The federal government has issued guidelines for those students
receiving federal funds (Title IV Aid). Financial aid is earned.
Withdrawing from courses, a program, or having a term with no passing
grades (Fs, Ws or a combination of both) may result in having to return
unearned aid. This means that any funds covering all or a portion of
course fees and books, including funds received via a refund check are
required to be returned. Any refund(s) remaining in the student's
account will be applied toward the balance of the repayment.
Repayment will result in a hold being placed on the student's
account. Registration for any additional courses at FVTC will be denied
until repayment is made in full. If repayment for a PELL Grant is not
made, notice of the outstanding repayment will be forwarded to the U.S. Department of Education
for collection. This could have a serious affect on the student's
credit rating. The student will be ineligible to receive future
financial aid at FVTC or any other school until repayment is made in
If the student registers for two consecutive nine-week courses and withdraws from the second course before it begins, the credit load
will be recalculated to determine if a return of funds is necessary.