Disbursements and Refunds
Fall and Spring Semester Verification of Enrollment Process
The university has adopted an earlier financial aid disbursement policy for all CUNY colleges. This revised policy allows financial aid refunds to reach our students early in the semester to assist them with educational-related expenses such as transportation, books and supplies, and meals. In order to provide verification of student enrollment information prior to the disbursement of financial aid funds, the following processes occur during a fall or spring semester as follows:
| Date | Action |
|---|---|
|
First week of classes (Drops and adds allowed) |
No grade recorded. Student enrollment for financial aid certification purposes is locked as of the seventh day of the semester |
|
Second and third weeks of classes (Drops only) |
WD grade assigned for official drops. Financial aid will not be affected, unless all classes are dropped, R2T4 calculation will be done. |
| After second to third week of classes—Verification of Enrollment due from faculty (attendance rosters) | WN grade assigned when no attendance is indicated by faculty. Applicable course will not be eligible for financial aid. |
| After second to third week of classes—Registrar completes all WD and WN assignments. | WN grade assigned when no attendance is indicated by faculty. Applicable course will not be eligible for financial aid. |
| After second to third week of classes—Students can officially withdraw and receive a W grade (will appear on transcript). Refer to the semester specific academic calendar for specific semester withdrawal dates. | W (official withdraw) grade submitted. Withdrawing from all classes is subject to a R2T4 calculation. |
Important
Any student who receives a WD (Withdrawal Drop) and also is receiving TAP for the same semester may see an eventual reduction in his or her award.
Both WD (Withdrawal Drop) and WN (Withdrawal No Attendance) will be recorded on a student's course history (in CUNYfirst) but will not appear on transcripts.
Any student who earns a WN grade will not be eligible to receive any financial aid (federal and state) for that specific course and may create a tuition and fee balance.
Totally withdrawing from classes (R2T4) will decrease a student's financial aid eligibility and may create a tuition and fee balance.
*Note: Financial aid funds will not be disbursed until all "To-Do" list items are completed, under the "Self-Service" option, in the "Student Center" tab. We strongly recommend that you read the Guide to Enhanced Financial Aid Self-Service Information in CUNYfirst.
