ASU - Financial Aid & Scholarships - Leadership Defined

Withdrawal From ASU

Students who have received federal aid should be aware that a percentage of that money must be repaid if you withdraw during the first 60% of the semester. The chart below estimates the percentage of federal aid that a student must return based upon when he/she withdraws. Please consider this financial responsibility should you be considering withdrawing from the university.

ASU Jonesboro, Mtn. Home, Newport, and Beebe Degree Center

Fall 2007

Estimated % of Federal Aid Due Back

Withdrawal Date

11 days 90 - 99%

8/20 – 8/30

21 days 80 - 89%

8/31 – 9/9

32 days 70 - 79%

9/10 – 9/20

42 days 60 - 69%

9/21 – 9/30

53 days 50 - 59%

10/1 - 10/11

64 days 40 - 49%

10/12 - 10/22

None

10/23 - 12/11

Spring 2008

Estimated % of Federal Aid Due Back

Withdrawal Date

11 days 90 - 99%

1/14 - 1/24

21 days 80 - 89%

1/25 – 2/3

32 days 70 - 79%

2/4 - 2/14

42 days 60 - 69%

2/15 - 2/24

53 days 50 - 59%

2/25 - 3/6

64 days 40 - 49%

3/7 - 3/25

None

3/26 - 5/6

Click here to download a copy of the U.S. Department of Education worksheet that the ASU Financial Aid Office uses to calculate the amount of money that you owe back if you withdraw.