Return of Title IV Funds Policy

Students who withdraw from all classes prior to completing more than 60 percent of the semester will have their eligibility for aid recalculated and may be required to repay a portion of any federal financial aid funds received for that semester. This policy applies to all students who withdraw, drop out, or are expelled from BCC and who have received Title IV funds (federal financial aid.) Title IV aid is earned on a per diem basis up to and including the 60 percent point of the semester. Financial aid recipients enrolled after the 60 percent point of the semester are deemed to have earned 100 percent of federal financial aid awarded.

Please note that if you are enrolled in a combination of mini-sessions and 16 week classes, completing the mini-sessions does not waive you from being calculated as a return of Title IV. A student must attend until the 60% of the entire semester in order to not owe money back.

Any institutional refunds, to which the student may be entitled, such as tuition and fees, will be calculated according to the state refund policy found in this catalog. Refunds and adjusted bills will be sent to the student’s address of record. Students are responsible for paying any portion of the charges that are outstanding after Title IV funds are returned. Students’ records will be placed on hold and he/she will not be allowed to register for classes until the bill is paid in full.