How do I earn aid in the Return to Title IV Calculation?
According to federal guidelines, the student earns financial aid based on the length of time the student remains enrolled in the term. • If the student withdraws a Title IV refund calculation will be process based on the last day of attendance and all federal aid will be calculated according to the federal regulation. If the student withdraws from school prior to completing 60% of the term, he or she may be required to repay all or part of financial aid received for that term. • If the student initiates the withdrawal process after the completing over 60% of the enrollment term, he or she will have earned 100% of the federal financial aid for that term and no repayment is required. • If the student unofficially withdraws or does not earn a passing grade in any class, federal regulations require a Return of Title IV aid calculation is performed for the student. The calculation will be based on the 50% point in the semester unless the student can document an official last day of attendan
Related Questions
- What must a Federal Student Aid applicant do in order to regain Title IV eligibility if he or she defaulted on a FFEL Program loan that was subsequently written off partially or in full?
- Is a return of Title IV funds calculation required for a student who drops to less than half time enrollment status during a payment period but does not withdraw?
- How do I earn aid in the Return to Title IV Calculation?
