stay, stop, or drop?
DESCRIPTION
Stay, Stop, or Drop?. How your decision may impact your financial future. Objectives. Participants will gain an understanding of assistance available for each decision: Stay in school Stop attending school for a period of time Drop out of school. Why?. - PowerPoint PPT PresentationTRANSCRIPT
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Stay, Stop, or Drop?
How your decision may impact your financial future
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ObjectivesParticipants will gain an understanding of
assistance available for each decision:
• Stay in school
• Stop attending school for a period of time
• Drop out of school
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Why?• Common reasons student must decide
whether to stay in, stop, or drop school:• Health issues• Family burdens• Employment demands• Lack of academic progress• Attendance issues
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Key People for Advice
• Academic Advisors• Financial Aid Staff• Student Service Counselors
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• Stay in school?• Stop out of school and return later?• Drop out completely?
Each of these decisions impacts your financial future.
What’s the next step?
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If you decide to STAY in school:• Financial Aid• Childcare• Transportation• Tutoring• Employment
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If you decide to STOP school temporarily:
• Temporary Leave of Absence• Medical Leave• Military Leave• Changes in Employment Schedule• Special Circumstances
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If you decide to DROP from school – Step 1:
• Visit the Financial Aid Office – how will this affect your future aid eligibility?
• Will you need to pay back money to the school?
• Do you have student loans? When will you enter repayment?
• www.NSLDS.ed.gov
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Drop - Step 2:• Visit the Registrar’s office – complete formal
withdrawal process.
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Drop - Step 3:• Contact your lender – update contact
information and notify of change in enrollment status.
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Additional Resources• Download our brochure: Stay, Stop, or Drop?
Navigating Your Financial Future: www.navigatingyourfuture.org
• Other topics available: Budget, Credit, Repayment of Your Student Loan Debt and more!
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Additional Resources• www.NSLDS.ed.gov• www.StudentAid.ed.gov• www.MappingYourFuture.org• www.FinAid.org
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Contact Us• www.navigatingyourfuture.org• Select “Contact Us” tab• Outreach Representatives are available to
assist with your questions.
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Questions?