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What is Understanding Withdrawals and Title IV Funds about?

The document discusses the requirements for handling Federal Student Aid funds when a student withdraws from school prior to completing the payment period or period of enrollment. It provides an overview of the following key points: 1) If a Title IV aid recipient withdraws from school, the amount of federal student aid earned must be calculated according to a pro-rata schedule up to the 60% point of the payment period. 2) After the 60% point, the student is considered to have earned 100% of the federal s

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