{"id":121,"date":"2017-03-06T15:05:04","date_gmt":"2017-03-06T15:05:04","guid":{"rendered":"https:\/\/widowprod.rccc.edu\/financialaid\/?page_id=121"},"modified":"2025-07-23T09:43:19","modified_gmt":"2025-07-23T13:43:19","slug":"repayment-of-title-iv-funds","status":"publish","type":"page","link":"https:\/\/www.rccc.edu\/financialaid\/repayment-of-title-iv-funds\/","title":{"rendered":"Repayment of Title IV Funds"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_fullwidth_slider show_arrows=&#8221;off&#8221; show_pagination=&#8221;off&#8221; admin_label=&#8221;Fullwidth Slider&#8221; _builder_version=&#8221;4.27.4&#8243; header_level=&#8221;h1&#8243; header_font_size=&#8221;46px&#8221; body_font=&#8221;|600|||||||&#8221; body_font_size=&#8221;18px&#8221; custom_padding=&#8221;|||&#8221; box_shadow_style=&#8221;preset6&#8243; box_shadow_blur=&#8221;10px&#8221; box_shadow_color=&#8221;rgba(0,0,0,0.1)&#8221; show_inner_shadow=&#8221;on&#8221; global_module=&#8221;2557&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;on&#8221; 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button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; 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_builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_toggle title=&#8221;Financial Aid&#8221; open=&#8221;on&#8221; open_toggle_text_color=&#8221;#ffffff&#8221; open_toggle_background_color=&#8221;#002f6d&#8221; closed_toggle_text_color=&#8221;#ffffff&#8221; closed_toggle_background_color=&#8221;#002f6d&#8221; icon_color=&#8221;#ffffff&#8221; open_icon_color=&#8221;#ffffff&#8221; admin_label=&#8221;Financial Aid&#8221; _builder_version=&#8221;4.27.4&#8243; title_text_color=&#8221;#ffffff&#8221; title_font=&#8221;|on|||&#8221; title_font_size=&#8221;14&#8243; body_text_color=&#8221;#ffffff&#8221; body_font_size=&#8221;13&#8243; body_line_height=&#8221;1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; border_style=&#8221;solid&#8221; global_module=&#8221;2604&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"\/financialaid\/about-financial-aid\/\">About Financial Aid<\/a><\/p>\n<p><a href=\"\/financialaid\/financial-aid-directory\/\">Financial Aid Directory<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/important-dates\/\">Important Dates<\/a><\/p>\n<p><a href=\"\/financialaid\/financial-aid-forms\/\">Forms<\/a><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Financial Aid Essentials&#8221; open_toggle_text_color=&#8221;#ffffff&#8221; open_toggle_background_color=&#8221;#002f6d&#8221; closed_toggle_text_color=&#8221;#ffffff&#8221; closed_toggle_background_color=&#8221;#002f6d&#8221; icon_color=&#8221;#ffffff&#8221; open_icon_color=&#8221;#ffffff&#8221; admin_label=&#8221;FA Essentials&#8221; _builder_version=&#8221;4.27.4&#8243; title_text_color=&#8221;#ffffff&#8221; title_font=&#8221;|on|||&#8221; title_font_size=&#8221;14&#8243; body_text_color=&#8221;#ffffff&#8221; body_font_size=&#8221;13&#8243; body_line_height=&#8221;1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; use_border_color=&#8221;off&#8221; global_module=&#8221;2047&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"\/financialaid\/financial-aid-facts\/\">Financial Aid Facts<\/a><\/p>\n<p><a href=\"\/financialaid\/types-of-financial-aid\/\">Types of Financial Aid<\/a><\/p>\n<p><a href=\"\/financialaid\/terms-conditions-of-receiving-financial-aid\/\">Terms &amp; Conditions of Receiving Financial Aid<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/recordsregistration\/tuition-and-fees\/\">Tuition &amp; Fees<\/a><\/p>\n<p><a href=\"\/financialaid\/net-price-calculator\/\">Net Price Calculator<\/a><\/p>\n<p>Frequently Asked Questions<\/p>\n<ul>\n<li><a href=\"\/financialaid\/financial-aid-faqs\/\">Financial Aid<\/a><\/li>\n<li><a href=\"\/financialaid\/bankmobile-faqs\/\">BankMobile<\/a><\/li>\n<li><a href=\"\/financialaid\/after-receiving-financial-aid-faqs\/\">After Receiving Financial Aid<\/a><\/li>\n<\/ul>\n<p><a href=\"\/financialaid\/online-financial-aid-resources\/\">Online Financial Aid Resources<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/student-loan-repayment-resources\/\">Student Loan Repayment Resources<\/a><\/p>\n<p><a href=\"\/president\/consumer-information\/\">Consumer Information<\/a><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Veterans Affairs&#8221; open=&#8221;on&#8221; open_toggle_text_color=&#8221;#ffffff&#8221; open_toggle_background_color=&#8221;#002f6d&#8221; closed_toggle_text_color=&#8221;#ffffff&#8221; closed_toggle_background_color=&#8221;#002f6d&#8221; icon_color=&#8221;#ffffff&#8221; open_icon_color=&#8221;#ffffff&#8221; admin_label=&#8221;Veterans Affairs&#8221; _builder_version=&#8221;4.27.4&#8243; title_text_color=&#8221;#ffffff&#8221; title_font=&#8221;|on|||&#8221; title_font_size=&#8221;14&#8243; body_text_color=&#8221;#ffffff&#8221; body_font_size=&#8221;13&#8243; body_line_height=&#8221;1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_module=&#8221;2565&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-application-procedures\/\">Application Procedures for VA Benefits<\/a><\/p>\n<p><a href=\"\/financialaid\/veteran-education-benefits-eligibility\/\">Veteran Education Benefits &amp; Eligibility<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-important-information\/\">Important Information<\/a><\/p>\n<p><a href=\"\/financialaid\/va-benefits-frequently-asked-questions\/\">VA Benefits Frequently Asked Questions<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/veterans-resources\/\">Veterans Resources<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-principles-of-excellence\/\">Principles of Excellence<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/va-cost-of-attendance\/\">Cost of