| Category |
|
|---|---|
| Responsible Unit | Office of Student Accounts and Accounting |
| Responsible Cabinet Member | VP for Administration and Finance |
| Adoption Date | 2008-08 |
| Last Revision Date | |
| Last Review Date |
Policy Statement
Financial implications of reduced Title IV awards caused by student withdrawal from course(s).
Definitions
There are no definitions for this policy at this time.
Policy Procedures
Federal Student Aid (Title IV) regulations require that funds must be returned to the lender when a recipient of those funds ceases to be enrolled prior to the end of a payment period or period of enrollment through the 60 percent point in each payment period or period of enrollment. The return of these funds may result in a balance due on the student’s Brockport account.
Source: Federal Student Aid Handbook (Volume 5; Overawards, Overpayments & Withdrawal Calculations)
Links to Related Procedures and Information
Link to Federal Student Aid Handbook
For information and sample scenarios
Contact Information
There is no contact information for this policy at this time.
History (in descending order)
| Item | Date | Explanation |
|---|---|---|
| Next Review Date | 2013-08 | Five-year review |
| Adoption Date | 2008-08 | Policy Adopted |
Approval
There are no approvals for this policy at this time.