It is important to remember each time that you withdraw from a class it will affect your Satisfactory Academic Progress (SAP) Completion Rate. Federal regulations require that your Cumulative Completion Rate be at least 67%. Grades of W, WF, NC, U, or F count against your completion rate.
If you have federal Title IV aid (PELL, SEOG, DIRECT LOAN) and withdraw from ALL of your classes, you will not have earned all of your aid and may find that you must repay unearned funds. Unlike a partial withdrawal, you will only earn a percentage of your awarded aid based on the number of days that you attended class. For example, if you receive $2,000 in federal aid and you withdraw from all of your classes after attending only 50% of the term, your aid will be recalculated and be adjusted to $1,000. Your tuition, however, will remain the same.
If you have state aid (SCNB, SC LIFE, SC-LTAP) and withdraw from all of your classes before the drop period of the term has ended, you will lose all of these funds for the term. However, if you attend these classes beyond the end of the drop period of the term, you will have earned 100% of the awarded aid.