Financial aid recipients, who change their enrollment status during the institutional refund period or who drop all of their courses any time during the semester are required to notify the Office of Financial Aid. Students who are recipients of Title IV federal student aid are covered by federal Return of Title IV Funds (R2T4) regulations.
Financial aid is awarded to a student under the assumption that the student will attend for the entire period for which the assistance is provided and thereby “earn” the award. When a student ceases academic attendance prior to the end of that period, the student may no longer be eligible for the full amount of federal, state or institutional funds that the student was originally scheduled to receive.
If a Title IV recipient withdraws from all classes on or before the session is 60 percent complete, based on their withdrawal date, federal policy requires that any “unearned” Title IV federal student aid be returned to the U.S. Treasury, even if the student is not entitled to a refund of tuition.
Institutional Funds are considered to be earned after the first 30-days of instruction. Students who withdraw on or before the 30th day of instruction and receive a tuition refund, will have their institutional aid recalculated based upon their lower tuition expense.
For more information, please review the Scripps College Catalog section on Withdrawal Implications for Financial Aid and Scholarship Recipients.