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/Institutions/Wayne-Community-College/json/2026-2027/General-Catalog-and-Student-Handbook.json

2026-2027 General Catalog and Student Handbook > Expenses > Refunds > Financial Aid Title IV Refund Policy

Financial Aid Title IV Refund Policy

If a student completely withdraws without completing more than 60 % of the term, the student may no longer be eligible for the full amount of Title IV aid 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 an adjustment due to a Return to Title IV calculation.  Failure to pay a balance created by this adjustment may result in a hold being placed on the student's account.  A hold prohibits registration for future classes and prevents a student from obtaining an official college transcript.