{"id":16082,"date":"2026-02-25T15:16:36","date_gmt":"2026-02-25T15:16:36","guid":{"rendered":"https:\/\/dev.cpu.edu\/title-iv-refund-policy\/"},"modified":"2026-05-05T17:04:01","modified_gmt":"2026-05-05T17:04:01","slug":"title-iv-refund-policy","status":"publish","type":"page","link":"https:\/\/cpu.edu\/ko\/video-home\/tuition-fee\/financial-aid\/title-iv-refund-policy\/","title":{"rendered":"\uc5f0\ubc29 \uc81c4\ucc28 \ubc95\ub960\uae08 \ud658\ubd88 \uc815\ucc45 \ubc0f \uc804\ubb38\uc801 \ud310\ub2e8 \uc815\ucc45"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"16082\" class=\"elementor elementor-16082\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-974513d e-flex e-con-boxed rt-default-class e-con e-parent\" data-id=\"974513d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4473a0d rt-default-class elementor-widget elementor-widget-rtbreadrumb\" data-id=\"4473a0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"rtbreadrumb.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t    <div class=\"reactheme-breadcrumb\">\n        <div class=\"breadcrumb-inner container\">\n            <h1 class=\"page-title\"><\/h1>\n            <div class=\"breadcrumb-path\">\n                <a href=\"https:\/\/cpu.edu\/ko\/\">\ud648<\/a>            <\/div>\n        <\/div>\n    <\/div>\n    \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3e6c9dc e-flex e-con-boxed rt-default-class e-con e-parent\" data-id=\"3e6c9dc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ebe255b rt-default-class elementor-widget elementor-widget-heading\" data-id=\"ebe255b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Federal Title IV Refund Policy &amp;Professional Judgement Policy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9e5c8e rt-default-class elementor-widget elementor-widget-text-editor\" data-id=\"b9e5c8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<section class=\"policy-section\">\n  <style>\n    .policy-section {\n      max-width: 1100px;\n      margin: 0 auto;\n      padding: 50px 20px;\n      font-family: Georgia, \"Times New Roman\", serif;\n      color: #243042;\n      line-height: 1.75;\n    }\n\n    .policy-hero {\n      background: linear-gradient(135deg, #173b63, #2f6f9f);\n      color: #fff;\n      padding: 42px 34px;\n      border-radius: 24px;\n      text-align: center;\n      margin-bottom: 32px;\n      box-shadow: 0 14px 35px rgba(0,0,0,0.16);\n    }\n\n    .policy-hero h1 {\n      margin: 0;\n      font-size: 34px;\n      letter-spacing: 0.5px;\n    }\n\n    .policy-card {\n      background: #ffffff;\n      border: 1px solid #e2e8f0;\n      border-radius: 20px;\n      padding: 30px;\n      margin-bottom: 24px;\n      box-shadow: 0 8px 24px rgba(15, 23, 42, 0.08);\n    }\n\n    .policy-card h2 {\n      margin-top: 0;\n      color: #173b63;\n      font-size: 25px;\n      border-bottom: 2px solid #d9e7f3;\n      padding-bottom: 10px;\n    }\n\n    .policy-card h3 {\n      color: #2f6f9f;\n      margin-top: 26px;\n      font-size: 20px;\n    }\n\n    .highlight-box {\n      background: #f1f7fb;\n      border-left: 6px solid #2f6f9f;\n      padding: 18px 20px;\n      border-radius: 14px;\n      margin: 20px 0;\n    }\n\n    .warning-box {\n      background: #fff7ed;\n      border: 1px solid #fed7aa;\n      border-left: 6px solid #f97316;\n      padding: 20px;\n      border-radius: 14px;\n      margin: 20px 0;\n    }\n\n    .policy-list {\n      padding-left: 22px;\n    }\n\n    .policy-list li {\n      margin-bottom: 10px;\n    }\n\n    .contact-box {\n      background: #173b63;\n      color: #fff;\n      border-radius: 18px;\n      padding: 24px;\n      margin-top: 24px;\n    }\n\n    .contact-box a {\n      color: #ffffff;\n      font-weight: bold;\n      text-decoration: underline;\n    }\n\n    .address {\n      background: #f8fafc;\n      border-radius: 14px;\n      padding: 18px;\n      margin-top: 12px;\n    }\n\n    @media (max-width: 768px) {\n      .policy-hero h1 {\n        font-size: 26px;\n      }\n\n      .policy-card {\n        padding: 22px;\n      }\n    }\n  <\/style>\n\n  <div class=\"policy-hero\">\n    <h1>Federal Title IV Refund Policy<\/h1>\n  <\/div>\n\n  <div class=\"policy-card\">\n    <h2>Federal Title IV Refund Policy<\/h2>\n\n    <p>\n      When a student who receives Federal Student Aid funds withdraws from the CPU prior to completing 60% of a payment period\n      (Fall and Spring Semesters), the student \u2013 after the return calculation \u2013 may be required to return a portion of the\n      received Aid within 45 days of the student withdrawing.