Community College of Rhode Island

Go to 50th Anniversary website

Withdrawal from the College - Repayment of Title IV Funds

Repayment of Title IV Funds

The Federal Financial Aid Title IV Refund Policy requires colleges to calculate how much federal aid a student has earned if they withdraw or stop attending prior to completing more than 60% of the semester. Students may have to return a portion of the aid received, as well as owe the College a portion of the tuition and fees.

The policy allows a student to earn a portion of the Financial Aid awarded for each day of enrollment. In addition, the policy requires a student to repay the U.S Department of Education a portion of the unearned funds received depending on the withdrawal date. A student who remains enrolled beyond the 60% point earns all aid for the semester for which the aid was awarded.

Effective Spring 2012, if a student unofficially withdraws (stops attending) or a student’s academic transcript reflects unsuccessful completion of all courses in a term, the Community College of Rhode Island (CCRI) will calculate the student’s aid based on the latter date from one of the following: 50% completion date of the term or official documented last date of attendance, or an academic-related activity. Once the calculation is completed, if a student can provide official documentation of a later valid last date of attendance, or academic-related activity, CCRI may use that date to recalculate aid eligibility. Any grade changes that would reverse a calculation must be submitted to the financial aid office no later than August 31st of the current award year. It is the responsibility of the student to request a re-evaluation of their eligibility.

If you have any questions, please contact your campus Enrollment Services or Financial Aid Office.

Go to top of page

This page developed and maintained by Office of Enrollment Services. Send comments and suggestions to .


Last Updated: 1/31/14