Introduction
The University of Plymouth has a clear refund policy for students attending this institution. The following is an addendum for students who are in receipt of US Federal student aid funds which have been authorised under Title IV of the Higher Education Act (2008). If a student who is in receipt of Title IV financial aid withdraws from the University and is due a refund of fees (tuition and/or residence) paid for that period of enrolment, a determination must be made as to whether any of the refund money must be returned to the US Federal aid programme.
This determination will be made in accordance with the Return of Title IV Aid (R2T4) requirements of section 484B of the Higher Education Act of 1965, as amended (HEA) and §668.22 of the Student Assistance General Provisions regulations. The Return of Title IV Aid requirements were added to the HEA by the Higher Education Amendments of 1998 (Public Law 105-244, enacted October 7, 1998). These requirements prescribe how Title IV funds must be treated when a Title IV student aid recipient withdraws from an institution without completing the payment period or period of enrolment, as appropriate.
If it is determined that refund money must be returned to the aid programme, the distribution of funds will be as follows:
- Federal Stafford Unsubsidised
- Federal Stafford Subsidised
- Federal PLUS.