/Institutions/Catholic-University-of-America/json/2023-2024/Undergraduate-Announcements-local.json

/Institutions/Catholic-University-of-America/json/2023-2024/Undergraduate-Announcements.json

Undergraduate Announcements > Campus Overview > Financial Aid > Withdrawing > Attendance and Earned/Unearned Percentage

Attendance and Earned/Unearned Percentage

The type and amount of aid that must be returned to the aid programs is based on the percentage of aid that is considered to have been unearned at the point of withdrawal. Before calculating the unearned percentage, the earned percentage must first be calculated. This is calculated by dividing the number of days attended in the semester (excluding calendar breaks of five or more days) by the number of days in the semester (excluding calendar breaks of five or more days). Weekends are included in the calculation except where a break coinciding with a weekend exceeds five days.

Once the earned percentage has been calculated, it is then subtracted from 100 to get the unearned percentage. The unearned percentage is then multiplied by the Title IV assistance received to determine the amount of Title IV aid that is unearned and must be returned.