Repay Financial Aid

Do I need to repay all or part of my financial aid if I withdraw or do not complete my classes?

Yes. There are different but similar regulations governing what aid you have earned. The U.S. Department of Education requires the college to calculate a repayment of financial aid received for any student that withdraws from, or stops attending all classes before 60% of the quarter. The policy is know as the Return of Title IV policy.

If you stop attending all classes before the date listed for each of the following terms you will be subject to repayment regulations and be required to repay an amount calculated by Olympic College's Financial Aid Office.


  •     Summer quarter 2014:  August 1, 2014
  •     Fall quarter 2014:  November 10, 2014
  •     Winter quarter 2015:  February 18, 2015
  •     Spring quarter 2015:  May 21, 2015


  • Summer quarter 2015: August 3, 2015
  • Fall quarter 2015: November 9, 2015
  • Winter quarter 2016: February 18, 2016
  • Spring quarter 2016: May 19, 2016

The state requires us to recalculate aid for students who drop out or stop attending classes before 50% of the quarter.  If you must withdraw from or stop attending all classes for which you have registered, please follow the Olympic College Registration Office procedures to officially withdraw from classes.

You may officially withdraw by submitting an Add/Drop form to the Registration and Records Office, or online through OASIS.

What if I don't attend my classes?

If you accept financial aid funds and do not attend one or more of your classes you will be responsible for repayment of any aid funds received for the class or classes you did not attend. Any future aid you have in place may be subject to full cancelation.

Contact the Financial Aid Office for details on how this regulation affects you. We may be able to advise on how you can eliminate or reduce your repayment obligation. Click on the links below for more details about the federal and state repayment policies:

Federal Return to Title IV Policy

State Aid Repayment Policy


Last reviewed:  April 2015 HT