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2019-2020 BSC Catalog

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FINANCIAL AID<br />

257<br />

Implications of Withdrawal<br />

Withdrawal from the College impacts the student’s financial aid eligibility during the<br />

withdrawn term and possibly for future terms and years. See the “Withdrawal from the<br />

College” section of this catalog for more information.<br />

The withdrawal date is determined by the Provost, and the withdrawal process begins<br />

with the Provost’s Office.<br />

An official withdrawal occurs when a student notifies the College of intention to cease<br />

attendance in all registered courses and completes the formal withdrawal process.<br />

An unofficial withdrawal occurs when a student ceases attendance in all registered<br />

courses and does not notify the College. Financial awards of unofficially withdrawn<br />

students are subject to proration, regardless of when the College determines that the<br />

student has unofficially withdrawn.<br />

Return of Title IV Funds<br />

The College is required to return Title IV funds if a recipient withdraws during the first<br />

60 percent of the term. The refund calculation and process is governed by federal<br />

regulation, and the College is required to determine the portion of aid earned by the<br />

student up until the date of withdrawal and to refund or repay the amount of unearned<br />

aid.<br />

For the purposes of Title IV refund policy, the date of an official withdrawal is the date<br />

the student initiated the withdrawal process or notified any administrative office of<br />

intention to withdraw. In the event of an unofficial withdrawal, the College utilizes the<br />

last date of academic activity that can be documented in the College’s records. Where no<br />

official date is determined, students will earn no more than 50 percent of eligible funds.<br />

The United States Federal Government determines the amount of Title IV funds a student<br />

has earned as of the withdrawal date. The amount of assistance earned is based on the<br />

time the student spent in academic attendance. Earned financial aid is determined by<br />

dividing the number of days the student attended during a specific period of enrollment<br />

by the total number of days in the term.<br />

Unearned Title IV aid is the total of Title IV funds credited to the student account to<br />

cover the period of a term after the withdrawal date. The College is required to calculate<br />

and return all unearned Title IV aid.<br />

If a student withdraws and has Title IV funds subject to return, the College completes the<br />

calculation in a timely manner, awards are adjusted, aid is refunded and/or repaid, and the<br />

student is notified in writing.<br />

Birmingham-Southern College <strong>Catalog</strong> <strong>2019</strong>-<strong>2020</strong>

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