Skip to content

Withdrawing and Your Financial Aid


If circumstances require you to consider withdrawing from all classes, contact your academic advisor and the Office of Financial Aid and Scholarships before withdrawing to make sure you understand the financial and academic consequences of your decision.  Please also read the Withdrawal from the University page of the UC Merced catalog.

Financial Aid Eligibility

The Return of Federal Title IV (R2T4) financial aid regulation mandates that students who withdraw from all classes may only keep the financial aid they have "earned" up to the time of withdrawal. Title IV funds that have been disbursed in excess of the earned amount must be returned by the university to the federal, state or institutional entity which could result in your owing money back to UC Merced. The R2T4 Guide describes what you need to know when withdrawing from UC Merced.

The university has a Fee Reversal Schedule that determines the percentage of tuition and fees that are refunded if you withdraw from all classes. Any amount of tuition and fees credited back to your UC Merced student account will first be applied to pay the balance you may owe as a result of the R2T4 calculation. If there are any funds left after that, Student Business Services would issue you a refund for any remaining funds. 

Withdrawing from all classes may impact your eligibility to receive financial aid for future terms. Please read about Satisfactory Academic Progress for details.

Loan Repayment

Your loans may go into repayment before you return to school. It is very important to make your loan payments on time to prevent your loans from going into default which would result in your losing  eligibility for any future financial aid. Please contact your loan servicer directly for information about repayment options and if you are having any difficulty making payments.