Ask your financial aid office. It’s VERY possible that they haven’t even received your Direct Loan money…yet.
Ask them what happens if you withdraw…
Ask them how to cancel that loan.
Ask them if you will have any financial obligation for this term.
Ask them the DEADLINE for full withdrawal and what you need to do.
They will help you…
I’m sorry you have to deal with this…but look at the broad view! You will land on your my feet…you will.
“Also, if you withdraw now, you not only will get a full refund, but will also preserve your freshman status, which is necessary for the best scholarships.”
This is an important point.
“You will land on your my feet…you will.”
This is very important also.
You have to go through trouble this week withdrawing from classes and also withdrawing from your dorm and food plan. This is a pain in the ass for now. However, you can find more affordable options for next year, you will be an even stronger student, and you will get through this. Over the length of a lifetime a one year “glitch” is not a big deal at all.
We are trying to tell you…if you withdraw tomorrow, all your costs will cancel and the loan will likely cancel. The loan is the smallest issue here.
This is EXTREMELY important!!! You need to preserve your incoming frosh status. That’s why you must WITHDRAW now from this school. If you try to transfer at the end of the semester, you will get WORSE aid in the future. Transfers get the worst aid.
Also note that the Bursar’s office deals with financial issues and may not be the office where you formally withdraw from the u.
Right!
Likely need to withdraw from Registrar’s office.
OP- you may need to spend an entire day running around but it is worth it.
Housing- don’t assume that if you drop off your key that means your housing contract (and the costs associated with it) is void. Meal plan- don’t assume that when you tell housing that you are withdrawing, they will alert food services. Health Center- don’t assume that your student health fee will automatically get refunded to you once you’ve let the registrar know you aren’t showing up.
Each of these entities is going to need a separate notification but you can’t risk getting billed for a service you can’t pay for because you didn’t withdraw completely. You may find someone in the bursar’s office willing to make you a checklist of who to talk to in every department. If you get a confirmation email that you’ve withdrawn, or that your housing contract has been voided, print out each and every email. Save every piece of paper. And do not rely on someone shaking their head up and down “yes, you’ve withdrawn”. Get it in writing and save it in a file. If there is a mistake made and you get a bill for a few thousand dollars you will be very happy you took the time to print out those notifications.
Thanks all! I will be checking with the offices tomorrow.
Good luck!
This is especially important if they are emailing you at your college address - you will no longer have access to it once you withdraw.
@SchoolAndStuff32 I just wanted to say that I was thinking of you today and that I said a prayer for you that you got through what must be a very hard thing to do. I wish you the best.
Thanks! That really does mean a lot to me.
Let us know what happens. Maybe we can suggest alternatives for next year.
Let us know what you find out.
This thread makes me sad.
To the OP…did you talk to your family to make sure they can’t help you at all?
Hello everyone!!
Here is an update: I talked with my parents and they decided to take out a PLUS loan to help cover the costs for this academic year. So it looks like I will be staying here after all!
However, for my sophomore year, I am seriously considering (and probably will) transferring to an in-state college so I will not have to deal with this chaos and anxiety again.
I just wanted to let you all know I appreciate all the suggestions and support you gave me through this process!
Do well, hopefully try to get some departmental scholarships. If you have work study, save what you can, start early with a summer job (you may need 2 and save, save, save).
Oh good! Do well!!!
Good for you! Study hard, and try to enjoy your first year at college! My kiddos could not have done this alone.