Trinity Logo
Students  Alumnae/i  Faculty/Staff

Policies | Federal Refund/Repayment Requirements

Policy: Federal Refund/Repayment Requirements when a Student Withdraws

The Financial Aid Office is required by federal statute to recalculate federal financial aid eligibility for students who withdraw, drop out, are dismissed, or take a leave of absence prior to completing 60% of a payment period or term. The federal Title IV financial aid programs must be recalculated in these situations.

If a student leaves the institution prior to completing 60% of a payment period or term, the financial aid office recalculates eligibility for Title IV funds. Recalculation is based on the percentage of earned aid using the following Federal Return of Title IV funds formula:

Percentage of payment period or term completed = the number of days completed up to the withdrawal date divided by the total days in the payment period or term. (Any break of five days or more is not counted as part of the days in the term.) This percentage is also the percentage of earned aid.

Funds are returned to the appropriate federal program based on the percentage of unearned aid using the following formula: Aid to be returned = (100% of the aid that could be disbursed minus the percentage of earned aid) multiplied by the total amount of aid that could have been disbursed during the payment period or term.

If a student earned less aid than was disbursed, the institution would be required to return a portion of the funds and the student would be required to return a portion of the funds. Keep in mind that when Title IV funds are returned, the student borrower may owe a debit balance to the institution.

If a student earned more aid than was disbursed to him/her, the institution would owe the student a post-withdrawal disbursement which must be paid within 120 days of the student’s withdrawal.

The institution must return the amount of Title IV funds for which it is responsible no later than 30 days after the date of the determination of the date of the student’s withdrawal.

Refunds are allocated in the following order:

  • Unsubsidized Federal Stafford Loans
  • Subsidized Federal Stafford Loans
  • Unsubsidized Direct Stafford Loans (other than PLUS loans)
  • Subsidized Direct Stafford Loans
  • Federal Perkins Loans
  • Federal Parent (PLUS) Loans
  • Direct PLUS Loans
  • Federal Pell Grants for which a Return of funds is required
  • Federal Supplemental Opportunity Grants for which a Return of funds is required
  • Other assistance under this Title for which a Return of funds is required (e.g., LEAP)

For questions about Trinity policies, please contact the Academic Affairs, Human Resources, or President's Office as appropriate.

About

Visit

Getting to Campus

Directions to Campus

Parking on Campus

Campus Map

Shuttle from Brookland Metro

Hotels

Campus Tours & Open Houses

Prospective students can request a campus tour by calling 800-492-6882. Learn More

Online Campus Tour

Office of Admissions

Events at Trinity

Meeting & Conference Rentals

Room Rentals

Trinity Center

Calendar of Events

Fitness Center

Brookland residents: learn about discounted memberships at the Trinity Center.

 - Current Fitness Classes

 - Facilities

Schools

Special Programs

Billiart Center for Social Justice
Scholarship, Spirituality and Religiosity, and Service
Continuing Education
Professional development courses for educators
Trinity at THEARC
Earn your Associate's Degree in southeast Washington, DC

CAS Programs

EDU Programs

NHP Programs

SPS Programs

Academic Life

Offices

Student Life