Financial aid may be adjusted during the first two weeks of enrollment based upon changes in enrollment and changes in tuition and fees. Please contact the Office of Student Financial Planning to discuss changes in enrollment and your financial aid eligibility. Financial aid from private scholarship programs is returned to those programs per their individual regulations. Private loans and payments made by students and parents are not subject to the earned aid percentage. These funds are used to pay the remaining balance after adjustments to federal, state, institutional aid, and institutional charges have been completed.
Any credit balance remaining is returned to the source of payment.
The total amount of unearned Title IV funds, other than Federal Work Study, must be returned. Unearned Title IV aid is the amount of disbursed Title IV aid that exceeds the amount of Title IV aid earned under the federal formula. Students may need to repay financial aid that they did not earn. Unearned state and institutional program funds are to be returned to their specific program. Institutional costs play no role in determining the amount of Title IV funds to which a withdrawn student is entitled.