The Dean of Students Department
Part of the
Withdrawal and Return of Financial Aid
Effective Fall 2000, students who withdraw and have received financial aid will be required to repay to the program source the amount of unearned financial aid funds disbursed to them as of their withdrawal date. Programs include Pell Grants, Perkins Loans, Supplemental Educational Opportunity Grants (FSEOG), Stafford Loans (subsidized and unsubsidized), Parent Loans (the Federal PLUS program), and other awards. The unearned amount of program funds is calculated based on the percentage of the semester completed before the date of withdrawal. Both the University and students receiving financial aid are required to return unearned financial aid to the aid source. The University is required to return the unearned portion of the financial aid funds it received from withdrawing students that was used to pay institutional charges such as tuition, fees, housing, and other educationally-related expenses assessed by the institution. The funds returned to the aid source by the University will be credited against the student's total liability of unearned funds. However, students will owe the University the amount returned to the aid source for institutional charges. In addition, any student who receives Title IV funds and stops attending classes during the semester and does not officially withdraw from the University is considered an unofficial withdrawal, according to Title IV federal regulations. The University is required to return unearned financial aid to the federal government for all unofficial withdrawals in the same manner as students who officially withdraw.
Effective Fall 2009, new state legislation requiring the repayment of all Bright Futures Award amount received for course(s) which were dropped after the drop and add period, or withdrawn. Students who withdraw and are recipients of the Florida Bright futures scholarship will be required to repay 100% of the scholarship to the University, along with any associated fees. Students should consider their repayment responsibilities for these programs as part of any withdrawal decision. Students should contact the Florida Bright Futures office for the most current restrictions on eligibility. Bright Futures scholarship recipients should go to http://brightfutures.fsu.edu to learn how these changes affect you.
If you are a financial aid recipient and understand that you may be obligated in returning funds (tuition and fees) back to the University and your Lender. Then download and complete the Withdrawals Contact Form, submit online or fax the form to Withdrawal Services, (850) 644-0687.