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Aid isn't unconditional, however. If you fail to meet certain requirements, you may still need to repay money disbursed and may lose financial aid support for the following quarter or semester. Not passing a class isn't an excuse for reneging on your obligation to repay certain types of aid.f you've used FAFSA loans to pay for college classes during a particular semester, it doesn't matter whether you pass the class or not. Either way, you still need to repay the loans. If you've used FAFSA grants to pay for college classes, these don't need to be repaid even if you didn't pass the class.
Failure to Pre-Register. 1  If you are awarded financial aid and fail to pre-register for at least half-time (6 semester hours) prior to 10 days before the start of a semester, you will experience a delay in receiving your financial aid payments. If a student retakes a course that is not aid eligible, a recalculation of aid is done to exclude the credits for the repeated course. 2  This rule applies whether or not the student received aid for earlier enrollments in the course.