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2020-2021 General Catalog and Student Handbook > Student Handbook > General Information > Refunds > Financial Aid Title IV Refund

Financial Aid Title IV Refund

If a student completely withdraws from all classes prior to the 60% point of the term, the student may no longer be eligible for the full amount of Title IV funds as originally scheduled.  The student may owe all or a portion of tuition, fees, and book charges to the college or the US Department of Education.  This debt is known as a financial aid overpayment.  Failure to repay a financial aid overpayment may result in a hold being placed on the student's account.  A hold prohibits registration for future classes and from obtaining an official college transcript.