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                "text": "POLICY TITLE:\nReturn of Title IV Financial Aid Policy",
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                "text": "APPLIES TO:\nAll students receiving Title IV Federal Aid",
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                "text": "ADMINISTRATIVE AUTHORITY:\nOffice of Financial Aid",
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                "text": "APPROVED BY:\nPresident Koffi C. Akakpo (Interim Approval)",
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                "text": "EFFECTIVE DATE:\nSeptember 26, 2025",
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                "text": "EXPIRATION DATE:\nSixth Months from Approval if Not Renewed or Made Permanent",
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                "text": "NEXT REVIEW DATE:",
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                "text": "POLICY STATEMENT:",
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                "text": "The Higher Education Amendments of 1998 established regulations requiring institutions to return unearned Title IV funds when students withdraw from all classes prior to completing 60% of a term. When a student withdraws from Kentucky State University, both the University and the student may be responsible for returning federal financial aid funds.",
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                "text": "Title IV aid is earned in direct proportion to the number of days a student is enrolled. Students who withdraw before the 60% point of a semester may have aid reduced or canceled. Students remaining enrolled beyond 60% of the term are considered to have earned 100% of their aid.",
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                "text": "DEFINITIONS:",
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                "text": "Title IV Aid: Federal student aid programs including Pell Grant, SEOG, TEACH Grant, Direct Subsidized and Unsubsidized Loans, Perkins Loan, and Direct PLUS Loans.",
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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": "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": "Withdrawals must be processed through the Office of the Registrar.",
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                "text": "2. Calculation of Earned vs. Unearned Aid",
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                "text": "Earned Aid = Total Disbursable Aid × Percentage Completed.",
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                "text": "If Earned Aid equals disbursed aid, no return is required.",
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                "text": "If Earned Aid exceeds disbursed aid, a post-withdrawal disbursement may be offered.",
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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": "Returns must be processed within 45 days of withdrawal determination.",
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                "text": "4. Student Responsibility",
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                "text": "Students are responsible for any remaining unearned portion after the University's share is returned.",
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                "text": "Amounts owed are billed by the Bursar's Office and posted to the student's WIRED account.",
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                "text": "Students who owe repayment may be ineligible to re-enroll or receive future Title IV aid.",
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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": "Students have 14 days to respond to a post-withdrawal disbursement offer.",
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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": "Higher Education Amendments of 1998",
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                "text": "U.S. Department of Education Title IV Regulations",
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                "text": "Kentucky State University Registrar's Refund/Withdrawal Calendar",
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                "text": "<table><tr><td>Subject</td><td>Office</td><td>Telephone</td><td>E-mail</td></tr><tr><td>General Questions</td><td>Office of Financial Aid</td><td>(502) 597-6000</td><td>finaidmail@kysu.edu</td></tr></table>",
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                "text": "<table><tr><td>Revision Type</td><td>Date of Issuance/Revision</td><td>Drafter(s)/Editor(s)</td></tr><tr><td>Issued (New Policy)</td><td>September 2025</td><td>Office of Financial Aid</td></tr></table>",
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