Bobby dropped class enrollment from 8 to 2 hours during the 50% tuition/fee reduction period and only has a Federal Direct Unsubsidized Direct Loan. The Return of Title IV aid calculation is not required since the student is still enrolled. The student would receive the tuition/fee reduction. The student needs to be aware he would be evaluated at the end of the academic year based on the current SAP policy.

Cathy dropped from 12 to 6 hours during the 50% tuition/fee reduction period but 3 of those 6 hours was a class that she did not begin attendance in. She received Pell Grant for $2775, Subsidized Direct Loan for $2239. No adjustment is necessary to the Subsidized Direct due to student still enrolled in minimum hours (6) to receive those funds but the Pell Grant is reduced from $2775 to $2082. The reason this is so, 3 hours of Cathy's classes dropped was deleted from her class schedule since she did not begin attendance in that class and received 100% tuition credit. The Pell Grant is re-calculated based on the hours she is being charged for which is technically 9 hours for the term. Emily will be left with a balance that will be owed to the Bursar Office and will be evaluated at the end of the year for our SAP policy.

Doug received a Federal Direct Subsidized Loan for $2,750 and Federal Pell Grant for $2,775, then dropped class enrollment from 12 to 9 credit hours during the 100% tuition/fee reduction period. The student's Federal Direct Subsidized Loan will remain the same, since the student only needs 6 credit hours or more to receive the loan funds, but the Federal Pell Grant award will be reduced from $2,775 to $2,082. This will probably result in the student having to return a portion of residual funds (credit balance) received. The Return of Title IV calculation is not needed since the student did not withdraw from all classes.

Edward withdrew from all classes (12 hours, resident/undergraduate) during the 50% tuition/fee reduction period. The term is 110 days in length, after excluding the Thanksgiving Holiday break of 5 days from the total days. The date of withdrawal was on the 22nd day of the term. The student received a Federal Direct Subsidized Direct ($2,238.75) a Federal Pell Grant ($2,775), a Federal SEOG ($200), a KY CAP grant ($950) and a Need Based Grant ($600) for the term. The Return of Title IV calculation is completed as follows:

a)Percentage completed 20% = 0.20 (22/110)

b1) Total Loans disbursable aid $2238 (Direct)

b2) Total Grant disbursable aid $2975 (Pell Grant + SEOG)*