Title IV Federal Student Aid Repayment Policy Effective Fall 2000
This policy affects ALL students who receive Title IV Student Aid including:
1. Federal PELL Grants;
2. Federal Supplemental Educational Opportunity Grants (FSEOG); and
3. William D. Ford Federal Direct Loans (FDLP).
Federal Law states that federal student aid is to be awarded under the assumption students will attend school for the entire term (payment period).
Students who withdraw from all courses prior to completing more than 60% of the payment period or stop attending must have their aid eligibility recalculated based on the percent of the payment period completed. This recalculation may result in the student having to repay the federal government a percentage of the federal aid received. Students who withdraw from all courses and have future starting courses within the same term (payment period) for which they have not yet had the opportunity to begin attendance must affirm in writing to the College that they plan on beginning attendance in later starting course(s) within fourteen (14) days of stopping all current attendance.
Pensacola State College is required to share in this repayment responsibility for the courses that the student began attending. The student will have to repay Pensacola State College the debt resulting from the student’s failure to earn the aid awarded by the due date. Unpaid debts will result in an overpayment of aid being reported to USDOE. Until both the debt to the College and the debt to the USDOE are repaid by the student no College transcript will be released, no additional enrollment will be processed, and no institutional, federal or state aid may be awarded or disbursed to the student.
Students must pay the debt in full prior to future enrollment at Pensacola State College. Students will also lose their federal aid eligibility until they either repay the portion owed to the federal government or make repayment arrangements with the USDOE. All costs of collection including reasonable attorney fees will be the responsibility of the student.
Title IV recalculation is the law, there are no appeals.
If you have questions concerning this federal law, contact the Financial Aid, Veteran Services and Scholarships Office.
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Pensacola Campus
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(850) 484-1680
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Milton Campus
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(850) 484-4446
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Warrington Campus
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(850) 484-2385
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