You should speak to a financial aid counselor before dropping any classes, because this could affect your current and future financial aid eligibility. All or part of an award may have to be repaid.
Most aid requires that satisfactory academic progress be maintained.
If it isn't, you may be required to re-apply for financial aid for the next semester. In order to defer payment on student loans, a student must be enrolled at least half time. Once a student falls below this level, the grace period, if any, begins or repayment begins. The student is responsible for paying any outstanding charges not covered by financial aid or other resources. If a student receives financial aid to assist with living expenses and then withdraws, a calculation is performed to determine if any aid must be repaid.