Withdrawal and Return of Title IV Funds
Federal regulations require that any student who withdraws from the university must comply with the Higher Education Amendments of 1998. Students who withdraw from UD must notify the Office of Financial Aid for completion of Title IV withdrawal. If a student receiving financial aid withdraws after the semester begins, an official withdrawal must be completed. Any student who plans to withdraw must contact the Financial Aid Office.
Once a student has notified the Office of Financial Aid of an intent to withdraw, he or she has 48 hours to seek all required signatures to complete the withdrawal process. The date used for the withdrawal will be the date the student initiates (starts) the process. The official withdrawal must be completed in all offices. Federal, state and institutional aid (including academic scholarships) may be returned, and the student may owe a balance to the university. Prior to returning, the student must pay that balance in full.
A student who attends beyond the 60% point of the term has earned 100% of all aid. The percentage is calculated by taking days attended versus total days in the student’s enrollment. A complete withdrawal prior to this date, however, will result in aid that must be returned to its program(s). The percentage of aid that must be returned for federal funds may also be applied to state and institutional funding.