Federal Financial Aid Recipients–Refund Policy
If a student totally withdraws from the College for a
particular semester and was a federal financial aid recipient, the
student is entitled to receive funding based on the
percentage of the payment period (semester) that the student
If the student completes more than 60.01% of the period, he or she earned 100% of the aid for that period of enrollment.
If the student completes 60% or less of the
period of enrollment, the percentage of the period completed is the
of aid earned and eligible to receive. Any aid that
is unearned as a result of totally withdrawing from the College at
the 60% or less point of the semester must be
returned to the Department of Education.