Filed under General University Policies

Financial Aid Refund

Title IV Federal Financial Aid is awarded assuming a student will attend school for the entire payment period for which the funds were intended. If a student withdraws prior to the end of the payment period, portions of the aid may need to be returned. This could leave the student owing a balance to the school.

ABTU is required to determine the earned and unearned portions of Title IV aid as of the date the student ceased attendance, based on the amount of time the student spent in attendance. Up through the 60% point in each payment period or period of enrollment, a prorated schedule is used to determine the amount of Title IV funds the student has earned at the time of withdrawal. After the 60% point in the payment period or period of enrollment, a student has earned 100% of the Title IV funds he or she was scheduled to receive during the period. For a student who withdraws after the 60% interval, there are no unearned funds.

Occasionally, a student’s withdrawal at a particular point during the payment period will result in a credit balance on the student account. If this occurs, the credit will be returned to the student in the form of a paper check or direct deposit within fourteen (14) days.  Students can authorize ABTU to apply these funds to future courses by emailing

Updated on 8/27/2019 by Ramsey Atieh

Revised on 7/3/2018: Added direct deposit option.

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