Institutional Refunds and 复归第IV章 Funds

A statutory schedule is used to determine the 量 of Title IV funds you have earned as of the date you cease attendance officially or unofficially. 复归第IV章 program assistance earned is based on the 量 of time you spent in academic attendance; it has no relationship to your incurred institutional charges. The order of return of unearned funds no longer includes funds from sources other than the Title IV programs. Up through the 60% point of the enrollment period a pro rata scheduled is used to determine the 量 of Title IV funds you have earned at the time of withdrawal. After the 60% in the payment period or periods of enrollment, you have earned 100% of the Title IV funds.

取款

The institution will use the following definition of withdrawal date:

A. 官方 withdrawal is the date you notify the school of your intent to withdraw or the date of withdrawal you specify, whichever is later.

A. 非官方的 withdrawal is the date of recorded attendance as documented by the institution. If no withdrawal date is documented, the institution will use the 50% point in the semester as the withdrawal date.

还款

A. Reports are generated regularly throughout the semester to identify students who 已经撤销. The R2T4 calculation is then performed.

B. Student 还款 - If the R2T4 calculation determines you owe a repayment, you will be notified by mail and/or telephone of your repayment status. You will be informed that you may make full payment of your refund 量 to the institution or you can establish a payment plan with the Department of Education (DOE). 克拉夫顿没有 accept partial payments. You will submit payment n full to the DOE through a separate 批处理文件.

Payments will be applied to Pell first and SEOG (if applicable) second.

C. Post-withdrawal Disbursement - If the R2T4 calculation determines that you are eligible for Title IV funds, a disbursement will be generated based on the calculated 量.

D. A report is generated at the end of each semester to identify students who received all F’s and W’s to determine if R2T4 is required.

R2T4 Institutional Refunds

If the R2T4 calculation determines there is an institutional refund, your award will be revised to reflect the decrease in Title IV funds and a separate Pell payment batch will be submitted to the DOE.

Institutional Refunds of Tuition and Fees

The Office of 九州体育平台入口 and 记录 will compute and approve the 量 of refund due to you according to the institutional refund schedule.

Consumer Information

R2T4 regulations are disclosed to students through tracking and award letter and various 出版物(我.e. student viewbook, catalogs, Web, etc.).