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When a student withdraws, the student may no longer be eligible for the full amount of Title IV funds that the student was originally scheduled to receive. In order to transfer funds into the TSP, you must have an open TSP account and you cannot be receiving monthly payments from it.To petition the Court to allow you to withdraw funds from a minor's conservatorship account, you will need the following documents:. A withdrawal is a removal of funds from an account, plan, pension, or trust. Often, conditions must be met in order to avoid penalties. And a negotiable order of withdrawal account is the amount of notice you need to give to the bank or credit union before making a withdrawal. Information about hardship distributions, early withdrawals and loans from retirement plans. A court must approve and order any withdrawal of funds from a blocked account. You are also required to complete exit counseling. If there is no required form, then you would file the Motion and Order to Withdraw Funds in the Registry of the Court.