Withdrawals - Refund Of Title IV Funds

Any student who withdraws and/or stops attending all of his/her classes prior to the 60% point of any term and has received any Federal funds will owe a repayment to the Financial Aid programs. Federal regulations prohibit a student who owes a refund from receiving any further Title IV Aid until this refund obligation has been paid.

Title IV Aid includes all Federal Financial Aid programs authorized under the Higher Education Act of 1965 (as amended). The following IRSC Financial Aid sources are a part of the Title IV programs: Direct Student loans, Federal PLUS Loans, Federal Work-Study, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Pell Grants, and Federal TEACH Grant.