Complete Withdrawal (Return of Funds) Policy
It is important to be aware of this policy if you are receiving any federal financial aid.
Read the following information and the Satisfactory Academic Progress web page carefully before you decide to withdraw from all of your classes. Throughout this policy the term “payment period” typically refers to a semester or summer term in which you received financial aid.
Please return any excess loan funds that you do not need to Boise State. Do not return excess funds to your lender.
- This will save you money on loan origination fees.
- Most importantly, if Boise State is required to send funds on your behalf back to the Department of Education or your private lender, it may cause issues for you. If you no longer have the funds because you returned them to your lender instead of Boise State, you will have a balance due to the university.