Financial implications of reduced Title IV awards caused by student withdrawal from course(s).
|Category Name:||Business and Financial|
|Responsible Unit:||Office of Student Accounts and Accounting|
|Responsible Exec:||VP for Administration and Finance|
|Adoption Date:||August 2008|
|Last Revision Date:|
|Last Review Date:|
There are no definitions for this policy at this time.
Federal Student Aid (Title IV) regulations require that funds must be returned to the lender when a recipient of those funds ceases to be enrolled prior to the end of a payment period or period of enrollment through the 60 percent point in each payment period or period of enrollment. The return of these funds may result in a balance due on the student's Brockport account.
Source: Federal Student Aid Handbook (Volume 5; Overawards, Overpayments & Withdrawal Calculations)
Links to Related Procedures and Information
There is no contact information for this policy at this time.
History (in descending order)
|Next Review Date||August 2011||Three year review|
|Adoption Date||August 2008||Policy Adopted|
This policy is approved by: