政策:返回标题IV退款(7).4.1)

请参阅本政策的PDF副本.
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第1部分. 简介及政策:

All 金融援助 funds are awarded under the assumption that the student will attend their courses for the entire period for which the assistance is awarded. Federal regulations require that the  College have a procedure in place to ensure students have attended, 至少, one class session in each course in which that student has registered if that course was used to determine enrollment status for 联邦佩尔助学金. (《易胜博》第34卷第668条.21).

易胜博 is 不 required to, and does 不, record student attendance. As such, alternative methods are used to meet the Regulation 不ed above. Students who receive a passing grade are considered to have commenced attendance. 易胜博学术标准政策.17表示不及格课程的出勤率. 根据这项政策, grades of F and FW are assigned for students who have commenced attendance, but have 不 demonstrated adequate achievement in the course (F) or did 不 complete the course (FW). The grade of FN is assigned when a student has 不 commenced attendance and has 不 officially withdrawn from the course. 以FN评分的课程有 considered eligible for Title IV Aid and are subject to Pell recalculation.

Students ‘earn’ financial aid in proportion to the time they are actively enrolled in courses (days completed), 到学期的60%为止. If a student officially withdraws from all credits or otherwise ceases attendance/participation in all courses prior to the 60% point of the term (unofficial withdraw), financial aid disbursed to the student must be evaluated under the Federal Return to Title IV refund (R2T4) regulations. These regulations include a formula 易胜博 must use to determine if a repayment is owed to the financial aid programs from which the student was funded.

第2部分. 过程:

An 正式退出 is initiated by the student in eServices and occurs when a student has successfully removed themselves from all courses. Grades for these courses will be recorded as “W” and the transaction date is stored as the 正式退出 date.

An 非官方的撤回 occurs when a student ceases attendance and/or stops participating in all courses and fails to complete the 正式退出 process 不ed above. 在分配FW等级时, faculty are required to record a student’s last date of academically related activity. If a last date of attendance is 不 available, a midpoint withdraw date will be used.

Students who withdraw (officially or unofficially) are subject to review under the Return to Title IV regulations. These regulations consider the student to have earned all aid if the student’s attendance extends beyond the 60% point of the term.

易胜博 conducts a bi-weekly review of student records, identifying Official and Unofficial withdraws. 除了, an end-of-term review of all records is conducted no later than 30 days after the conclusion of each term to ensure all official and unofficially withdrawn students are evaluated under this policy. 确定学生退课日期后, an R2T4 calculation is conducted as prescribed by regulation. This calculation identifies earned and unearned portions of Title IV aid, using a pro rata schedule. The earned portion of aid is calculated by dividing the number of days attended by the number of days the student was scheduled to attend. Breaks of 5 days or longer are excluded from the calculation. If the student has earned aid that has 不 yet been disbursed, 可能需要提款后付款(PWD).

Once the R2T4 calculation is completed, aid which is unearned must be returned to the funding source. 易胜博 will immediately return amounts owed to 金融援助 programs and the student is then billed for these amounts. Notification of the R2T4 calculation and amount owed are provided to the student.

If the calculation results in a Post-Withdraw Disbursement (PWD) being owed, 通知将发给学生. Grant funding will be applied to the student’s outstanding balance with any credit balance being released to the student. 如残疾津贴包括学生贷款资助, 易胜博 must obtain the student’s consent prior to disbursing these funds.

易胜博 is required to return unearned funds within 45 days from the date the College determined the student to have withdrawn. In the event an R2T4 candidate has a pending credit balance, these funds will be held until the R2T4 calculation is completed. After the calculation of R2T4, any credit balance is disbursed to the student within 14 days.

如规例所订明, 易胜博 returns unearned funds to the 金融援助 programs in the following order.

  1. 联邦无补贴直接贷款
  2. 联邦补贴直接贷款
  3. 联邦PLUS贷款
  4. 联邦佩尔助学金
  5. 联邦SEOG

Once the Federal Return to Title IV Refund Policy is applied, students who receive financial aid funding from the State of Minnesota are also evaluated based on the Minnesota Office of Higher Education refund policies.

实施日期:即日起

采用日期:2006年4月25日

Updated: July 2011; 2/24/15; 11/1/17 (no changes); 06/13/22; 10/26/23