If you are a recipient of Federal Title IV Financial Aid and you are thinking about withdrawing from ALL of your classes, you should contact your Campus Financial Aid Office to see how your withdrawal from school will affect your financial aid.

Students who withdraw from ALL classes prior to completing more than 60% of the term will have their eligibility for aid recalculated based on the percentage of the term completed.

For example, a student who withdraws after completing only 20% of the term will have “earned” only 20% of any Title IV aid received. The remaining 80% of Title IV funds received is considered as unearned aid and must be returned by Palm Beach State College and/or the student.

The Return to Title IV policy shall apply to all students who withdraw, dropout, fail all classes or are expelled from Palm Beach State College.

A student’s withdrawal date is determined based on the following:

• The date the student officially withdraws from class
• The student’s last date of attendance at a documented academically related activity

The Percentage of Title IV Aid Earned Shall Be Calculated As Follows:

Number of days completed divided by the total number of days in the session enrolled = % of aid earned

Using this formula, the percentage of the semester completed is considered as the percentage of aid earned. The amount of financial aid earned will be applied towards your tuition and fees.

The 50% calculation will be used for those students who have completed only 50% of the term or those who have no passing grades at the end of the term and cannot provide academic proof of being in class past the 60% point of the enrollment period.

Unearned Aid

The student is responsible for repaying the amount of aid returned by Palm Beach State College.

Unearned Title IV aid shall be returned to the following Programs in the following order:

• Direct Stafford Loan (Unsubsidized)
• Direct Stafford Loan (Subsidized)
• Direct PLUS (Parent) Loan
• Pell Grant
• National SMART Grant 
• FSEOG
• TEACH Grant 

Before withdrawing from class, all students are encouraged to stop by their Campus Financial Aid Office.