Once you receive financial aid, make sure that you remain qualified. If you earn at least average grades, complete your courses each term, and finish your program or degree on time, you should have no trouble maintaining your financial aid. Make the grade to save your aid.

Dropping or failing a class might put all or part of your financial aid at risk. Talk with a financial aid counselor before dropping a course to be sure you meet the minimum requirements for credit hours with your other courses. If you do decide to drop a course, do so officially. Some students think that if they just stop attending a class, they have dropped it. Without the proper paperwork, however, you are still enrolled in the course and will receive a failing grade and a bill even if you do not attend.