Though Financial Aid is disbursed at the beginning of the semester it is earned throughout the semester. If you withdraw from classes after the first day of the semester your aid is subject to change, per Department of Education regulations. This adjustment may result in a balance owed to the school, as the school is required to return any unearned funds to the Department of Education on the student’s behalf.  If you have any questions or concerns, please feel free to contact the AAC Financial Aid Office, as we are always here to help!!