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Withdrawing from Classes
Withdrawing from Classes will Affect Your Financial Aid. Before withdrawing or stopping attendance in classes, students should be aware of the proper procedure for withdrawing from classes and the consequences of withdrawing or stopping attendance. Official withdrawal is the responsibility of the student.
Return of Title IV Financial Aid Funds Policy
Students receiving financial aid who withdraw or stop attending will be, in most cases, required to return a portion of financial aid received. The Higher Education Act established the return of Title IV Funds Policy.
This Seminole State College policy reflects new federal regulations. The concept behind the policy is that the College and the student are allowed to retain only the amount of Title IV (federal) aid that is earned. If a student withdraws or stops attending classes, whether or not any credits have been earned for the term, a portion of the aid received is considered to be unearned and must be returned to the Title IV programs from which it was received. For Title IV purposes, the withdrawal date is the last date of attendance as determined by attendance records, if the instructor withdraws or reports an F for the student. If the student withdraws, the date of the withdrawal is the last date of attendance.
If a student attends through 60 percent of the term, all Title IV aid is considered earned. However, withdrawals will affect students' satisfactory academic progress and eligibility for additional financial aid. Federal law permits financial aid to be paid out only for a certain number of credit hours attempted. If students withdraw from a class, those hours are counted as “attempted,” and are applied toward that maximum. If there are too many withdrawals (or “F's”), students may find themselves without financial aid when they reach 150 percent of credits attempted for their particular program plan.
Clarification of New Regulations
Note: Logging in to an online class does not count as attendance
A student who withdraws from an A Session class within the enrollment period must still be attending another class or is considered to be a withdrawal, even if registered for future classes starting in the enrollment period. At the time of withdrawal from an A Session class (if he or she is not attending another class), the student must provide a written statement to the College indicating intent to attend a future class within that enrollment period. If no written statement is provided, the student is a withdrawal, and a Return to Title IV calculation (a calculation to determine the amount of aid earned by the student when the student does not attend all days scheduled to complete within an enrollment period) must be completed. If the student doesn’t actually attend that future class, a Return to Title IV calculation is still required, and the withdrawal date/last date of attendance dates back to the originally confirmed date.
Return to Title IV Process
A calculation is performed to determine the percent of class time the student attended. That percent is applied to the financial aid, and is called earned aid. Conversely, the difference (percent of unattended hours) is unearned aid.
The College must then return the amount of unearned aid, up to the maximum received, to each of the Title IV programs in the following order:
Once the College determines the dollar amounts owed, the student will be notified of what he or she owes to the College and to the U.S. Department of Education (DOE), if applicable. For grant dollars that must be paid to the DOE, the student has 45 days to make repayment to the College and does not have to repay a grant overpayment of $50 or less. Unpaid balances after 45 days will be reported to the National Student Loan Data System (NSLDS) and turned over to the DOE for collection. At that point until overpayments are repaid or satisfactory repayment arrangements have been made with the DOE, the student will be ineligible for further Title IV aid at any institution.
This policy is separate from the institutional refund policy. Unpaid balances due to Seminole State College that result from amounts returned to Title IV programs and other sources of aid will be charged back to the student. The student is also responsible for uncollected tuition due to Seminole State College.
If the student does not begin attendance in all classes or ceases attendance during the 100 percent refund period, aid may have to be reduced to reflect appropriate enrollment status prior to recalculating Return of Title IV Funds.
Questions about Return of Title IV Funds or withdrawals may be addressed to any One Stop Advisor on our campuses, eServices or to the Financial Aid Office at 407.708.2045.
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