College Catalog 2012-2013

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Federal Requirements Relating to Financial Aid


Student Withdrawal and Federal Requirements

This policy applies only to students who receive Federal student financial assistance under Title IV of the Higher Education Act.  Types of assistance are the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Teacher Education Assistance for College and Higher Education Grant (TEACH); Federal Direct Loan (subsidized and unsubsidized), and Federal Direct Parent PLUS Loan.  A student who withdrawals from or stops attending all courses prior to completion of more than 60 percent of the semester will be required to repay all or a percentage of the federal aid received.  This may result in the student owing a balance to the College and/or the federal government.  Unpaid balances will result in a hold on the student’s records, diplomas, transcripts, and future registration activity.  Furthermore, these debts may be referred to an outside collection agency and to appropriate credit bureaus.  Resulting collection costs will be added to the original debt and the student must pay these costs, as well as attorney’s fees, if applicable.  More detailed information is available upon request from the Financial Aid Services Office.

Last Updated: 4/13/12