This information is provided as a guide and is subject to change without notice to comply with federal, state, and institutional policies.
Students receiving Federal Title IV Financial Assistance who formally or informally withdraw from school are subject to Federal Return of Title IV refund calculation, as specified in the Higher Education Amendment of 1998. The calculation of enrollment length 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 to be "earned" must be returned to the Federal programs in the following order: Direct Unsubsidized Stafford loans, Direct Subsidized Stafford loans, Direct PLUS loans received on behalf of the student, Federal PELL Grant, Federal Supplemental Educational Opportunity Grant, and Academic Competitiveness Grant.
Receipt of Federal Title IV Aid in excess of aid earned may be subject to repayment by the student if the student has withdrawn from school. The Financial Aid & Veteran Affairs office notifies the student if a repayment is due. Failure to repay could result in loss of future Title IV eligibility.
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.