Caution! If you are a financial aid student and are thinking about dropping your classes or withdrawing from the college, please consult a Financial Aid Advisor prior to withdrawing from your courses.
If a student officially or unofficially withdraws from all courses on or before the Withdraw deadlines. Federal regulations mandate that you repay a portion or all of the aid paid to you, even if you have an approved petition for a 100 percent refund. The amount of aid to be returned is based on a formula provided by the U. S. Department of Education.
The Return of Title IV (R2T4) calculation is determined by the number of days that a student attended classes during the term. If a student attends less than 60% of the term, the student will need to repay a portion of their financial aid funds.
*Once a student has completed more than 60% of the term, the student will not incur repayment of financial aid funds; however, future financial aid could be affected due to not meeting Satisfactory Academic Progress.
Return to Title IV (R2T4) Policy
Miami Dade College tuition refund policy is separate from the federal requirement to return funds when a student withdraws. The amount returned is not dependent on if the student received a refund or the amount of the refund.
Federal regulations require Title IV aid to be refunded in the following order:
- Unsubsidized Federal Stafford Loan
- Subsidized Federal Stafford Loan
- Federal PLUS Loan
- Federal Pell Grant
- Federal Supplemental Education Opportunity Grant
- TEACH Grant
The student (or parents for a PLUS loan) must return any loans funds in accordance with the terms of their promissory note(s). That is, the student makes scheduled payments to the holder of the loan over a period of time.
Miami Dade College will repay any grant overpayment to the applicable federal program on the student's behalf and the student will be billed by Miami Dade College for any funds returned on their behalf.
Students will be notified once a R2T4 calculation is performed. If a student does not repay, the student is not allowed to register for a future term and is not eligible for further financial aid.
If you received funding from the Federal Direct Loan Program, you must complete a Student Loan Exit Counseling
Note the following important information regarding your student loans:
- Repayment begins six months after graduation, dropping below half-time or withdrawing. On-time repayment will help you establish a good credit rating. Stay in contact with your student loan servicer to stay on top of what you owe.
Return of Tuition Assistance (TA)
Military Tuition Assistance (TA) is awarded to a student under the assumption that the student will attend school for the entire period for which the assistance is awarded. When a student withdraws, the student may no longer be eligible for the full amount of TA funds originally awarded.
To comply with the new Department of Defense policy, Miami Dade College will return any unearned TA funds on a prorate basis through at least the 60% portion of the period for which the funds were provided. TA funds are earned proportionally during an enrollment period, with unearned funds returned based upon when a student stops attending. These funds are returned to the military Service branch.
Instances when a Service member stops attending due to a military service obligation, the educational institution will work with the affected Service member to identify solutions that will not result in student debt for the returned portion.
The students' last date of attendance is used to calculate percentage of earned TA . The TA funds are prorated based on the earned percentage. Students who earned 60% or more are considered to have earned 100%. Miami Dade College will recalculate eligibility based on the following formula:
Number of days completed = % of Earned Tuition Assistance / Total days of the course (start to end)
**Disclaimer: This formula is based on a 16-week schedule. Formula is prorated according to the session code.
|Numbers of days completed within the term||Percent of Earned Tuition Assistance through the date of completion within the term|