… 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 … Unearned aid may be subject to repayment. Earned aid that has not been disbursed will be offered to the student as a Post Withdrawal Disbursement (PWD). During the first 60% of the semester of enrollment, a student earns aid in direct proportion to the length of time of their enrollment. A student who remains enrolled beyond the 60% point of the semester has …