Wright State University: Office of Financial Aid

	Monday - Thursday 8:30 a.m. - 6 p.m. Friday 8:30 a.m. - 5 p.m. (937) 775-5721 Toll Free: (877) WSU-FAID (877) 978-3243 financialaid@wright.edu

TYPES OF AID:

Undergraduate

Graduate

Professional Psychology

School of Medicine

Early Awareness

INFORMATION BY AUDIENCE:

THE PROCESS:

SPECIAL CONSIDERATIONS:

Academic Progress Appeal

Child Care Assistance

Consortiums

Dependency Appeal

Extraordinary Expenses

Loss of Income

WSU Costs

Frequently Asked Questions

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ADDITIONAL INFO:

Office of Financial Aid Home

WSU Home

The majority of financial aid awards have enrollment status requirements the student must meet and adhere to in order to be eligible to receive funding. When discussing a change in a student's enrollment status is important to distinguish between a “drop” in enrollment versus a withdrawal from all classes, as each can affect your financial aid awards differently.

A drop occurs when a student officially withdraws from one class yet remains enrolled for one or more classes during the same term, whereas a withdrawal occurs when a student no longer attends any of his or her classes for a given term. A student can either officially or unofficially withdraw. An official withdrawal occurs a student withdraws from a class and is no longer considered registered for that class. Students can officially withdraw from a class either in person at the Office of the Registrar or online via WINGS Express until designated dates for a given term. An unofficial withdrawal occurs when a student stops attending a class or all classes without officially withdrawing from the course(s) or a student earns no grades. At WSU, professors indicate a student has unofficially withdrawn from the class by assigning an X (Unofficial Withdrawal) grade to the class at the end of the term on the student's grade report.

Important things to consider when dropping or withdrawing...

Often dropping a class or withdrawing from all classes results in a reduction of your financial aid awards, which in turn creates a balance owed to WSU. It is highly recommended you contact the Office of Financial Aid to determine how the drop/withdrawal may affect your financial aid awards.
Dropping a class or withdrawing from all of your classes can impact your ability to meet Satisfactory Academic Progress (SAP) requirements for federal student aid.
Depending on when you drop a class or officially withdraw from all classes, you may be eligible for a refund of tuition and fees. For information on WSU's refund policy for tuition and fees, see Official University Refund Policy.
If you plan to withdraw from WSU and currently reside in on campus housing, you are strongly encouraged to contact the Office of Residence Services for information on appeal procedures for a refund/cancellation of your housing charges/contract.

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Federal Student Aid

Drop Policy

Federal student aid is subject to change when a student drops a class and receives a 100% refund of tuition and fees. Otherwise, no adjustments shall occur to federal student aid that has been disbursed.

Withdrawal Policy (Federal Return of Title IV Funds Policy)

Title IV federal student aid recipients who officially or unofficially withdraw from all of their classes are subject to the U.S. Department of Education's Federal Return of Title IV Funds calculation. Based on the student's date of withdrawal, this calculation determines the amount of federal student aid the student has earned and is entitled to keep, and the amount of federal student aid that is considered unearned which the school must return to the federal student aid programs. The return of funds often results in a balance owed to WSU. Students who officially withdraw after 60% of the term has passed are considered to have earned 100% of their federal student aid and no return of funds is required. For a student who unofficially withdraws (receives X grades) and/or receives N (No Grade) grades for all of their registered classes at the end of a given term on his or her grade report, the Return of Title IV Funds calculation uses the midpoint (50%) of the term as the student's date of withdrawal. See Federal Return of Title IV Funds Policy for more information.

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State of Ohio Aid

Policies and procedures for the handling of State of Ohio scholarships, grants, and loans when a student drops or withdraws are established by the Ohio Board of Regents. Policies vary depending on the type of aid. Typically students must be enrolled full-time to receive State of Ohio grants and scholarships but not always. Contact the Office of Financial Aid for more information.

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WSU Aid

Policies and procedures for the handling of WSU funds when a student drops or withdraws vary depending upon the type of aid.

Undergraduate Grants/Scholarships

Academic Scholarships – Contact the Office of Financial Aid.
Athletic Grants – Contact your Head Coach or the Athletics Department.
Lake Campus Scholarships – Contact Lake Campus Student Services.
Other Scholarships – Contact the Office of Financial Aid.
WSU Grants – Contact the Office of Financial Aid.

Employment/Federal Work Study – Contact the Office of Career Services.

Campus-Based Loans – Contact the Office of Financial Aid.

Graduate Assistantships, Tuition Scholarships, Fellowships and Stipends – Contact the School of Graduate Studies.

Boonshoft School of Medicine Scholarships and Fellowships – Contact the Boonshoft School of Medicine.

School of Professional Psychology Scholarships and Fellowships – Contact the School of Professional Psychology.

Tuition Remission – Contact the Office of the Bursar.

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External Scholarships

Policies and procedures for the handling of external scholarship monies when a student or withdraws are determined by the external scholarship Donor. Always contact your Donor first if you have any questions.

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Alternative Loans

Pay close attention to the terms and conditions of your alternative loan. Policies and procedures regarding the handling of loan funds when a student drops or withdraws are established by the lender. Typically students must be registered at least half-time to be eligible for loan funds but not always. Contact the Office of Financial Aid for more information.

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