Repayment of Unearned Federal Financial Aid

If you receive Title IV federal financial aid (PELL Grant, SEOG Grant and/or Federal Direct Loan) and completely withdraw from all of your classes within the first 60% of the term, or stop attending all classes without notification, or receive an unearned F, or I grade, even if you didn't officially withdraw or have a break in attendance during the semester, a pro-rated portion of your financial aid may need to be repaid. In this case you will be billed for the amount of aid that must be repaid as unearned aid and a hold will be placed on your record until payment is made.

A detailed explanation of the calculation is available under the Return to Title IV Process section.