For Military TA recipients: Upon withdrawal from a term, students utilizing military TA will have their funds returned to the US government according to the return policy for Title IV federal aid. To comply with the Department of Defense policy, the University will return any unearned TA funds on a proportional basis through at least the 60% portion of the period for which the funds were provided. TA funds are earned proportionally during an enrollment period, with unearned funds returned based upon when a student stops attending. Additional information can be found within the JHU Policy on Return of Title IV Funds.
Refund Schedule
- Prior to start of semester – end of week 2: 100% refund
- Week 3: 90% refund
- Week 4: 80% refund
- Week 5: 70% refund
- Week 6: 60% refund
- Week 7: 50% refund
- Week 8: 40% refund
- Week 9 (60% course completed): 30% refund
- Week 10 – end of semester: No refund
GUIDELINES: If a student leaves the institution prior to completing 60% of a payment period or term, the Financial Aid Office recalculates eligibility for Title IV funds. Recalculation is based on the percentage of earned aid using the following formula:
Percentage of payment period or term completed = the number of days completed up to the withdrawal date divided by the total days in the payment period or term. Funds are returned to the appropriate federal program based on the percentage of unearned aid using the following formula: Aid to be returned = (100% of the aid that could be disbursed minus the percentage of earned aid) multiplied by the total amount of aid that could have been disbursed during the payment period or term.
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