Office of Student Financial Aid

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FAFSA 2018
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An “official” withdrawal is obtained through the Registrar office and  requires authorization from various departments.

An “unofficial”  withdrawal occurs when a student receives an “F” for all classes  attempted for the term.

A “medical withdrawal is obtained through the  Registrar office and requires medical documentation.

Any student who  officially, unofficially, or medically withdraws from the University  within the first 60% of the semester will receive an adjustment to their  financial aid. This adjustment is based on a percentage which  represents the amount of time completed in the semester and is applied  to the total institutional charges assessed to the student as well as  Title IV financial aid applied to the student’s account.

The percentage  is determined by dividing the total number of calendar days in the  semester, not completed by the student, by the total calendar days in the  semester.  The total calendar days in the semester begins with the first  day of classes and ends with the last scheduled day of exams, includes  weekends, but excludes scheduled breaks of five or more days and days  that the student was on an approved leave of absence. No adjustment  will be made to a student’s financial aid if the percentage representing  the amount of time remaining in the semester is less than 40%.

The  Financial Aid Office will retract funds from the Student’s Cashier  account to return funds to the appropriate Title IV program in the  following order: Direct Unsubsidized Stafford Loan, Direct Subsidized  Stafford Loan, Federal Perkins Loan, Direct Graduate PLUS, and Direct  Parent PLUS. If unearned funds remain to be returned after repayment of  all outstanding loans, it must be subtracted from Federal Pell Grant,  Academic Competitiveness Grant, National Smart Grant, and Federal  Supplemental Opportunity Grant.

The University will assume the  responsibility for making the appropriate returns to the Title IV  programs on the student’s behalf as well as over payments received by the  University. It is the responsibility of the student to pay the  University these over payments within 90 days from the date of the  withdrawal.  Failure to repay the University will jeopardize eligibility  for future Title IV funding at East Carolina University as well as  other institutions of higher education. Students must also complete Exit Loan  Counseling. This is a federal requirement of all students who are graduating  from ECU; withdrawing; or has dropped below ½ time status.