\n    <\/p>\n\n    <p>\n      A return is only required of those students who withdraw from the school\/who cease to be enrolled. A student who reduced\n      his\/her course load is considered a reduction and not a withdrawal. A return calculation is not required for such students.\n    <\/p>\n\n    <p>\n      The required calculation determines a student\u2019s earned and unearned Title IV aid based on the percentage of the enrollment\n      period completed by the student. The percentage of the period that the student remained enrolled is derived by dividing\n      the number of days the student attended by the number of days in the enrollment period.\n    <\/p>\n\n    <div class=\"highlight-box\">\n      If the withdrawal date is after the 60% point in the payment period or period of enrollment, a student is considered to\n      have earned 100% of the Title IV funds he or she was scheduled to receive during the period.\n    <\/div>\n\n    <p>\n      For such a student there are no unearned funds. CPU will still complete a return calculation in order to determine whether\n      the student is eligible for a post-withdrawal disbursement.\n    <\/p>\n\n    <p>\n      CPU must determine the student\u2019s withdrawal date. The withdrawal date is defined as: The date the student began the\n      withdrawal process or officially notified CPU of his\/her intent to withdraw; or The last date of attendance at an\n      academically-related activity by a student who does not notify CPU.\n    <\/p>\n\n    <p>\n      Based on the date of the withdrawal, the Financial Aid Office will determine the actual date of the student\u2019s withdrawal\n      and, using the Return of Title IV form provided by the Department of Education, they will calculate the amount, if any,\n      the student must return. The student will then be notified by mail of the amount the Federal Student Financial Aid stated\n      that they must return.\n    <\/p>\n\n    <p>\n      In some cases, both the school and the student may be required to return unused or unearned portions of Federal Aid to\n      the Federal Title IV program.\n    <\/p>\n  <\/div>\n\n  <div class=\"policy-card\">\n    <h2>Withdrawal, Refund, &amp; Repayment<\/h2>\n\n    <p>\n      Withdrawing or dropping courses can impact your financial aid eligibility.\n    <\/p>\n\n    <h3>AID DISBURSED &amp; THEN DROP A CLASS<\/h3>\n    <p>\n      If you drop a class on or before census date (the 20th day of instruction) and your enrollment status changes as a result,\n      you may be required to repay part or all of the funds received. For example, if you receive a full-time Federal Pell Grant\n      payment (100% of the awarded amount) and you drop to 9 units by the start of the fifth week of the semester, your enrollment\n      status changes from full-time to three-quarter time and you may have to repay 25% of the paid amount.\n    <\/p>\n\n    <p>\n      Your enrollment status is \u201cfrozen\u201d on census date and you are expected to earn credit for all classes in which you were\n      enrolled. Therefore, if you drop a class after that date, you may jeopardize your future financial aid for failure to meet\n      satisfactory academic progress requirements. However, your enrollment status is not adjusted and you are not required to\n      repay funds received.\n    <\/p>\n\n    <h3>AID DISBURSED PART-TIME &amp; LATER INCREASED ENROLLED UNITS<\/h3>\n    <p>\n      It is possible to receive several disbursements at the beginning of the semester if your enrollment status changes.\n      For example, if you are enrolled in 6 units when initial payment is made, you may receive only 50% of your Federal Pell\n      Grant award.\n    <\/p>\n\n    <h3>COMPLETE WITHDRAWAL<\/h3>\n    <p>\n      If you completely withdrawal from the university or cease attending classes on or before the 60% point in the semester\n      and you received financial aid for the semester, we will determine how much of the financial aid you \u201cearned\u201d based on\n      the number of days you attended classes. You may be required to return part\/all of the unearned portion.\n    <\/p>\n\n    <p>\n      Student Financial Services will perform a calculation to determine if part of your fees must be refunded. If a refund is\n      made, it will first be applied toward your \u201cunearned\u201d financial aid.\n    <\/p>\n  <\/div>\n\n  <div class=\"policy-card\">\n    <h2>Overpayments and Over-awards<\/h2>\n\n    <p>\n      There are times when a student\u2019s award package exceeds the student\u2019s need. There may be circumstances that change a\n      student\u2019s award package after the aid has been awarded that result in an overpayment.