Attendance<\/a><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Additional information&#8221; open=&#8221;on&#8221; open_toggle_text_color=&#8221;#ffffff&#8221; open_toggle_background_color=&#8221;#002f6d&#8221; closed_toggle_text_color=&#8221;#ffffff&#8221; closed_toggle_background_color=&#8221;#002f6d&#8221; icon_color=&#8221;#ffffff&#8221; open_icon_color=&#8221;#ffffff&#8221; disabled_on=&#8221;on|on|off&#8221; admin_label=&#8221;Additional information&#8221; _builder_version=&#8221;4.27.4&#8243; title_text_color=&#8221;#ffffff&#8221; title_font=&#8221;|on|||&#8221; title_font_size=&#8221;14&#8243; body_text_color=&#8221;#ffffff&#8221; body_font_size=&#8221;13&#8243; body_line_height=&#8221;1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; disabled=&#8221;on&#8221; global_module=&#8221;2641&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/satisfactory-academic-progress\/\">Satisfactory Academic Progress Standards<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/secu-foundation-people-helping-people-scholarship\/\">SECU Foundation &#8220;People Helping People&#8221; Scholarship<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/private-loans\/\">Private Loans<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/qualifying-for-financial-aid\/\">Qualifying for Financial Aid<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/financial-aid-warnings-probation\/\">Financial Aid Warnings Probation<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/financial-aid-appeal-procedure\/\">Financial Aid Appeal Procedure<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/repayment-of-title-iv-funds\/\">Repayment of Title IV Funds<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/nextnc\/\">Next NC Scholarship<\/a><\/p>\n<p><a href=\"https:\/\/www.rccc.edu\/financialaid\/work-study-positions\/\">Work Study Positions<\/a><\/p>\n<p>[\/et_pb_toggle][et_pb_button button_url=&#8221;https:\/\/www.rccc.edu\/financialaid\/how-to-apply-for-financial-aid\/&#8221; button_text=&#8221;How to Apply for Financial Aid&#8221; button_alignment=&#8221;center&#8221; admin_label=&#8221;How to Apply&#8221; _builder_version=&#8221;4.27.4&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;15px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#002f6d&#8221; button_border_color=&#8221;#002f6d&#8221; button_use_icon=&#8221;off&#8221; button_text_color_hover=&#8221;#f6a800&#8243; button_border_color_hover=&#8221;#002f6d&#8221; button_bg_color_hover=&#8221;#002f6d&#8221; global_module=&#8221;2602&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;on|hover&#8221; button_text_color__hover=&#8221;#f6a800&#8243; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;on&#8221; button_border_color__hover=&#8221;#002f6d&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;on&#8221; button_bg_color__hover=&#8221;#002f6d&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.27.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; module_alignment=&#8221;left&#8221; hover_enabled=&#8221;0&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Title IV financial aid recipients who officially withdraw from all classes during the first 60 percent of the academic term will be subject to repayment terms as outlined by the Department of Education. If disbursement has already been made to the student, it is the student\u2019s responsibility to repay all funds due to Rowan-Cabarrus Community College and\/or the Department of Education. Federal regulations require a formula be used based on number of calendar days in the term and the number of days attended by the student before withdrawal to determine how much financial aid was \u201cearned\u201d by the student. The difference between aid disbursed and aid earned will be used to calculate how much the student must repay.<\/p>\n<p>If the student unofficially withdraws (stops attending) or student\u2019s academic transcript reflects unsuccessful completion of all courses, Rowan-Cabarrus Community College may have student aid calculated on 50 percent completion of the term. Documentation of an academic-related activity, including notification from the faculty, may be used to recalculate aid eligibility based on the last date of attendance.\u00a0 This policy applies to all students receiving financial aid and who discontinue enrollment from Pell Grant eligible classes and\/or fail all Pell Grant eligible classes or expelled from Rowan-Cabarrus Community College.<\/p>\n<p style=\"font-weight: 400;\"><strong>Students who are considering withdrawing from classes should contact the <a href=\"mailto:fin.aid@rccc.edu\">Financial Aid Office<\/a> to see how discontinuing enrollment or withdrawal will affect their current award and future financial aid eligibility.<\/strong><\/p>\n<p><a href=\"mailto: fin.aid@rccc.edu\">Contact the Financial Aid Office<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About Financial Aid Financial Aid Directory Important Dates Forms Financial Aid Facts Types of Financial Aid Terms &amp; Conditions of Receiving Financial Aid Tuition &amp; Fees Net Price Calculator Frequently [&hellip;]<\/p>\n","protected":false},"author":118,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-121","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages\/121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/users\/118"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/comments?post=121"}],"version-history":[{"count":22,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages\/121\/revisions"}],"predecessor-version":[{"id":3011,"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/pages\/121\/revisions\/3011"}],"wp:attachment":[{"href":"https:\/\/www.rccc.edu\/financialaid\/wp-json\/wp\/v2\/media?parent=121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}