Withdrawal Penalty/Repayment Requirements

The U.S. Department of Education regulations require that recipients of federal financial aid "earn" their aid by consistently attending and participating in class. To keep all of their financial aid funds, students must complete at least 60%of the term.

If a student withdraws from all courses after receiving federal funds or stops attending classes before reaching the 60% point, they may be obligated to repay some or all of the aid that was awarded to them.

It’s important to note that if financial aid covered tuition and fees, and a student is granted a 100% refund of tuition, that refund will be returned to the account that originally paid the tuition and fees.

When students completely withdraw from their courses, they can request an estimated Title IV refund and repayment calculation from the Financial Aid office.

Warning! If you receive federal and/or state aid based on false information, you will be required to repay all of the aid you received. If you purposely give false or misleading information on any documents used to determine your financial aid eligibility, you may be fined, sent to prison, or both.