This information is provided as a guide and is subject to change without notice to comply with federal, state, and institutional policies. For the most current information, please visit www.gpc.edu/finaid.
TITLE IV Federal Financial Aid 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. When a student formally or informally withdraws from class, he may no longer be eligible for the full amount of the Title IV funds that the student was originally scheduled to receive and maybe subject to a Federal Return of Title IV refund calculation as specified in the Higher Education Amendment of 1998. The calculation determines the aid earned by the student based on the days enrolled for the semester in relation to the total days in the semester. The aid considered not “earned “ must be returned to the Federal programs in the following order: Federal Direct Unsubsidized, Federal Direct Subsidized , Federal Direct PLUS , Federal Pell Grant and Federal Supplemental Educational Opportunity Grant.
A withdrawal from all classes is an academic action, which results in the reassessment of college charges and the recalculation of the financial aid. If the amount disbursed is greater than the amount the student earned, the unearned funds must be returned. If the amount disbursed to the student is less than the amount the student earned, and for which the student is otherwise eligible they are eligible to receive a Post-withdrawal disbursement of the earned aid that was not received.
All students who fail to repay Georgia Perimeter College within the notified time frame will be become ineligible to re-enroll in class and obtain an academic transcript.
All students who fail to repay Georgia Perimeter College within the notified timeframe will be reported to the Department of Education if applicable and will become ineligible for future Title IV eligibility.