FEDERAL STUDENT AID RECALCULATION (R2T4) POLICY
Students may withdraw from one or all classes by using any of the following methods:
Go to "My services" - Register and Drop Classes
Call the Contact center - 531-622-2400
Contact your Academic Advisor
Students who receive Title IV financial aid are subject to federal return of funds calculations if the student completely withdraws from MCC or ceases attendance in all classes during the enrollment period.
The withdrawal date is considered to be the date the student initiates a withdrawal from the class. If the student does not officially withdraw, the withdrawal date is considered to be the last date of attendance provided by the faculty.
The return amount is determined using the Return of Title IV Funds process provided by the Department of Education. If you received less assistance than the amount that you earned, you may be able to receive those additional funds. If you received more assistance than you earned, the excess funds must be returned by the school and/or you. MCC will return any unearned Title IV funds it is responsible for returning as soon as possible but no later than 45 days from the date the school determined the student withdrew, and offer any post-withdrawal disbursement of loan funds within 30 days of the date the school determined the student withdrew.