Financial Aid Implications (Return of Title IV Funds)
Financial Aid Implications (Return of Title IV Funds) jeffWithdrawal refund policy for student financial aid funds will be in compliance with regulations for Return of Funds of Title IV awards. The Department of Education mandates that unearned federal financial aid funds are returned to the specific program if a student withdraws from all coursework in a semester. The amount of the refund is determined by the days of the semester that the student was in attendance versus the remaining days (after withdrawal) until the semester ends. Students are notified by mail of their debt to the Department of Education. This debt must be paid in a timely manner in order for the student to receive future financial aid. Contact the Financial Aid Office for more details regarding this policy.