Financial Aid Repayment Policy
Federal financial aid regulation states that if you withdraw from all of your classes or cease enrollment prior to the 60 percent point of instruction in any quarter, you will be required to repay all unearned financial aid funds received. A calculation will be performed to determine the repayment amount. Students who withdraw from all classes on or before the dates listed below, will have their aid eligibility recalculated.
60% Percent Points
In addition, you might also be required to repay financial aid funds if there are changes in your eligibility status such as:
The disbursement of federal and state grants and the Federal Perkins Loan funds are based on enrollment. These funds are subject to adjustment/reduction if:
Repayment of funds may be remitted to the University Cashier's Office.