A student is considered to have withdrawn for Title IV purposes if the student:
The Department of Education in CRF34 Part 668 Federal Return Policy provides the guidelines for calculating the amount of Title IV aid that must be returned for students who withdraw. The steps used to calculate the returned amounts are as follows:
1. Determine the withdrawal datea) Date the student withdrew , or b) Date the student provided Official Notification of intent to withdraw, or c) The midpoint of the payment period for unofficial withdrawals, or d) The last date attended as reported by the instructor in conjunction with an SF/NF grade
2. Determine the amount of earned Title IV aida) Determine the percent of semester/payment period completed: 1) Number of days attended through withdrawal date (including weekends) 2) Divided by the number of days in the semester/payment period (for full-semester
3. Return Title IV funds to programsa) Determine the amount of unearned Title IV aid (total amount of Title IV aid that was disbursed
4. Determine the amount of funds that need to be returned to any state, university program, or other agency.
NOTE: The return policies for non-federal aid are determined by the various states, university programs, and agencies that award the aid. The university is obligated to honor these policies.
5. Return of any remaining funds to the student
a) All balances due to the school resulting from other obligations will be deducted from
the amount to be returned to the student.
Fees paid under mistake of law or fact are returnable in full. Any appeals to the refund policy shouldbe referred to the Bursar's Office.