Catalog 2015-2016

Withdrawals - Return to Title IV Funds

Title IV Aid includes all Federal Financial Aid programs authorized under the Higher Education Act of 1965 (as amended). The following IRSC Financial Aid sources are a part of the Title IV programs:

  • Direct Student Loan
  • Federal PLUS Loan
  • Federal Work-Study
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Federal Pell Grant
  • Federal TEACH Grant

Any student who withdraws and/or stops attending all of his/her classes prior to the 60% point of any term and has received any Federal funds will owe a repayment to the Financial Aid program. Federal regulations prohibit a student from receiving any additional Title IV Aid until this obligation has been paid.