Withdrawal if You are Receiving SFA

If a recipient of Title IV Aid (financial aid recipient) withdraws from school during a payment period in which the recipient began attendance, the school must calculate the amount of Title IV Aid the student did not earn, and those funds must be returned. If a student has attended beyond the 60% point of his or her term, 100% of aid has been earned. If the recipient did not attend any class during the designated payment period, 100 percent of the funds must be returned to the lender.