Dropping units during the semester will cause the financial aid award to be recalculated at the time of the 2nd refund date. For example, if you are funded as a full-time student and then drop to half-time by the second refund date, you would only be eligible for your first refund (50%). You would be considered paid completely as a half-time student and would NOT receive a second refund.
Enrollment Status | 1st Refund | 2nd Refund | Semester Total |
12 or more units (full-time) | $1623.75 | $1623.75 | $3247.50 |
9 - 11.5 units (3/4) | $1217.75 | $1217.75 | $2435.50 |
6 - 8.5 units (1/2) | $812.00 | $812.00 | $1624.00 |
.5 - 5.5 units | $209.50 | $209.50 | $419.00 |
If you drop from full-time down to 3/4-time: 2435.50 - 1624.00 = 811.50 (2nd refund)
If you drop from full-time down to 1/2-time: 1623.75 - 1624.00 = 0.25 (2nd refund)
If you drop from full-time down to less-than-half-time: 419.00 - 1624.00 = -1205.00 (you owe back)
If you drop from 3/4-time down to 1/2-time: 1624.00 - 1217.75 = 406.25 (2nd refund)
If you drop from 3/4-time down to less-than-half-time: 419.00 - 1217.75 = -798.75 (you owe back)
If you drop from 1/2-time down to less-than-half-time: 419.00 - 812.00 = -393.00 (you owe back)
Contact: Marnie Shively
Phone: (209) 588-5313
Email: shivelym@yosemite.edu
Office Hours: Monday - Friday 8:00AM to 5:00PM