Federal Refund Policy for Students Who Withdraw (Return of Title IV Aid)
Students who find it necessary to withdraw from all courses during a semester and are receiving assistance from Title IV programs (Federal Pell Grant, SEOG), will be subject to the Return of Title IV Aid refund policy. This policy is based on federal regulations and requires the college to calculate the amount of financial aid earned based on the number of calendar days in the semester and the number of calendar days completed (based on last date of academic related attendance). Students who withdraw after the 60% point of the semester earn 100% of the financial aid and no refunds are required. Students who complete less than 60% will earn only a portion of the financial aid. The unearned portion will be refunded to the source of financial assistance.
The federal aid earned is first used to pay the tuition, fees, and Campus Shop charges the student has deferred to their Title IV aid account. If any funds remain after deducting these charges, the excess will be sent to the student. If the amount of federal aid earned is insufficient to cover these charges, the student is liable for these charges.