Return of Title IV Funds

 

Withdraw From Classes
Students who drop or withdraw from their classes will have their student accounts adjusted according to Mott’s tuition refund policy. If a student finds it necessary to drop/withdraw during a semester, they must notify the Registration Office to complete the necessary drop/withdrawal paperwork.

Title IV aid that has been received during a semester will be recalculated to determine how much has been earned if a student has:

  1. officially withdrawn from ALL courses within a semester, or
  2. officially withdrawn from a course AND is or was enrolled in a 1st, 2nd, late start session or math module courses, or
  3. received failing grades in ALL the courses they are enrolled within a semester, or
  4. been absent 5 consecutive times in a course that has started in a semester and does not show they attended any of their courses after the reported 5th consecutive absence.

If a student withdraws or stops attending ALL their classes, they may be responsible for a portion of the charges they’ve incurred, which is calculated based on the last date of attendance reported for them by their instructors.

Title IV funding must be returned to the following federal programs in the following order:

  • Unsubsidized Stafford Loan
  • Subsidized Stafford Loan
  • PLUS Loan
  • Pell Grant
  • Supplemental Education Opportunity Grant (SEOG)
  • Other federal, state, private, or institutional student assistance.

Once a student has completed more than 60% of the semester, the student has earned the aid they’ve already received. Generally, a student is considered to have completed more than 60% of the semester if they attend through or beyond:

  • Week 10 of a traditional fall or winter 16 week enrollment period
  • Week 5 of a traditional summer or spring 8 week enrollment period
  • Week 8 of a late start 12 week enrollment period
  • Week 6 of a 1st or 2nd session 8 week enrollment period.

Never Attend Class(es) Enrolled
In order to receive funds from any Title IV program, a student must attend the classes they are enrolled in, which are used to compute their financial aid eligibility. If a student NEVER attends the classes they are enrolled in, the Student Financial Services office will review the student's financial aid eligibility and may adjust the award(s) based on the classes showed attended. The student will be responsible for any outstanding balance owed on account.

A student withdrawing from class and/or never attending classes may also affect the student’s academic progress and result in termination of financial assistance. Please review Mott’s SAP requirements for more details on how to remain in satisfactory academic standing.