Title IV Federal Student Aid funds are awarded under the assumption students will attend classes for the entire period for which the aid is awarded. When students completely withdraw, officially or unofficially, they may no longer be eligible to receive the full amount of Title IV aid originally awarded. Academically related attendance activities are recorded by physically attending classes, taking exams, submitting required assignments, attending school assigned study groups, etc.
When students who begin the academic period do not complete at least sixty percent of the period, a recalculation must occur to show the percentage of aid which was earned. This percentage is derived by dividing the number of days students attended by the number of days in the period.
If the amount of aid disbursed to students is greater than the amount of aid students earned, any unearned funds must be returned to the appropriate aid program. If the amount disbursed to students is less than the amount students earned, and for which he/she is otherwise eligible, any earned funds may be made available to students as a post-withdrawal disbursement.
Students who receive all F's for the semester will be unofficially withdrawn.
Unearned funds will be returned to the Department of Education in this order:
- Unsubsidized Stafford Loan
- Subsidized Stafford Loan
- Perkins Loan
- Graduate PLUS Loan
- PLUS Loan
- Pell Grant
- SEOG Grant
- TEACH Grant
- Iraq and Afghanistan Service Grant
Students withdrawing from classes are responsible for payment of any balance due after the required return of Federal student aid funds.
Have a question? Contact Us!
Office of Financial Aid
ENMU Station 20
1500 S Ave K
Portales, NM 88130
Local phone: 575.562.2194