FINANCIAL AID REFUNDS/
RETURN OF TITLE IV AID

A student who receives aid and withdraws, drops out, is expelled, etc., during or after the first day of enrollment will be reviewed in accordance with the Federal Title IV Student Financial Assistance Return of Title IV Policy. The federal regulations require that Sacramento State provide for a refund using the pro-rata calculation if the student withdrew on or before the 60 percent of the enrollment period.

Students who withdraw after the 60 percent point will have refunds calculated in accordance with the policy, referenced in California Code of Regulations, Title 5, Sections 41802 (resident) and 41913 (non-resident).

The refund amount is always determined by the student’s withdrawal date. Students are required to officially withdraw from the University. In the event that the student’s progress does not reflect attendance (i.e., 0.0 GPA resulting from "I", "U", “WU”, "NC", and "F" grades), the unofficial withdrawal date used will be the mid-point of the payment period for which aid was disbursed or a later date documented by Sac State.

Under a pro-rata refund, the percentage of the payment period for the period of enrollment completed is the total number of calendar days in the payment period or period of enrollment for which the assistance is awarded divided into the number of calendar days completed in the period as of the day the student withdrew.

A repayment situation may occur when a student receives aid as a disbursement to cover living expenses and ceases attendance. Sac State must determine if the disbursement was greater than the student's living expenses up to the withdrawal date.

Additional information concerning the Return of Title IV Aid calculations is available in the Financial Aid office.

Specific information concerning Summer semester calculations are available in the Financial Aid office.