Additional Information

Return of Title IV Federal Student Aid Policy

If a student completely withdraws from school during the semester, a portion of the total amount of Federal Title IV aid disbursed to him/her must be returned to the financial aid programs. The portion that must be returned is based on the percentage of time the student remains enrolled in school.

For Example: A student who remains enrolled for 10% of a semester will be eligible to keep 10% of the total Title IV aid disbursed to him/her. The balance (or 90%) must be returned to the Title IV program(s). Similarly, a student who remains enrolled for 60% of a semester will be eligible to keep 60% of the total Title IV aid disbursed to him/her. The balance (or 40%) must be returned to the Title IV program(s).

In addition, any student who begins attendance and does not officially withdraw, must complete at least one class with a passing grade (A, B, C, or D), or a repayment must be processed based on the mid-point of the semester.

NOTE: No Title IV aid funds are required to be returned if the student remains enrolled for more than 60% of the semester before completely withdrawing.

Title IV Aid & Order of Return

1. Unsubsidized Stafford Loan
2. Subsidized Stafford Loan
3. Pell Grant
4. Federal Supplemental Educational Opportunity Grant (SEOG)
5. Talent Incentive Program (TIP)
6. Funds are not returned to the Federal Work-Study Program

Date of Withdrawal

The date a student provides official notification to Northeast Wisconsin Technical College's Enrollment Services (Student Center, SC240) of his/her intent to completely withdraw from school. If a student unofficially withdraws from school, the Financial Aid Director will use the midpoint of the semester to establish the student's date of withdrawal.

Repayment

At the time a student withdraws, the Bursar's Office will automatically use all or a portion of the student's institutional refund as payment toward the amount that must be returned to the Title IV programs. The student may also be required to repay a portion of the aid funds that were disbursed to him/her after the student's charges had been paid. The student will be notified/billed for any grant funds that must be repaid immediately.

Failure to resolve the repayment within 45 days will result in your account being sent to the U.S. Department of Education for Collection and a HOLD being placed on all future financial aid eligibility. He/she will not be allowed to obtain grades and/or an academic transcript. Student loan funds are to be repaid in accordance with the terms of the loan.

Post-Withdrawal Disbursement

The Financial Aid Director will determine if a student is eligible to receive Title IV funds that were awarded but not yet disbursed to the student at the time of his/her withdrawal from school. If the student is eligible for a post-withdrawal disbursement, we will first apply these funds to the student's outstanding college charges (if any). Any remaining amount of the post-withdrawal disbursement will be released to the student.

Class Refunds

If a student owes a grant repayment or has an outstanding student loan, any class refund due to the student may be claimed by the Financial Aid Office and returned to the lender or the proper financial aid account.

Drug-Related Convictions and Student Ineligibility

Federal regulations state that students who have been convicted under federal or state law for possession or sale of a controlled substance will be suspended from Title IV eligibility.

If a student is convicted of an offense involving the possession of an illegal substance, the ineligibility period is:

• First offense = 1 year
• Second offense = 2 years
• Third offense = Indefinite

If a student is convicted of an offense involving the sale of an illegal substance, the ineligibility period is:

• First offense = 2 years
• Second offense = Indefinite

A student may regain eligibility by successfully completing a drug rehabilitation program that complies with criteria established by the Department of Education. Please see the Enrollment Services for more details.

Tax Requirements

The Tax Reform Act of 1986 included an amendment to Section 117 of the IRS that subjects scholarships and fellowships to taxation. The law notes that the only amount that can be excluded from gross income is the amount of scholarship or fellowship grant received by the student for tuition and fees, books, supplies, and equipment (course-related expenses). Other expenses not actually required for enrollment at the school or in a course, such as room and board or non-required equipment and supplies, may not be excluded.

We recommend that each student receiving a grant or scholarship, save and retain financial aid award letter, amended award letters, registration forms, and receipts for tuition, fees, books, supplies, and required equipment.

If you have specific question, please contact a tax professional.

Hope Scholarship

The Hope Scholarship is a tax credit, not a scholarship. See this link for important information.

Contact Financial Aid at 920-498-5444
or email for specific questions.