Return of Title IV Federal Student Aid - Financial Aid
 

Return of Title IV Federal Student Aid
The College will return Title IV aid from the student’s account according to the federal formula. A student may be required to return a Title IV overpayment. If the College notifies the student to return an overpayment, the student has 45 days to return the funds to the College. If the student does not comply with the 45-day requirement, the Department of Education will be notified to begin collection. The student will be ineligible for further Title IV aid until either the overpayment is paid in full or satisfactory repayment arrangements have been made with the Department of Education.
Institutional refunds and the formula used to determine the required return of federal and other student aid will be completed within 30 days of the withdrawal date.
 
Return of Non-Federal Student Aid/Personal Payments
If the student received federal aid, the return of federal funds is the first priority. If the students received state aid or institutional aid or made personal payments, the state and institutional aid are repaid proportionally according to the source of payments.
 
Federal student aid programs will be returned in the following regulated order: Federal Direct Unsubsidized Loans, Federal Direct Subsidized Loans, Federal Perkins Loans, Federal PLUS Loans, Federal Pell Grants, Federal SEOG, and Other Title IV aid programs.
 
GUIDELINES:
Students should also refer to the drop/withdraw policy to ensure they complete the requirements needed to drop/withdraw from a course/s.