A new state law requires students with Bright Futures scholarships to repay their award money if they withdraw from a class after the drop and add period – typically about a week into the four-month semester. “If you withdraw after drop/add, you’ve got to pay the money back.Click to see full answer. Also question is, do you have to pay back Bright Futures If you fail a class?If you do not repay Bright Futures funds for a dropped or withdrawn course that Bright Futures has funded, you will not be eligible for scholarship renewal in future academic years at SPC or any other institution until the funds are repaid to SPC.Beside above, what happens if you drop a class UF? Students who withdraw after drop/add and before the withdrawal deadline will receive a grade of W for all courses. Students on university academic probation who withdraw before the Withdrawal Deadline will continue on probation until their UF cumulative GPA becomes a 2.0 or greater. Herein, can you get bright futures back if you lose it? Students who lose a Bright Futures scholarship because of a low GPA can apply to have the scholarship restored. You must complete a Reinstatement/Restoration Application after logging into your online Office of Student Financial Assistance account.Can Bright Futures be used for housing?The remaining balance of the Bright Futures award will be deposited to the student’s bank account, and those funds could be used toward housing and living expenses. Florida Prepaid Plans and Bright Futures Scholarships can be used during the summer.