The following financial aid policies apply to all students receiving federal financial aid from Five Branches University:
Satisfactory Academic Progress
Students who receive federal financial aid while attending Five Branches University will be subject to the Satisfactory Academic Progress Policy as well as the College Academic Progress Policy.
Return of Title IV Funds
If you receive federal financial aid and withdraw from Five Branches University after classes have begun, you will be subject to the Return of Title IV Funds Regulations and must notify the school according to school policy. The Return of Title IV Funds Regulations will be applied first, after which the school’s refund policy will be applied. Both the Federal Aid Satisfactory Academic Progress Policy and the Return of Title IV Funds Policy are described in the Student Handbook.
During registration, state law requires all students to sign a contract to protect their student rights and specify their enrollment and financial agreement with Five Branches University.
If a student obtains a loan to pay for an educational program, the student is responsible for repaying the full amount of the loan, plus interest, less the amount of any refund in the case of a student’s withdrawal. If a student obtains Federal Financial Aid and chooses to pay tuition and fees using financial aid monies, the student is entitled to a refund of any applicable charges that were previously paid out of pocket. For more detailed information on loan repayment please refer to: Frequently Asked Questions (FAQs)
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