第四章联邦基金的提取和归还 Policy - R2T4
Financial aid funds are awarded with the assumption that the student will attend school for the entire term for which the aid was awarded. Therefore, 如果学生退课或休学, the student may no longer be eligible for the full amount of Financial Aid originally scheduled to receive. Federal regulations require the Office of Financial Aid to monitor student enrollment, 官方和非官方的撤退, and perform specific calculations on how much financial aid a student has earned. It is important that all aid recipients understand the potential financial impact of withdrawing from classes. 一旦这个学期的成绩达到60%, a student is considered to have earned all of the financial aid originally awarded and will not be required to repay any funds as a result of withdrawal.
The calculation for the R2T4 federal financial aid funds are based on whether a withdrawal is classified as official or unofficial.
Short-term courses are courses that do not span the entire length of the semester. 如果学生退学,不参加 subsequent short term class, it is considered a complete withdrawal and a R2T4 calculation must be completed. If at the time of withdrawal 该学生将参加另一个 short term course within the same semester, then it is not considered a withdrawal. However, Federal Regulations requires the Financial Aid Office to request the student to provide written confirmation or email to the Financial Aid Office within 5 days that they will be enrolling in an upcoming short term course. This confirmation is required even if the student was previously registered for future courses prior to withdrawing.
R2T4计算获得的联邦财政援助资金
经济援助受助人获得的援助最初收到的 remaining 在支付学费的课程中. The amount of federal assistance Earned是基于一个比例系统 in accordance with 联邦法规,34 CFR 668.22.
助学金按以下顺序返还:
- 联邦直接无补贴贷款
- 联邦直接补贴贷款
- 联邦直接贷款
- Federal Pell Grants
- 联邦伊拉克和阿富汗服务补助金
- Federal SEOG
- Federal TEACH Grants
The R2T4 calculation is completed automatically by the Office of Financial Aid. 公式解释如下:
期间内完成的日历天数
÷
计划在该期间内完成的总天数
The number of calendar days in the numerator and denominator includes all days within the session or term, except for institutionally scheduled breaks of five or more consecutive days. Weekends are included in the calculation except where a break coinciding with a weekend exceeds five days.
一旦挣得的百分比被计算出来, it is then subtracted from 100 to get the unearned percentage. The unearned percentage is then multiplied by the Federal Financial Aid received or eligible to receive to determine the amount of Federal Financial Aid that is unearned and must be returned.
For official withdrawals, the calculation of the percentage of the semester attended is based on the eeffective date 关于正式退出 登记官所记录的s Ooffice.
For unofficial withdrawals, the calculation of the percentage of the semester attended is based on the student’s last date of academic engagement, 根据教员的报告. 如果这个日期不可用, CMU will perform the calculation using the midpoint of the payment period as the student’s withdrawal date.
注:院校奖学金, Federal Work Study and State funds are not subject to the R2T4 policy.
Credit Balance: All Return to Title IV calculations that result in credit balances follow CMU’s Refund Policy, where all credit balances are refunded as soon as possible and no later than 14 days.
The requirements for Title IV program funds when a student withdraws are separate from the refund policy.
Return of Funds: If a R2T4 calculation results in an amount to be returned the student may still owe funds to CMU to cover unpaid institutional charges and will also be responsible for repayment of any remaining portion of their federal student loans under the terms of the promissory note. 学生将收到电子邮件通知,开始退出咨询.
CMU may also charge a student for any Title IV program funds that the school was required to return.
提款后付款
如果学生没有收到 all of the funds that they 赚到钱后,学生可能需要支付提款后的费用. If the student is eligible for a post-withdrawal disbursement of a Title IV grant funds, 它将被张贴到学生的帐户内 45 days of the schools determineed withdraw date. If the student is eligible for a post-withdrawal disbursement of loan funds, CMU将通知该学生 30 days of the schools 确定退课日期并允许学生退课 14 days 接受或拒绝资金. CMU may use all or a portion of a student’s post-提款以抵销任何符合条件的未偿款项 allowable charges 在学生的账单账户上. Any credit balances will be issued to the student as soon as possible, no later than 14 days after disbursement to the student account.