drop a course(s), your aid may be adjusted. Notify the Student Financial Services office to review.
- Student Financial Services will revise financial aid awards if a change is made to a student's enrollment.