The next steps is supposed to be followed when determining the quantity of Title IV aid that is federal be returned upon withdrawal:

The next steps is supposed to be followed when determining the quantity of Title IV aid that is federal be returned upon withdrawal:

  1. Determine portion of enrollment duration finished by pupil. Divide the true quantity of times attended by how many times (less any routine breaks of five times or higher) within the enrollment duration.
  2. Determine the total amount of received Title IV help. Grow the portion associated with enrollment duration finished by the total Title IV help disbursed. In the event that calculated percentage of this enrollment period surpasses 60%, then pupil has made all Title IV help for the enrollment duration.
  3. Determine level of unearned help to be returned. Subtract the amount of earned aid from the amount that is total of aid disbursed. (more…)

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