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Financial Aid Repayment Policy

Per federal regulations, any student who receives financial aid and then withdraws from all classes prior to completing 60% of the semester/ program and/or course will be required to repay a portion of any unearned federal financial aid. If the student has received more than earned, notification will be sent as to the amount of aid to be returned, the due date, and the procedure. If the student has not yet received the full amount earned, notification will be sent regarding a post-withdrawal disbursement the student may receive, the response date, and the procedure. Federal regulations only allow students to receive financial aid for classes they actually attend. Students who receive financial aid for classes they drop before the first day of class or that they otherwise never attended must return those funds. There is no appeal process. Federal regulations do not allow a college to make any exceptions to the Return of Title IV requirements. Students who do not repay the funds owed are disqualified from eligibility for federal student aid at any college or university.

Note; Students may not receive financial aid from more than one institution during the same enrollment period.

Return to Title IV Funds calculations are based on the student's:

  1. Federal Financial aid award;

  2. enrollment status (full, three-quarter, half, or less than half time) at the time of final withdrawal; and

  3. the portion of the term completed.