Early Withdrawal – Return of Title IV

When students withdraw from school before completing the period of enrollment they have been paid for, they are subject to the Tooele Tech Financial Aid policy on Return of Title IV.

The Financial Aid Office will conduct a calculation to determine how much of the aid was earned. Any funds not earned must be returned to the U.S. Department of Education.

• Overpayment: If the student received more funds than they are entitled, they are considered overpaid. Those funds must be paid back to the U.S. Department of Education directly and students will lose their financial aid eligibility until those funds are repaid.

  
  

• Institutional Billing: If Tooele Tech must return unearned aid that was used to pay direct school costs accrued by the student, Tooele Tech will return those funds to the U.S. Department of Education and bill the student for any outstanding charges.