\n    <\/p>\n\n    <p>\n      For example, a student may receive a scholarship or grant from an outside source or organization, or the student may want\n      to extend his or her work-study employment. In case of overpayments or over-awards the CPU financial aid office will need\n      to make adjustments to the other Federal Student Financial Aid in the package.\n    <\/p>\n\n    <p>\n      Pell Grants are never adjusted to take into account other forms of aid. Therefore, the adjustments will be made to the\n      Stafford Loans and\/or Campus-Based programs.\n    <\/p>\n\n    <div class=\"warning-box\">\n      Students who owe funds due to overpayment or over-award will be required to make payment of those funds within 30 days\n      of receiving a written notice from the Financial Aid office.\n    <\/div>\n\n    <p>\n      Student can send in the overpayment or over-award to the CPU and the payment will be forwarded to the U.S. Department of\n      Education. If a student is unable to pay their overpayment in full, they can set up a repayment plan with the U.S.\n      Department of Education. Before doing this, they must contact the CPU Financial Aid Office. They will need to make sure\n      we have referred their situation to the U.S. Department of Education before any repayment plan can be set up.\n    <\/p>\n\n    <p>\n      If the student whose overpayment case has been accepted by the Department of Education wishes to establish a repayment\n      schedule, the student should contact Borrower Services by calling 1-800-621-3115 or write to:\n    <\/p>\n\n    <div class=\"address\">\n      U.S. Department of Education<br>\n      Borrower Services \u2013 Default Resolution<br>\n      P.O. Box 5609<br>\n      Greenville, Texas 75403\n    <\/div>\n\n    <p>\n      For examples of the Return of Title IV Funds calculations or questions regarding the overpayment policy, please contact\n      the Financial Aid Office.\n    <\/p>\n\n    <div class=\"contact-box\">\n      <strong>Financial Aid Director:<\/strong><br>\n      Sunny Kim<br>\n      <a href=\"mailto:fsa@cpu.edu\">fsa@cpu.edu<\/a><br>\n      Tel: 562-926-1023 ext.302\n    <\/div>\n  <\/div>\n\n  <div class=\"policy-card\">\n    <h2>Transcript Release Policy for Title IV Students<\/h2>\n\n    <p>\n      CPU provides an official transcript to all students who have met their financial obligations (Exception for Title IV\n      students who will be given an official transcript regardless of meeting of their financial obligations)\n    <\/p>\n  <\/div>\n\n  <div class=\"policy-card\">\n    <h2>Professional Judgement Policy &amp; Procedures<\/h2>\n\n    <p>\n      The Free Application for Federal Student Aid (FAFSA) does not provide families with a place to explain special circumstances\n      affecting their ability to pay for the student\u2019s education. To remedy this, Congress, through The Higher Education Act\n      (HEA) of 1992, delegated to school\u2019s financial aid administrators to make professional judgment decisions when there are\n      special or unusual family or student circumstances that may call for adjustments in determining a student\u2019s eligibility\n      for financial aid.\n    <\/p>\n\n    <p>\n      Circumstances requiring professional judgment will be analyzed on a case-by-case basis and will be documented.\n      Professional judgment refers to the authority of a school\u2019s financial aid administrator to adjust the data elements on\n      the FAFSA.\n    <\/p>\n\n    <p>\n      The Director for Financial Aid may exercise professional judgment and change elements in the federal need analysis to\n      account for circumstances that he\/she feels have not been adequately considered in the original FAFSA. The Director for\n      Financial Aid has the final authority in making professional judgment decisions. There is no appeal.\n    <\/p>\n\n    <p>\n      By law, neither the school\u2019s president nor the U.S. Department of Education can override the financial aid administrator\u2019s\n      decision. (Higher Education Act of 1965, Sections 479A and 480(d) (7). The FAFSA Simplification ACT distinguishes between\n      different categories of professional judgement by amending section 479A of the HEA.\n    <\/p>\n\n    <h3>Special Circumstances<\/h3>\n    <h3>Unusual Circumstances<\/h3>\n\n    <p>\n      A student may have both a special circumstance and an unusual circumstance. Financial aid administrators (FAAs) may make\n      adjustments that are appropriate to each student\u2019s situation with appropriate documentation.