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Any amount of unearned grant funds that you must return is called an overpayment. The maximum amount of a grant <br />overpayment that you must repay is half of the grant funds you received or were scheduled to receive. You do not have <br />to repay a grant overpayment if the original amount of the overpayment is $50 or less. You must make arrangements <br />with your school or the Department of Education to return the unearned grant funds. <br />The requirements for Title IV program funds when you withdraw are separate from any refund policy that your school <br />may have. Therefore, you may still owe funds to the school to cover unpaid institutional charges. Your school may also <br />charge you for any Title IV program funds that the school was required to return. If you don't already know your school's <br />refund policy, you should ask your school for a copy. Your school can also provide you with the requirements and <br />procedures for officially withdrawing from school. <br />If you have questions about your Title IV program funds, you can call the Federal Student Aid Information Center at 1- <br />800-4-FEDAID (1-800-433-3243). TTY users may call 1-800-730-8913. Information is also available on Student Aid on the <br />Web at https•//studentaid.gov. <br />STATE OF CALIFORNIA STUDENT TUITION RECOVERY FUND <br />The State of California established the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic loss suffered <br />by a student in an educational program at a qualifying institution, who is or was a California resident while enrolled, or <br />was enrolled in a residency program, if the student enrolled in the institution, prepaid tuition, and suffered an economic <br />loss. Unless relieved of the obligation to do so, you must pay the state -imposed assessment for the STRF, or it must be <br />paid on your behalf, if you are a student in an educational program, who is a California resident, or are enrolled in a <br />residency program, and prepay all or part of yourtuition. <br />You are not eligible for protection from the STRF and you are not required to pay the STRF assessment, if you are not a <br />California resident, or are not enrolled in a residency program. <br />It is important that you keep copies of your enrollment agreement, financial aid documents, receipts, or any other <br />information thatdocuments the amount paid to the school. Questions regarding the STRF may be directed to the Bureau <br />for Private Postsecondary Education, 1747 North Market Blvd., Suite 225, Sacramento, CA 95834. (916) 574-8900 or (888) <br />370-7589. <br />To be eligible for STRF, you must be a California resident or are enrolled in a residency program, prepaid tuition, paid or <br />deemed tohave paid the STRF assessment, and suffered an economic loss as a result of any of the following: <br />1. The institution, a location of the institution, or an educational program offered by the institution was closed or <br />discontinued, and you did not choose to participate in a teach -out plan approved by the Bureau or did not complete a <br />chosen teach -out plan approved by the Bureau. <br />2. You were enrolled at an institution or a location of the institution within the 120 day period before the closure of <br />the Institution or location of the institution, orwere enrolled in an educational program within the 120 day period before <br />the program was discontinued. <br />3. You were enrolled at an institution or a location of the institution more than 120 days before the closure of the <br />institution or location of the institution, in an educational program offered by the institution as to which the Bureau <br />determined there was a significant decline in the quality or value of the program more than 120 days beforeclosure. <br />4. The institution has been ordered to pay a refund by the Bureau but has failed to do so. <br />51 The institution has failed to pay or reimburse loan proceeds under a federal student loan program as required by <br />law or has failed to pay or reimburse proceeds received by the institution in excess of tuition and other costs. <br />6. You have been awarded restitution, a refund, or other monetary award by an arbitrator or court, based on a <br />violation of this chapter by an institution or representative of an institution, but have been unable to collect the award <br />from the institution <br />7. You sought legal counsel that resulted in the cancellation of one or more of your student loans and have an invoice <br />for services rendered and evidence of the cancellation of the student loan or loans. <br />To qualify for STRF reimbursement, the application must be received within four (4) years from the date of the action or <br />event thatmade the student eligible for recovery from STRF. <br />IntorCoesC Culleg!^s Sdionl Cat,;tlog 22I t'ago <br />