Return to Title IV Aid Policy
Students who receive Federal Student Aid and who withdraw from all classes before the 61% point of the semester may be responsible for returning grant and/or loan funds received through Federal Student Aid Programs. These students are subject to the “Return to Title IV Aid Policy” as prescribed by the U.S. Congress. This policy mandates a calculation to determine whether the student earned the funds received and whether the institution earned the enrollment fees assessed to the student, based on the withdrawal date. Both the student and the institution are responsible for returning a portion of the federal funds disbursed. The student must repay all unearned Federal Funds including the institution’s portion. Some students who withdraw from all classes may be eligible for a post withdrawal disbursement depending on the amount of funds received.
For more information, contact the Office of Financial Aid at (408) 270-6460 or by email at firstname.lastname@example.org.