Title IV/State Refund Allocation Policy

Title IV and/or State Financial Aid Funds will be allocated to the program accounts in accordance with the priority listed below:

1. Federal Supplemental SLS Loan
2. Unsubsidized Federal Stafford Loan
3. Subsidized Federal Stafford Loan
4. Federal PLUS Loan
5. Federal PELL Grant
6. Federal Supplemental Educational Opportunity Grant (FSEOG)
7. Other SFA Programs
8. Other Federal, state, private or institutional sources of aid.
9. The student.

The following is the University's percentage allocation of the refund policy based upon Title IV regulations:

1. 100% prior to the first day of classes
2. 100% between first day of classes and end of 10% of enrollment period
3. 50% between "(2)" and end of 25% of enrollment period
4. 25% between "(3)" and end of 50% of enrollment period