- Dropping
classes.
If you drop below 16 credit hours prior to 7th week Wednesday of a term, your Financial Aid will be adjusted accordingly (see chart below). This includes Federal, State & Institutional Aid. Example: IF you only take 15 credits your Financial Aid awards will be adjusted to 3/4 time. Please
contact the financial aid office for details as to how your financial
aid will be reduced.
| Full time |
16 credits or above |
| 3/4 time |
12 - 15 credits |
| 1/2 time |
8 - 11 credit |
7 credits or below is not eligible for Financial Aid
- Withdrawing
from Kettering University. If you withdraw
from Kettering University, a portion of your financial aid may
have to be returned to the source (i.e. the Federal or State Government,
the lender, etc.). Kettering University uses a formula provided
by the U.S. Department of Education to determine the exact refund
and its distribution. Refund examples are provided at the bottom
of the page. If you do not return to school (either Kettering
University or another institution), you will be required to begin
repayment on your Stafford Loans after a six month grace period.
- Not
completing your financial aid file.
If your financial aid file is not completed by the time you cease
to be enrolled half-time, you will forfeit your eligibility. All
required documents must be submitted and the process of verification
completed before loans can be processed, need based grants released
to your account, and Federal Work Study (FWS) jobs made available.
- Back
to back school terms. Attending two
academic terms within one semester (July - December or January
-June) may severely limit your aid eligibility. Be sure to speak
with a Financial Aid representative if you are planning to do
this.
Questions? Email the Financial Aid Office at finaid@kettering.edu or call 800.955.4464 ext. 7859 or 810.762.7859.
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