Sometimes things happen that can prevent a student from completing a semester after classes begin. It is our hope at East Texas Baptist University that you will be able to enjoy a full educational growth experience during the school year. But in light of the possibility of an emergency pulling you from your intended studies, you need to be aware of the financial impact a complete withdrawal from the University or ceasing to attend class can cause.
Any federal aid recipient who makes a complete withdrawal or stops attending may be required to pay several hundred dollars back immediately if they drop out of school or stop attending before 60% of the semester has passed. The federal law requiring this is called the Return to Title IV Aid (R2T4).
Please check with our office prior to making a complete withdrawal to see the impact it will have. You also need to remember that any withdrawal impacts your Satisfactory Academic Progress, which could adversely affect your aid eligibility, so completing the term is always best when possible.
If a Return to Title IV Aid calculation is required, the amount of earned and unearned aid will be determined according to the federal formula. The date the student withdrew determines the amount of repayment required. The University will determine the student's official withdrawal date by using one of the following methods:
* The date the student began the University's withdrawal process (the date that the student officially notified the Registrar's Office of his/her intent to withdraw); OR
* The student's last date of attendance at an academically related activity as documented by the University.
Important Note: East Texas Baptist University will return any unearned funds to the federal source and bill the student for the amount that was returned on the student's behalf. ETBU funds could also be reduced when this occurs.