The calculated portion associated with semester finished becomes the portion of this Title IV help that the pupil has attained. The full total Title IV help disbursed into the pupil, or that may have now been disbursed into the pupil without the level of Title IV help acquired by the pupil yields the quantity of Title IV loan and give help that is unearned and that must certanly be came back: (688.22(e)).
Total Title IV Disbursable help – Title IV Aid Earned = Title IV Loan and give become came back