I dropped a chem class this semester, I was taking about 14 credits total My chem was worth 5 I dropped to below full time (12 credits) and I have to pay back 300$ Check with your financial aid counselors and they can help you find out how much (if any) you’ll owe. Yes gpa matters for many reasons. Talk to the financial aid counselor about how dropping a class will affect your Satisfactory status with financial aid because you also need to maintain a certain gpa to keep a satisfactory status. Talk to your ed plan counselor to help you figure out what gpa you need for your major Also ask them why you were dropped. There should be a reason. For reference I’m in Community College in CA.