Normally the refunds will be returned to programs on a prorated basis and according to the components of a financial aid package. Financial aid is considered to be used first for direct educational coststuition and fees, and room and board if in college housing. Students who receive financial aid in excess of direct costs and who then withdraw may need to repay a percentage of this aid. The amount depends upon how many days the student was enrolled and the amount of aid received. See also Satisfactory Academic Progress section of catalog.
Some programs have specific repayment provisions for students who withdraw.
If the refund is insufficient to cover the required repayment, it is the responsibility of each student to make the necessary repayment. Students owing a repayment to any federally-sponsored student aid program cannot receive any type of federal student aid disbursement for future enrollment periods unless repayment arrangements have been made with the Financial Aid Office.