Regulations for Title IV Funds
If a student who has received Title IV funds (Stafford Student Loans, Perkins Loans, GradPlus Loans or College Work-Study) takes a leave of absence or withdraws from school, the University is required to recalculate eligibility for funds for that semester, and applicable federal regulations will govern calculation of the loan repayment deferral period. Examples of refund calculations may be found online at www.virginia.edu/financialaid.
