If a student withdrew and the school returned Title IV funds, can the school certify the student for the amount that was returned if the student returns to finish up 200 hours of a 600 hour program?
If a student withdraws from a clock hour program, but re-enters that same program within 180 days, the school is required to place the student in the same payment period in which the student was originally enrolled when the withdrawal occurred. The student is again eligible to receive any loan funds for which he or she was eligible prior to the withdrawal, including any funds that may have been returned by the school or student as part of the return of the Title IV fund process. If, however, the student returns after 180 days, the school would have to calculate a new payment period based on the number of hours (200) remaining in the payment period.
Related Questions
- If a student withdrew and the school returned Title IV funds, can the school certify the student for the amount that was returned if the student returns to finish up 200 hours of a 600 hour program?
- 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?
- When may the school round dollar amounts used in the return of Title IV funds to the nearest whole dollar?
