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Number of days com feted <br />Total number of days in the payment period <br />The result will equal the percentage of the payment period completed. The amount <br />of federal financial aid that was paid or could have been paid to the student will be <br />based on this percentage. If the student received more financial aid than the amount <br />earned, the student will be billed for the overpayment. Financial aid recipients should be <br />cautioned to repay any "unearned" financial aid as soon as possible to regain eligibility <br />for financial aid. Title IV funds are awarded to a student under the assumption that the <br />student will attend school for the entire period for which the aid is awarded. <br />Any aid recipient who needs to withdraw should contact Student Services and the <br />Financial Aid Office to discuss alternatives before making a final decision. <br />Order of Return of Title IV Funds <br />• Unsubsidized Direct loans <br />• Subsidized Direct loans <br />• Direct PLUS loans <br />• Federal Pell Grants <br />A school must return unearned funds for which it is responsible as soon as possible, but <br />no later than 45 days from the determination of a student's withdrawal or drop. <br />Third Party and Non -Federal Aid Refunds <br />Tuition and fees paid by any third party on behalf of a student will be credited or <br />refunded any monies due back to the same third party. <br />Non-federal aid recipients who withdraw or are dropped from the school who cancel <br />during a period of attendance and the student completed 60% or less of the period of <br />attendance shall receive a pro rated refund. <br />Order of return is determined on Third Party that made tuition payments on behalf of a <br />student or to the student directly if they paid. <br />Appeal Process and Reinstatement of Financial Aid Eligibility <br />Students who are ineligible for financial aid or who are terminated; may appeal by <br />submitting a written statement, with appropriate documentation, to the financial aid <br />office. If appeals are granted and approved by the campus director, students are placed <br />on probation. <br />® Registratlon information: Santa Fe Springs (Main Campus) 562.921.3722 • visit our Web site: www.trainingoenters.org <br />