New Hampshire
Financial Implications from a Leave of Absence – during a semester: When you take a Leave of Absence (LOA), the Student Financial Services Office must calculate the amount of financial aid you have earned prior to the LOA. Any Federal, State, or Institutional aid received in excess of the earned amount is considered unearned. Unearned aid must be returned back to the respective Aid program. The calculation may result in the student owing a balance to the university and/or Federal Title IV aid programs. The calculation only applies to students who take an LOA prior to the 60% point of the term (or part of term course period if courses do not span the full length of the term). The determination of the amount to be returned is calculated by the Student Financial Services normally within 45 days of the LOA date. See the WD and LOA Aid Implications Handout for more information.
Taking a Leave may also affect your Satisfactory Academic Progress standing and future eligibility for financial aid. Students should review the SATISFACTORY ACADEMIC PROGRESS (SAP) requirements which can be found on our website.
Departure Checklist
☐ Residential Life – Notify Community Director if on-campus, arrange a move out date, and return key to avoid replacement lock/key fees.
☐ Library – Turn in all books and pay any fines.
☐ PE Center/Adventure Center – Turn in all equipment.
☐ Check with Student Financial Services in the Guy E. Speare Memorial building for outstanding balances.
☐ Check with Student Financial Services for more information regarding any financial implications if leaving during the semester.