to receive federal and state financial aid until you successfully appeal the suspension. Audit vs. Withdrawal As defined by the Registrar's Office an Auditor is a student who enrolls in a course, attends class, and pays full fees, but does not receive a grade or credit for the course.  The Financial Aid Office is providing the following information to help understand the impact an audit will have on financial aid eligibility. Even though an audited class will no longer receive a grade at the end of the enrollment period the student is still expected to continue to attend the class and have the opportunity to learn the information.  Students who have no intention of continuing a class should withdraw from that class.  If the intent is to finish the class to gain information and re-take the class next semester (as most students do) then the student would want to audit the class. For financial aid purposes, an audited class will follow the same policies as classes that are being processed as a withdrawal for the student.  Thus, changing all graded classes to an audit status will cause financial aid awards to be re-calculated based on the same policies and procedures as if withdrawing from all classes.  An audited class (or classes) will also affect Satisfactory Academic Progress (SAP). Warning : There can be a loss of financial aid in changing a graded class to audit during the tuition and fee refund period.  If total graded enrolled credit hours drops below