Withdrawing from Lycoming
Students wishing to withdraw from the College
during the semester should meet with the Assistant
Dean for Freshmen or the Assistant Dean for Sopho-
mores to ensure that their financial and academic
records are properly closed. If you stop attending
classes and receive a grade of “F” in all your classes,
you will be considered to have unofficially with-
drawn.
The Financial Aid Office is required to recalcu-
late federal financial aid eligibility for students who
withdraw, drop out, are dismissed or take a leave of
absence prior to completing the semester. Up through
60 percent of the semester, a pro rata schedule is used
to determine how much federal aid the student has
earned at the time of withdrawal. The portion of un-
earned aid must be returned to the federal programs.
When unearned aid is returned, a student may owe
the College additional funds.
The College’s Return of Title IV Funds Policy
is available in the Financial Aid Office or online at
.
Student’s Rights and Responsibilities
Renewal of need-based aid is not automatic. You
are required to reapply each year by filing a Free
Application for Federal Student Aid (FAFSA) or
Renewal FAFSA and a Lycoming College
Financial Aid Application by March 1.
If you receive aid from state or private sources, you
are required to notify the Financial Aid Office.
You are expected to apply for all sources of
financial aid for which you may be eligible.
Lycoming College will not replace any amount
that you fail to receive from an outside source
because you missed the application deadline,
failed to submit the necessary paperwork or
failed to meet the minimum standards to
maintain the award.
You are required to notify the Financial Aid Office
of any change in your name, address, enrollment
status, anticipated graduation date, housing status
or other changes related to your attendance at
Lycoming College.
You have the right to privacy. All records and
data submitted with your application for financial
aid are treated as confidential information.
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