Treatment of Title IV Aid When a Student Withdraws
When federal Title IV grants or loan assistance is disbursed and the recipient withdraws, the law requires that The University of Texas Rio Grande Valley calculate the amount that must be returned by the school and/or student to Title IV programs.
Official withdrawal is when a student provides official notification of her or his intent to withdraw and/or by following UTRGV’s withdrawal process. The date the student initiates the withdrawal (or intent to withdraw) is considered the last date of attendance for the student and is used for calculating the percentage used in the formula for Return of Title IV funds. The number of days from the first class day to the withdrawal date divided by the number of days in the payment period (semester) equals the percentage of Title IV funds earned. If the withdrawal date is after the 60 percent point of the semester, the student has earned 100 percent of the Title IV funds. If the withdrawal date is before the 60 percent point of the semester, the student will be responsible for returning the unearned funds. The student will be notified of the responsibility to repay unearned funds to the appropriate program and/or to UTRGV.