Catalog 2014-2015

Withdrawals - Return to Title IV Funds

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 Loan, Federal PLUS Loan, Federal Work-Study, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Pell Grant, and Federal TEACH Grant.

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 program. Federal regulations prohibit a student who must repay funds from receiving any further Title IV Aid until this obligation has been paid.