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/Institutions/Wayne-Community-College/json/2024-2025/General-Catalog-and-Student-Handbook.json

2024-2025 General Catalog and Student Handbook > Expenses > Refunds > Financial Aid Title IV Refund Policy

Financial Aid Title IV Refund Policy

If a student completely withdraws from all classes prior to the 60 percent point of the term, the student may no longer be eligible for the full amount of Title IV aid as originally offered for the period of enrollment. The student may owe all or a portion of Title IV aid to the College or the Department of Education. This debt is known as a financial aid overpayment. Failure to repay an overpayment may result in a hold being placed on the account. A hold prohibits registration for future classes and from obtaining an official College transcript.