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Update July 2021: Although our campus office is still closed, we are available via phone, email, and Zoom. Our hours are Monday/Wednesday from 9–5, Tuesday/Thursday from 10-5, and Friday from 9-3. If you would like to learn more about MIT’s plans for summer and fall, please visit the MIT Now website.

I’m planning to leave; what happens to my financial aid?

If a student receiving federal financial aid (except Federal Work-Study) completely withdraws from classes before completing 60% of the term, we are required to determine how much of the financial aid was earned up to the time of withdrawal. Any federal funds considered as unearned must be returned by MIT and/or the student to the federal government. This situation could result in the student owing aid funds to MIT, the government, or both.

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