Return of Federal Title IV Funds
Federal Student Aid funds are awarded to a student under the assumption that the student will attend school for the entire quarter for which the assistance is awarded. When a student withdraws prior to attending through 60% of the quarter, the student may no longer be eligible for the full amount of Title IV that the student was originally scheduled to receive. If a recipient of Title IV grant or loan funds withdraws after beginning attendance, the amount of Title IV grant or loan assistance earned by the student must be determined. If the amount disbursed to the student is greater than the amount the student earned, unearned funds must be returned.
Federal Student Aid funds are awarded to a student under the assumption that the student will attend school for the entire quarter for which the assistance is awarded. When a student withdraws prior to attending through 60% of the quarter, the student may no longer be eligible for the full amount of Title IV that the student was originally scheduled to receive. If a recipient of Title IV grant or loan funds withdraws after beginning attendance, the amount of Title IV grant or loan assistance earned by the student must be determined. If the amount disbursed to the student is greater than the amount the student earned, unearned funds must be returned.
It is important to contact the Financial Aid Office prior to withdrawing for the effect of withdraw to your financial aid. Students should contact their Program Director to begin the withdrawal process.
You may reach the Financial Aid Office at (419) 866-0261 or (800) 552-5099 for additional information.
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