… The Financial Aid Office must use these changes to redetermine your financial aid eligibility. This may result in an overaward and/or overpayment situation. Overpayment are funds that you had received but did not earn. There are several … situations that may cause an overpayment, if you: Received additional resources beyond the COA such as stipends, and or scholarships after your financial aid award had been determined. Changes in enrollment status: you drop some courses after … financial aid until the overpayment is resolved. Return to Title IV Policy Students who receive federal financial aid and then withdraw from ALL approved financial aid eligible classes may have to repay some or all of the federal funds they …