Withdrawals and Repayments

Bright Futures

If a Bright Futures recipient drop/withdraw from a class after the advertised add/drop date, (see Academic Calendar) he/she is required by the state of Florida to repay FGCU for Bright Futures credits paid. A hold will be placed on the account until payment is received

Student Loan Grace Period

The student's grace period for loan repayments for Federal Unsubsidized and Subsidized Direct Loans and FFELP loans will begin on the day of the withdrawal from the University. The student should contact the servicer if he/she has questions regarding the grace period or repayment status. Exit loan counseling should be completed online at the Department of Education's Student Loan website.

Return of Title IV Funds (Federal Aid)

Title IV Aid is financial aid provided by the federal government. This includes Pell Grants, FSEOG, TEACH Grants, Direct Loans and PLUS Loans. The Federal Government requires FGCU to return Financial Aid (Title IV) money to the appropriate Title IV programs for any student who receives federal aid and stops attending  all classes before reaching the 60% point of the semester. This may cause the student to owe a balance to the University.

  • How Return of Title IV is Calculated 

  • Order in Which Funds are Returned

  • Last Date of Attendance

  • Official Withdrawals

  • Unofficial Withdrawals

  • Post-Withdrawal Disbursement

  • Modules or Compressed Courses (Summer)

  • Death of a student

Repeated Courses

A student’s term enrollment status is determined based on repeated courses as defined by federal regulation (34 CFR Section 668.2). Failed courses can be repeated and counted toward enrollment status multiple times as long as the student has never passed the course. Repeated courses in which a passing grade has been received will only be counted toward enrollment status for one repetition after passing the course. Any second or subsequent repetition of the passed course will not be included in the enrollment status for purposes of the Title IV, HEA, programs.

Federal Title IV aid will be recalculated based on the student's adjusted enrollment status. The recalculation will be applied regardless of whether a student received aid for previous course enrollments.

Example: A student is taking a previously passed 3 credit course for the second time after passing the course. The student is enrolled in a total of 12 credits for the term. Per federal regulations, the repeated course must be excluded for the student’s Title IV enrollment status. Only 9 of the student’s 12 credits can be used to calculate his/her Title IV aid eligibility. If the student was Pell eligible, he/she would be paid Pell at three quarter time enrollment instead of full time enrollment