Once you have received your Federal Student Aid, you must maintain academic eligibility to continue receiving Federal Student Aid in the future. Withdrawing from one or more classes and/or not maintaining Satisfactory Academic Progress may cause you to owe a debt to the College or be suspended from receiving additional Federal Student Aid.
Please familiarize yourself with this important information:
It depends. You can make changes or drop classes within the drop/add period; however, if you withdraw from class after the drop/add period, then you will owe a balance to the College. To learn more, check out Rio’s Withdrawal Policy.
If your financial aid appeal is denied, or if you have decided not to appeal, eligibility can be regained once you complete the necessary credit hours and minimum Grade Point Average to meet the Satisfactory Academic Progress standards. You should avoid withdrawing, failing, or getting incompletes in courses as much as possible to help you reach Satisfactory Academic Progress standards. Ultimately, you should aim for a 100% passing rate each semester to help you reach Satisfactory Academic Progress standards. If you had a Maximum Time Frame appeal denied or decided not to submit an Maximum Time Frame appeal, you cannot regain eligibility.
Students must return funds if they receive financial aid and completely withdraw from all credits attempted before completing 60% of the entire enrollment period for a term. A term is considered one of the following: Fall Semester, Spring Semester, or Summer Term. Please visit our Return of Funds Policy for more information.
Your Success Coach can guide through the financial aid process. We are here for you.