The Financial Aid Office will evaluate tuition/fee reductions to non-title IV aid programs on a case-by-case basis.
Aid will be returned to aid programs in the following priority: Federal Direct Unsubsidized Direct Loan, Federal Direct Subsidized Direct Loan, Federal Direct Graduate PLUS Loan, Federal Direct Parent PLUS Loan, Federal Pell Grant, and Federal SEOG program, TEACH Grant, other Title IV or Title VII aid, other federal, state, private, or institutional student financial aid. If and funds are left on your account after all adjustments to the other aid sources, the credit will be returned to you.
The net amount (as opposed to the gross amount of the loan borrowed) of Federal Direct (subsidized and unsubsidized) and Federal PLUS Loans (graduate and parent) will be used in the return calculation.
Please remember all financial aid recipients will be held accountable under the university's Satisfactory Academic Progress (SAP) policy.
The Student Financial Aid Office is required by federal regulation to evaluate students receiving all Failing, Incomplete, or Unsatisfactory grades for the semester. It is always in the student's best interest to talk with the Student Financial Aid Office regarding their options to see if it is best for them to go ahead and withdraw from classes early in the semester and for them to know the implications they may face if they did not and earned all F' grades. At the end of each semester, the Student Financial Aid Office is required to review all students' grades, but especially those that receive all F' grade(s) to determine if the student was an 'Unofficial
Withdrawal'. Please refer to the section regarding the All F Grade Recipients (Section #14) and learn what effect earning all 'F' grades has on a student's financial aid account.
Amy dropped classes from 12 to 6 hours during the 100% tuition/fee reduction period. The student previously received a Pell Grant for $2,775, which must be reduced to $1,388. The Return to Title IV calculation is not needed since the student is still enrolled. The student enrolls in another 6 credit hours, but after the 100% tuition/fee reduction period is over. The Student Financial Office will not adjust the Pell Grant back to the 12 credit hour rate, because the class was added after the scheduled 100% tuition/fee period. The Student Financial Aid Office uses the 100% tuition/fee reduction schedule to determine the census date and to determine when federal awards should or should not be adjusted. This date is generally the day following the last day a student can receive 100% tuition credit for dropping/adding courses for the designated semester. In this case, even though the student is now enrolled in 12 credit hours, he is only receiving the Pell Grant for the 6 credit hours based on his enrollment as of census date.