… (period of enrollment for which the loan covers). Change in Enrollment Status The college is required to review payment of funds to students each enrollment period to determine if the student has received an overpayment. If you did not attend any … classes prior to the first day of instruction and were dropped by the instructor after you already received financial aid funds, you will have to repay all of the funds you received. If you received a disbursement and then dropped units, you may be subject to repayment of some or all of …