Frequently Asked Questions

Treatment of Title IV Student Financial Aid

What happens to my financial aid if I withdraw from my classes, or fail to earn at least one passing grade?

When federal Title IV grants or loan assistance is disbursed and the recipient does not complete the enrollment period, the law requires that UT Pan American calculate the amount that must be returned by the school and/or student to Title IV program accounts. This policy is called Return of Title IV Funds and is mandated by the U.S. Department of Education. This policy will not affect students that withdraw after completing over 60% of the semester.
 

The amount you will have to pay back is calculated as follows:

• Federal law requires that a percentage of the earned and unearned Title IV aid be refunded from recipients who withdraw completely from the University.

• Earned Title IV aid is the percentage of aid that is equal to the percentage of the enrolled period as of the day of withdrawal. To determine the earned aid, the school will divide the total number of days of completed enrollment for which aid is awarded by the number of calendar days in that enrollment period.

• Unearned aid is the amount of Title IV aid not earned by the student, calculated by multiplying the unearned percent by the total aid received, which will equal the total amount of aid to be returned to the Title IV programs.
 

Satisfactory Academic Progress Policy

Federal regulations state a student receiving financial assistance under Title IV programs must be maintaining satisfactory academic progress whether or not the student was receiving financial aid during the period of prior enrollment. The institution must certify that the student is maintaining satisfactory academic progress in his or her course of study. The student is responsible for understanding and adhering to the policy.