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Return of Title IV (Federal) Aid:
Federal regulations require Title IV aid to be refunded in the following order:
For grants, the law provides that you return 50 percent of any grant you receive requiring repayment. Any amount you do have to return is a grant overpayment, and you must arrange with UNF or the U.S. Department of Education to return the funds.
Please Note:1. You may also be required to repay other federal, state, institutional, or private student financial aid programs based on the terms and conditions associated with those programs.2. UNF is required to return to the applicable federal program account the unearned percentage of institutional charges (tuition, fees, on-campus housing). UNF may bill you for any funds returned on your behalf, including loan funds.3. UNF’s tuition refund policy is separate from the federal requirement to return unearned aid. Whether or not you receive a tuition/fee refund has no bearing on the amount you must repay under this formula.
For additional information, questions or concerns, please contact us.
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