Return of Title IV Funds

Students who receive federal funds, including federal loans, as part of their financial aid packages and do not complete the academic term may be subject to returning a portion of those funds.

Withdrawing from classes

Students who withdraw from all their classes on or before the withdrawal dates listed in the chart below are required to repay a percentage of the financial aid they received. Before withdrawing, you should contact the Financial Aid Office for more information. Amounts must be repaid within 45 days of your withdrawal date.

Class Withdrawal Dates for Financial Aid Repayment
Summer Session 2008	Dates	Withdrawal on or before
11 Week	May 27-Aug 12	July 11, 2008
1st 5.5 Week	May 27-July 2	June 16, 2008
9 Week	May 27-July 27	July 2, 2008
2nd 5.5 Week	July 7-Aug 12	July 28, 2008
Fall 2008	Dates	Withdrawal on or before
Fall	Aug 25-Dec 14	October 30, 2008
Spring 2009	Dates	Withdrawal on or before
Spring	Jan 20-May 17	April 2, 2009

Student record holds

A hold is placed on records for students who have not repaid any financial aid. They will not be able to register for classes or receive financial aid until the funds are repaid and the hold is removed.

Failure to repay financial aid

Student who fail to repay their financial aid will have their names and Social Security reported to the federal government. No future financial aid will be provided until the amount is repaid in full.

Failure to earn a passing grade in at least one class

If you fail to earn a passing grade in at least one class during the semester, you will need to repay a portion of your financial aid received. If you earn an F because you stopped attending class prior to completing at least 60 percent of the semester, federal regulations require that a portion of your federal financial aid be returned to the grant and loan programs. If you have questions, contact the Financial Aid Office.