Pillar College / Student Consumer Information / Return of Title IV Aid Policy
Return of Title IV Aid Policy
It is important that you consider very carefully the consequences of withdrawing from
your classes.
If you do withdraw from your classes, you may be required to return your Title IV Aid (including federal grants, loans, and work-study programs). Under the Higher Education Amendment regulation called Return of Title IV Funds, all students receiving Title IV federal grant or loan assistance who withdraw from the institution in the first 60% of the term are subject to the Return of Title IV Fund policy. This regulation affects the calculation of aid to be returned as well as repayment procedures. The percentage of aid earned by a Title IV student is determined by calculating the percentage of the period that the student completed.