Graduation, Withdrawal & Leaves of Absence
GRADUATION and LEAVES OF ABSENCES
When you graduate or if you take a leave of absence from your studies, it is important to complete online loan exit counseling. This counseling provides important information about when student loan repayments begin and information about deferring loan repayments.
There are 2 different loan counseling requirements - one for Federal Perkins Loan recipients and one for Federal Direct Loan recipients. If you received both loans at any time you were a student, you must complete both types of counseling. These requirements will be posted on your MyUCSC To Do List.
WITHDRAWING DURING A TERM OR SUMMER SESSION
If you withdraw during a term or summer session, your financial aid will be prorated based on the number of days you attended. The withdrawal date is the date you notify your college/academic preceptor of your intent to withdraw. During summer, it is the date you notify the Summer Session Office of your intent to withdraw. For fall, winter or spring withdrawals, you may use our withdrawal calculator to estimate how your financial aid will change if you withdraw.
If you received more aid than you earned, you will be billed for the excess funds. If you withdraw after 60% of the term has elapsed, your aid will not be adjusted.
Refer to Financial Aid Procedures for Students Who Withdraw Mid-Term for details.
If you plan to withdraw completely from Summer Session and receive W's in your courses, please contact the Summer Session Office for a withdrawal form.
Withdrawing Prior to the Start of the Term - all financial aid awards will be cancelled for the quarter(s) from which you are withdrawing.
All W and/or F Grades - please see "Consequences of All F and/or W Grades" on How Academic Progress Affects Your Financial Aid.