stay, stop, or drop?

Stay, Stop, or Drop?

How your decision may impact your financial future

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

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

Key People for Advice

• Academic Advisors• Financial Aid Staff• Student Service Counselors

• 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?

If you decide to STAY in school:• Financial Aid• Childcare• Transportation• Tutoring• Employment

If you decide to STOP school temporarily:

• Temporary Leave of Absence• Medical Leave• Military Leave• Changes in Employment Schedule• Special Circumstances

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

Drop - Step 2:• Visit the Registrar’s office – complete formal

withdrawal process.

Drop - Step 3:• Contact your lender – update contact

information and notify of change in enrollment status.

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!

Additional Resources• www.NSLDS.ed.gov• www.StudentAid.ed.gov• www.MappingYourFuture.org• www.FinAid.org

Contact Us• www.navigatingyourfuture.org• Select “Contact Us” tab• Outreach Representatives are available to

assist with your questions.

Questions?