|Category Name:||Business and Financial|
|Responsible Unit:||Office of Student Accounts and Accounting|
|Responsible VP:||VP for Administration and Finance|
|Adoption Date:||August 2008|
|Last Revision Date:|
|Last Review Date:|
|Shared governance: none|
Financial implications of reduced Title IV awards caused by student withdrawal from course(s).
There are no definitions for this policy at this time.
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
There is no contact information for this policy at this time.
History (in descending order)
|Next Review Date||August 2011||Three year review|
|Adoption Date||August 2008||Policy Adopted|