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DISBURSEMENTS

Deferments
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Disbursements
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Return of Aid Policy
Return of Aid Policy
Federal regulations mandate that the Financial Aid Office complies with the Return to Title IV Funds
policy in which any student that drops all courses or officially withdraws before completing 60%
attendance for the semester, may be liable to repay 100% of the Title IV aid that was disbursed.
Title IV funds include the following financial aid programs: ACG, SMART, Pell, SEOG, Perkins Loan,
Subsidized and Unsubsidized Stafford Loans, and PLUS Loans. The amount of the return is based on formulas
established by the U.S. Department of Education.
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