Disbursement

All aid is disbursed equally between semesters. (Aid is generally not available during the summer.) Aid is credited to students’ accounts in the Business Office. Student loans are credited only after they are disbursed to the student’s account. Students who work on campus will receive paychecks every two weeks. (For more information, see the Trine University Student Handbook or trine.edu.)

Appeals

Appeals to financial aid decisions can be filed with the Director of Financial Aid, who will present them to the financial review committee. Appeals must be filed in a timely manner.

Refunds and Repayments

Students, who withdraw from the University or drop classes during the first 60 percent of a term, may be required to repay some or all of their financial aid. Refund and repayment amounts are calculated based upon a required federal formula to determine how much is to be refunded to the student or refunded back to various federal, state, and institutional programs. (See the Fees section for information about the Tuition Refund Schedule and Residence Refund Schedule.)

Return of Title IV federal regulations require the Office of Financial Aid to review the aid packages of students who officially withdraw or unofficially withdraw from Trine University if they receive any type of federal aid, including federal grants and loans.

Examples of these calculations can be seen in the Office of Financial Aid.