\n    <\/p>\n\n    <h3>Circumstances that may warrant a professional judgment decision include, but are not limited to the following:<\/h3>\n    <ul class=\"policy-list\">\n      <li>Parent\u2019s death or divorce for dependent students; death of or divorce from spouse of independent students.<\/li>\n      <li>Significant loss of income\/loss of employment<\/li>\n      <li>Loss of untaxed income\/benefits (e.g. disability, child support, or other benefits)<\/li>\n      <li>Excessive medical expenses (not covered by insurance)<\/li>\n      <li>One-time taxable income used for life changing event (e.g. IRA, pension distribution)<\/li>\n      <li>Other special circumstances not listed<\/li>\n    <\/ul>\n\n    <h3>Circumstances that are NOT considered extenuating include, but are not limited to:<\/h3>\n    <ul class=\"policy-list\">\n      <li>Standard living expenses (e.g. utilities, credit card payments, children\u2019s allowances, etc.)<\/li>\n      <li>Mortgage payments<\/li>\n      <li>Car payments<\/li>\n      <li>Credit card or other personal debts<\/li>\n      <li>Vacation expenses<\/li>\n      <li>All other discretionary expenses<\/li>\n    <\/ul>\n\n    <h3>Requesting a Professional Judgment Review:<\/h3>\n    <p>\n      Student should submit the signed Professional Judgement form, along with all supporting documents establishing the special\n      circumstances for which an adjustment is sought, to Financial Aid. After receiving a professional judgment request, the\n      Financial Aid Office will first examine the request to determine whether the requested adjustment, if granted, will impact\n      a student\u2019s financial aid package before going through the formal professional judgment decision process.\n    <\/p>\n  <\/div>\n<\/section>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4f1fd2f9 e-flex e-con-boxed rt-default-class e-con e-parent\" data-id=\"4f1fd2f9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b1f6a3d rt-default-class elementor-widget elementor-widget-text-editor\" data-id=\"b1f6a3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"contact-section\">\n\n  <h3 class=\"contact-title\">Contact<\/h3>\n\n  <div class=\"staff-card\">\n    <h4>Sunny Kim<\/h4>\n    <p class=\"role\">Director of Financial Aid<\/p>\n\n    <div class=\"info\">\n      <p><span>Email<\/span> <a href=\"mailto:fsa@cpu.edu\">fsa@cpu.edu<\/a><\/p>\n      <p><span>Phone<\/span> 562-926-1023 (EXT 302)<\/p>\n    <\/div>\n  <\/div>\n\n<\/div>\n\n<style>\n.contact-section {\n  max-width: 500px;\n  font-family: Arial, sans-serif;\n}\n\n.contact-title {\n  font-size: 26px;\n  color: #1f4e79;\n  margin-bottom: 18px;\n  border-bottom: 2px solid #1f4e79;\n  padding-bottom: 5px;\n}\n\n.staff-card {\n  padding: 24px;\n  border-radius: 16px;\n  background: #ffffff;\n  box-shadow: 0 8px 25px rgba(0,0,0,0.08);\n  border-left: 5px solid #1f4e79;\n}\n\n.staff-card h4 {\n  font-size: 22px;\n  margin-bottom: 5px;\n  color: #1f4e79;\n}\n\n.role {\n  font-size: 15px;\n  color: #666;\n  margin-bottom: 15px;\n}\n\n.info p {\n  margin: 6px 0;\n  font-size: 15px;\n  color: #333;\n}\n\n.info span {\n  display: inline-block;\n  width: 70px;\n  font-weight: bold;\n  color: #555;\n}\n\n.info a {\n  color: #1f4e79;\n  text-decoration: none;\n}\n\n.info a:hover {\n  text-decoration: underline;\n}\n<\/style>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Home Federal Title IV Refund Policy &amp;Professional Judgement Policy Federal Title IV Refund Policy Federal Title IV Refund Policy When a student who receives Federal Student Aid funds withdraws from&#8230;<\/p>","protected":false},"author":1,"featured_media":0,"parent":16076,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_members_access_role":[],"_members_access_error":""},"class_list":["post-16082","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/pages\/16082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/comments?post=16082"}],"version-history":[{"count":6,"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/pages\/16082\/revisions"}],"predecessor-version":[{"id":16923,"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/pages\/16082\/revisions\/16923"}],"up":[{"embeddable":true,"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/pages\/16076"}],"wp:attachment":[{"href":"https:\/\/cpu.edu\/ko\/wp-json\/wp\/v2\/media?parent=16082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}