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Rochester Community and Technical College - Rochester, Minnesota

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Loan Exit Session and Return to Title IV Information

 

Special rules apply when students drop below 6 credits or totally withdraw - especially if you have borrowed student loans. Use the chart below to help determine what steps you should take.

We also ask that you stop by the Financial Aid Office if you plan to graduate at the end of the current term. You may need to complete some final paperwork at the Financial Aid Office before you leave campus.

As always, please contact the Financial Aid Office if you have questions or concerns.

 

Drop Below 6 credits

Totally Withdraw

Graduate

All Students

Your drop and/or withdrawal will affect your completion rate. You must complete at least 67% of the courses you register for to remain eligible for Financial Aid. See the Financial Aid Satisfactory Academic Progress Policy and/or meet with your counselor or advisor for more information.

If you have a work study award, you must stop working.

Contact the Financial Aid Office. You may owe a refund to the Financial Aid programs you were funded with.

Your drop/withdrawal will also affect your completion rate. You must complete at least 67% of the courses you register for to remain eligible for Financial Aid. See the Financial Aid Satisfactory Academic Progress Policy and/or meet with your counselor or advisor for more information.

If you have a work study award, you must stop working.

Check with the Financial Aid Office to make sure you do not have any holds that would prevent you from getting your diploma or certificate.









Student Loan Borrowers

You must complete a Loan Exit Session, even though you are still enrolled. Lenders consider you as "exited" when you drop below 6 credits. Follow the link below to complete this requirement for your loan type.

Loan Exit Session

You must complete a Loan Exit Session. Follow the link below to complete the online Loan Exit Session for your loan type. If you are returning for a subsequent term, you should contact the Financial Aid Office to make sure you are still eligible for funding.

Loan Exit Session

You must complete a Loan Exit Session. Follow the link below to complete the online Loan Exit Session for your loan type.




Loan Exit Session

« Return to Student Loan Homepage

 

 

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