5. Student Affairs
Special Services for Financial Aid Recipients
For aid recipients who show a high degree of financial need, services are available in the following areas: (1) orientation fee waivers, and (2) tutorial assistance programs. Information is available from the Office of Student Financial Services.
Other Services Not Based on Financial Need
Short-term loans are available to students for emergency expenses related to educational costs. In addition, the office helps students find part-time, temporary, or full-time employment. Employment is usually off-campus, and there is no charge to the student or the employer. Information about these services is available at the Office of Student Financial Services.
Requirements for Student Borrowers
Mandatory interviews. Prior to receiving the first disbursement of a Federal Subsidized or Unsubsidized Stafford Loan or Federal Perkins Loan at the University of Texas at Austin, student borrowers must complete a loan entrance interview, which includes information about their obligations, rights, and privileges as borrowers. In addition, before withdrawal or graduation from the University, student loan recipients under these programs must complete an exit interview, including additional information about their repayment obligations and about the consequences of failure to repay.
Identification and release of official transcript. Records of students who have received loans under the Federal Family Education Loan Programs are identified to the Office of the Registrar. Students in default on loans from these programs may not obtain an official academic transcript.
Tuition Refunds and Repayment of Financial Aid
Repayment of financial aid. Students who are awarded financial assistance for a specific semester but withdraw prior to the beginning of classes are required to repay the University all funds released. Students who withdraw after the beginning of classes may be required to repay at least some portion of the funds received. The amount to be repaid is calculated according to a repayment policy determined by the Office of Student Financial Services and will vary depending on the amount and type of funds received and when the withdrawal occurs. Any refund of tuition and fees due to a student may be used to meet the aid repayment requirement.
Students who received financial assistance may have all or part of the calculated refund credited to the student aid programs from which the student was paid. The remaining refund, if any, will be disbursed to the student.
Federal regulations require that refunds due the student aid programs be credited in the following order:
Non-Title IV programs are refunded in the following order:
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General Information Catalog