Return of Unearned Title IV Funds (due to complete withdrawal in a term)
(34 CFR 668.22)
As an institution participating in programs under Title IV of the Higher Education Act of 1965 as amended, (HEA, Section 484B), The University of Texas at Tyler is required to determine the earned and unearned Title IV aid as of the date a student withdraws from all courses within a term and return the unearned portion to the appropriate Title IV program.
The Return of Title IV Funds regulations do not dictate the institution’s refund policy for tuition and fee charges.
The return of federal funds is required if a student fails to attend, withdraws from, or otherwise fails to complete the period of enrollment for which the financial assistance was intended. After the 60% point in the period of enrollment, a student has earned 100% of the Title IV funds therefore, no return is required. Students are advised to visit with a financial aid staff member prior to submitting a requests for complete withdrawal.
The unearned portion will show on the student’s account as an outstanding balance that must be paid in full prior to receiving official UT Tyler records.
Additional information in reference to Return to Title IV Funds and Withdrawals can be found here: http://www.uttyler.edu/financialaid/withdrawal-policy.php.