Return of Funds to Title IV


It is our hope at East Texas Baptist University that you will enjoy a full educational experience during your time with us.  However, we understand that there are circumstances that can prevent a student from completing a semester after classes begin.  In light of the possibility of an emergency pulling you from your intended studies, you need to be aware of the financial impact that ceasing to attend class or a complete withdrawal from the University can have.

Any federal aid recipient who stops attending classes or completely withdrawals from the University before 60% of the semester has passed will loose portions of their financial aid.  The federal law requiring this is called Return to Title IV Aid (R2T4). Any balance remaining on the student's account following the return of these funds becomes the responsibility of the student.

Students making a complete withdrawal will also see an impact on their Satisfactory Academic Progress which could adversely affect their eligibility for aid in future terms.

Please check with our office prior to making a complete withdrawal to see the impact of this decision both financially and academically. When possible it is always best to complete the term.

If a Return to Title IV Aid calculation is required, the amount of earned and unearned aid will be determined according to the federal formula.  The date the student withdrew determines the amount of repayment required.  The University will determine the student's official withdrawal date by using one of the following methods:

  • The date the student began the University's withdrawal process (the date that the student officially notified the Registrar's Office of his/her intent to withdraw);

OR

  • The student's last date of attendance at an academically related activity as documented by the University.

Again, East Texas Baptist University will return any unearned funds to the federal source and bill the student for the amount that was returned on the student's behalf.  ETBU funds could also be reduced when this occurs.

 

For ETBU's complete policy on Return of Title IV funds, see here.