If you withdraw from all your classes or make F's in all your classes, the Office of Financial Aid must determine how much federal money you earned and then return some or all of the unearned portion to the federal government or federal loan servicer on your behalf. Title IV funds include: Pell, SEOG and TEACH grants, Federal Direct and PLUS loans.
Returning Title IV Federal Student Aid (R2T4) Policy
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 federal student 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 60 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 the student attended by the number of days in the period.
If the amount of aid disbursed to the student is greater than the amount of aid the student earned, any unearned funds must be returned to the appropriate aid program. If the amount disbursed to the student is less than the amount the student earned, and for which the student is otherwise eligible, any earned funds may be made available to the student as a post-withdrawal disbursement.
Students who receive all "F" grades for the semester will be considered as unofficially withdrawn.
Unearned funds will be returned to the U.S. Department of Education in this order:
- Federal Unsubsidized Direct Loan
- Federal Subsidized Direct Loan
- Graduate PLUS Loan
- PLUS Loan
- Pell Grant
- SEOG Grant
- TEACH Grant
- Iraq and Afghanistan Service Grant
Students withdrawing from classes are liable for any balance due to ENMU after the return of federal student aid funds.
This policy may change at any time with proper approval. Updated 07/2017
ENMU Station 20
1500 S Ave K
Portales, NM 88130