What happens if I don't complete my classes?

Financial aid is awarded with the expectation that the student will attend school for the period in which the assistance is awarded. If a student does not attend all of his or her classes, the aid must be recalculated based on actual attendance. Students who do not attend a course(s) are not eligible to receive financial aid for that course(s).

The decision to withdraw from classes is an academic decision which might have both short- and long-term implications on the student's ability to receive federal aid. A decision to withdraw is an academic decision which has financial implications. If you are unsure of what is best for you academically, we recommend making an appointment with your academic advisor.

The long-term implication of not completing courses is that repeated course withdrawals may result in a loss of federal aid eligibility. If your completion rate of classes falls below 66.67 percent (i.e., two out of three attempted courses were completed), you will not be eligible to receive financial aid for future sessions. For a complete explanation please refer to Financial Aid Standards of Academic Progress.

The short-term implication is that Columbia College is required by federal regulations to complete a Return of Title IV Funds calculation for students who receive federal aid but do not attend beyond the 60-percent date of the enrollment period for which they have received federal aid. In brief, students need to attend at least one academically-related activity after the 60-percent date to ensure a portion of their federal financial aid is not returned to the Federal Department of Education. For more information, see Columbia College's Return of Title IV Funds page or the Undergraduate Catalog. A balance will be created in the student's account if financial aid money is returned. A student cannot register with a balance due. Future financial aid cannot be used to pay a past balance; it must be paid by the student. If you do drop your class during the official drop period you will not be charged for the class, but you will also not receive financial aid for the class.

The Return of Title IV Funds Calculator will calculate an unofficial estimate of the amount of federal financial aid that will have to be returned. The actual amount returned will be dependent upon the official withdrawal date, which might be affected by grant percentage protection and institutional charges. The actual calculation and return of financial aid to the government will be completed within 45 days. 

The following standard session calendar is meant to assist students and show the 60-percent date in which a student must attend beyond in order to avoid a return of federal funding.  Please note that the 60-percent date is calculated by the start and end dates.  Some campuses and courses have start dates and end dates that differ from the standard session dates.  When the start and end dates differ from the standard session dates there will be a different 60-percent date. 

 

Day Campus Courses

Term Enrollment period 60% point
Fall 2013-2014 08/19/13 -12/12/13 10/22/13
Spring 2013-2014 1/13/14 -5/8/14 3/18/14

Evening Campus courses, Columbia, MO (undergraduate)

Term Enrollment period 60% point
August 08/19/13 - 10/12/13 9/21/13
October 10/21/13 - 12/14/13 11/23/13
January 1/13/14 - 3/8/14 2/15/14
March 3/17/14 - 5/10/14 4/19/14
Summer 6/2/14 - 7/26/14 7/5/14

Evening Campus courses, Columbia, MO (graduate)

Term Enrollment period 60% point
August 8/19/13 -10/10/13 9/19/13
October 10/14/13 -12/12/13 11/13/13
January 1/13/14 -3/6/14 2/13/14
March 3/10/14 -5/8/14 4/18/14
Summer 6/2/14 -7/24/14 7/3/14

Online/Nationwide Campuses courses (undergraduate)

Term Enrollment period 60% point
August 8/12/13 - 10/5/13 9/14/13
October 10/21/13 - 12/14/13 11/23/13
January 1/13/14 - 3/8/14 2/15/14
March 3/24/14 - 5/17/14 4/26/14
Summer 6/2/14 - 7/26/14 7/5/14

Online/Nationwide Campuses Courses (graduate)

Term Enrollment period 60% point
August 8/12/13 - 10/5/13 9/14/13
October 10/21/13 - 12/14/13 11/23/13
January 1/13/14 - 3/8/14 2/15/14
March 3/24/14 - 5/17/14 4/26/14
Summer 6/2/14 - 7/26/14 7/5/14