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            "text": "Earned Aid: The portion of Title IV aid a student is entitled to based on the percentage of the term completed."
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            "text": "Unearned Aid: The portion of Title IV aid that must be returned when a student withdraws prior to completing 60% of the enrollment period."
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            "text": "Percentage Completed: The ratio of calendar days attended to total calendar days in the term (excluding scheduled breaks of 5 or more consecutive days)."
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            "text": "Post-Withdrawal Disbursement: Aid disbursed after withdrawal when earned aid exceeds aid previously disbursed."
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            "text": "1. Withdrawal Notification",
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            "text": "Students contemplating withdrawal must contact the Office of Student Financial Aid."
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                    "text": "Earned Aid = Total Disbursable Aid P[p2.10.1.2]ercentage Completed.",
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                            "text": "×",
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                    "text": "If Earned Aid equals disbursed aid, no return is required.",
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                    "text": "If Earned Aid is less than disbursed aid, the difference must be returned.",
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            "text": "3. University Responsibility",
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            "text": "The University must return the lesser of:"
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                    "text": "Total Unearned Aid, OR",
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                    "text": "Institutional charges P[p2.13.2.1]ercentage of Unearned Aid.",
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                    "text": "Returns must be processed within 45 days of withdrawal determination.",
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            "text": "5. Communication",
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            "text": "Students receive written or electronic notification of their repayment obligation."
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            "text": "6. Separation from Tuition Refunds",
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            "text": "The Return of Title IV Aid process is separate from the University's tuition and fee reduction schedule."
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            "text": "Students should refer to the Registrar's published refund/withdrawal calendar for tuition liability."
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            "text": "REFERENCES AND RELATED MATERIALS:",
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                    "text": "Higher Education Amendments of 1998"
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                    "text": "Kentucky State University Registrar's Refund/Withdrawal Calendar"
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