What Happens To Scholarship Money If You Drop Out?

    Do I lose my scholarship if I drop out?

    Scholarships. Many scholarships are given on the basis that you complete the academic year or receive a degree. If you drop out before then, you may be required to repay the money. “Some scholarship providers will provide academic support or emergency aid to help keep you in school,” Kantrowitz said.

    Do colleges refund any money if you drop out?

    It is common that universities will refund a almost all of the tuition you have paid if you withdraw from the university within the first week. It is often gradated after that, with a smaller percentage of tuition and fees being returned the later you wait to withdraw.

    Can scholarship money be refunded?

    Grant and scholarship refunds

    Grants and scholarships are usually applied to your institutional bills first. However, it's possible for some students who received a large amount of scholarships to be refunded this money.

    Related Question What happens to scholarship money if you drop out?

    What are the benefits of dropping out of college?

    Pros of Dropping Out

  • Freedom. Ask any dropout the most important advantage of dropping out of uni, and they'll say – Freedom.
  • Time. Most university students graduate in 2-4 years.
  • Money. Attending university can be expensive.
  • Degree.
  • Network.
  • University Life.
  • Respect.
  • Do I lose my scholarship if I drop out? Scholarships. Many scholarships are given on the basis that you complete the academic year or receive a degree. If you drop out before then, you may be required to repay the money. “Some scholarship providers will provide academic support or emergency aid to help keep you…