Return of Title IV

Financial Aid awards will be adjusted to exclude the following hours from enrollment status:

 Hours from courses that are not part of the Program of Study  Hours from repeated courses that have been taken twice  Hours from developmental courses that exceed the 18 maximum allowable credits for developmental coursework; 27 for ESOL courses  Hours from courses for which a student registers after Census Day

Recalculations are processed for schedule changes initiated by the student (in the form of adds/drops) or by the college (in the form of canceled courses and/or other administrative changes). Students who drop courses, with a later start date (i.e. 8-week courses) are also subject to adjustment and may owe financial aid.

Fall/Spring 16-Week Sessions

 Full-Time Student - Twelve (12) or more semester credit hours  Three-Quarter-Time Student - Nine to eleven (9-11) semester credit hours  Half-Time Student - Six to eight (6-8) semester credit hours  Less Than Half-Time Student - One to five (1-5) semester credit hours  Maximum Hours Allowed - Eighteen (18) semester credit hours  Semester credit hours will be combined for 5-week and 8-week consecutive sessions within the 16-week fall/spring session.

Summer Session Summer sessions I and II are combined for financial aid purposes. It is recommended that students register for a minimum of six (6) semester credit hours prior to the start of Summer I in order to be eligible for all possible sources of aid that may be available. Students planning to attend summer sessions I and II should register for both sessions prior to the start of Summer I in order to receive funding for Summer II.

Maximum Hours for Payment: Six (6) semester credit hours for each session with a combined twelve (12) semester credit hours.

Return of Title IV

Federal Withdrawal Policy Code of Federal Regulations34 C.F.R § 668.22

The Higher Education Amendments of 1998, Public Law 105-244 (the Amendments of 1998) substantially changed the way treatment of funds paid toward a student’s education are handled when recipients of Title IV funds withdraw from school.

These federal regulations stipulate that when Title IV financial aid recipients withdraw from all classes and do not complete the payment period or enrollment period (semester/term) after beginning attendance, recipients may only keep Title IV financial aid they have earned up to the day of withdrawal. The law requires that TSC calculates the amount of aid earned by the student and must return any unearned funds to the respective Title IV program (Department of Education).

If the amount of Title IV financial aid funds disbursed to students is less than the amount earned, and for which they are otherwise eligible, students are eligible to receive a post-withdrawal disbursement of the earned aid that was not received.

Financial aid is awarded with the understanding that students will complete all of their classes and attend school for the entire period (semester) for which they are awarded. When Title IV grant or loan recipients withdraw, they may no longer be eligible for the full amount of financial aid funds that they were originally awarded. Changes in enrollment, at any point in time during the semester, may result in reductions of students’ current financial aid award. A recalculation of financial aid, as a result of not 58