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If a student completely withdraws from all credits before the 60 percent point of the semester, his/her financial aid is subject to the “Federal Return to Title IV” refund policy.  Under this policy, students earn financial aid in proportion to the time they are enrolled up to the 60 percent point. The unearned share of federal financial aid must be returned to the program from which it was paid as prescribed by federal regulations in the following order:

  • Federal Unsubsidized Direct Loan
  • Federal Subsidized Direct Loan
  • PLUS Loan
  • Federal Pell Grant
  • Federal SEOG
  • TEACH  

For students receiving financial funding from the State of Minnesota, the Minnesota Office of Higher Education refund policies will apply 

Students will be required to repay any unearned financial aid (federal, state or institution aid) to the university.

 

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