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Withdrawals and Drops

A student incurs a legal obligation to pay tuition at the time of registration. A decision by the student to not attend, or to stop attending, a course constitutes either a "drop" or a "withdrawal" depending on the timing of the notice to the College. The timing of the notification also determines the tuition charges for which the student will remain liable.

Dropping a Course:

An official "drop" releases the student from all tuition liability and the dropped course(s) will not appear on the student’s transcript. A drop occurs when the student drops courses through their PeopleSoft account when web registration is open or submits a Change of Program Card to the Registrar’s Office in McSpedon Hall, Rm. 201. The course drop window varies by term with specific Add/Drop dates listed on the academic calendars. Dropped courses will be processed without tuition liability as follows:

  • Regular Fall and Spring Semesters – Course drops up to 11:59 p.m. on the LAST DAY of published Add/Drop: No tuition liability
  • Fall, Spring and Winter Trimesters – Course drops up to 11:59 p.m. on the LAST DAY of published Add/Drop: No tuition liability
  • Summer Sessions – Course drops up to 11:59 p.m. BEFORE the first day of session: No tuition liability
  • Winter Session and Weekend Classes – Course drops up to 11:59 p.m. BEFORE the first day of session: No tuition liability

Please visit the Tuition Refund Schedule page for tuition liabilities once a term has started.

To ensure the desired courses have been dropped, you MUST check your PeopleSoft schedule to make sure your schedule and charges are accurate. If the dropped courses still display and charges have not been removed, adjustments have NOT been successfully processed!

Withdrawal from a Course:

Once a term’s published Add/Drop period is over, students may withdraw from a course using a Course Withdrawal Card. Withdrawals cannot be processed online in PeopleSoft. The Card must be signed by both the course professor and an advisor from the Center for Advising and Academic Services (Undergraduates) or the Dean’s Office (Graduates). Completed Cards are then submitted to the Registrar's Office in McSpedon Hall, Rm. 201. Photos/scans of signed Cards be emailed to registrar@iona.edu. Consult the academic calendar for each term’s withdrawal deadline. Withdrawals by the deadline will be assigned a "W" grade on the transcript. Withdrawals during Summer and Winter sessions do not require instructor or advisor approval.

Withdrawal from all courses in a term is tantamount to a College withdrawal, and will be subject to federal regulations regarding the return of federal aid and/or loan money received. NOTE: Students should check with their financial aid counselor as withdrawing from a course may have an impact on financial aid awards in the current, or future, terms.

Course withdrawals will generate tuition liabilities per the College’s Tuition Refund Schedule. Fees are non-refundable. The tuition refund schedule is specific to certain dates within the term in which the student is enrolled. Tuition liabilities will be calculated using the date of submission of notification to the College:

  • Regular Fall and Spring Semesters – Course withdrawals AFTER published Add/Drop deadline: Tuition liabilities apply
  • Fall, Spring and Winter Trimesters – Course withdrawals AFTER published Add/Drop deadline: Tuition liabilities apply
  • Summer Sessions – Course drops/withdrawals DURING Add/Drop period or later: Tuition liabilities apply
  • Winter Intersession and Weekend Classes - Course drops/withdrawals DURING Add/Drop period or later: Tuition liabilities apply

Withdrawal from ALL Courses:

Undergraduates:

Undergraduates wishing to withdraw from the College must arrange for an exit interview with the Center for Advising and Academic Services located at the east end of Ryan Library. Contact the Center at (914) 633-2130 or advising@iona.edu. The College’s Tuition Refund Schedule applies for full withdrawals.

NOTE: A College withdrawal will likely result in the loss of some or all financial aid, including federal loan proceeds, and the student will be liable for all balances on the student account. We strongly recommend you meet with your financial aid counselor before you stop attending classes and withdraw.

Graduates:

Graduate students wishing to withdraw from the College must contact their Dean’s Office in the School of Arts & Science or the LaPenta School of Business. The College’s Tuition Refund Schedule applies for full withdrawals.

NOTE: A College withdrawal will likely result in the loss of some or all financial aid, including federal loan proceeds, and the student will be liable for all balances on the student account. We strongly recommend you meet with your financial aid counselor before you stop attending classes and withdraw.

Withdrawals and Federal Aid Awards:

If you withdraw from all classes and you are a recipient of federal aid in the form of loans or grants, you need to be aware that the withdrawal may mean that some or all of the awards you have received for the term must be returned to the federal government as "unearned". The federal government regulations stipulate that if the student fails to complete at least 60% of the term, that a portion of the aid must be forfeit. You can do a rough calculation by counting how many days you will have been enrolled AND ACTIVELY ATTENDING CLASSES and dividing it by the total number of days in the term (you can use the academic calendar to figure this out). This number should be multiplied by the federal loans and grants you have received for that term and the result is the amount of aid you may keep. The College will be obligated to return the rest to the federal government.

As an example, let's assume Sally Student is a sophomore enrolled full time in the fall term and received a Federal Direct Subsidized Loan in the amount of $1750 for the fall term. Let's also assume that Sally was eligible for a Pell Grant in the amount of $2500 for that term. If Sally withdraws from all of her classes on October 1 and had been in regular attendance until that date, the following would be the calculation:

# days in August, assuming the term start date is August 23:   9
# days in September: 30
# days in October:   0
Total days enrolled and attending 39
Total days in the term, using the same method, but
Ending on December 13:
74
39 divided by 74 = .527
Note: Any semester breaks of one week or longer are
subtracted from the number of days in the term

Multiply the total aid received of $4250 by .527. This equals $2239, which is approximately how much of the aid you can keep. The College would need to return $2011 to the federal government.

This potential loss of federal aid is an important consideration in the decision to withdraw, as it usually produces an unpaid balance on the student's account that must be immediately addressed.