Treatment of Title IV Funds when Students Withdraw
Students awarded Title IV financial aid must earn their aid by attending classes.
When students completely withdraw from school or stop attending school during a semester, the school must follow rules established by the federal government to determine the amount of financial aid earned.
• When students receive more Title IV funds than they have earned, the unearned portion must be returned to program accounts.
• When students have not received all of their earned Title IV funds, they may still receive disbursements of this aid.
Title IV funds include the following programs:
1. Federal Pell Grant
2. Federal Academic Competitiveness Grant
3. Federal Supplemental Educational Opportunity Grant (FSEOG)
4. DC LEAP
5. Federal Perkins Loan
6. Federal Stafford Loans (subsidized and unsubsidized)
Federal PLUS Loans
The school and the student share responsibility for returning unearned Title IV aid.
• The school returns unearned Title IV funds that have been paid to the school to cover the student’s institutional charges.
• The student returns unearned Title IV funds that he or she received from loan and/or grant funds.
Returning Title IV funds to program accounts after the 100% tuition and fee refund period ends may cause students to owe charges to the school. Students must make arrangements with the Student Accounts Receivable Office to pay the debt.
