Return to Title IV Aid

Title IV funds are awarded to a student under the assumption that the student will attend school for the entire period for which the assistance is awarded. Students should understand that changing their class schedule anytime during the semester may alter the amount of financial aid they are eligible to receive.

If a student falls below 6 credit hours and has a student loan the student may no longer be eligible to receive the loan.

If a student fails to complete all scheduled classes the student may not have earned all of the aid that they were awarded. A Return to Title IV calculation must be done to determine the amount of earned and unearned aid. If it’s calculated that a student was disbursed more funds than were earned then the unearned funds must be returned to the appropriate Title IV program.

If it is found that the student owes part or all of their financial aid back to the Department of Education the College will return that money which will result in the student owing the College. This balance must be paid before future enrollments are allowed. The student will be notified via letter of any Return to Title IV obligations.

The term “Title IV Funds” includes the following programs:

  • Federal Pell Grant
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Federal Direct Subsidized Loan
  • Federal Direct Unsubsidized Loan
  • Federal PLUS Parent Loan


An overpayment occurs when a student has been disbursed more aid than they are eligible to receive. This typically happens when a student changes their enrollment level by dropping classes before the refund date listed in their class schedule AFTER they have already been disbursed their aid.

The student who is in overpayment will be sent a letter informing them of the situation. If an overpayment is not resolved, and if the student does not repay Title IV funds when required, the institution must report the overpayment to the US Department of Education. Owing an overpayment of a federal grant or loan will prevent the student from qualifying for any future Title IV assistance at all colleges.