Order of Return of Funds

If TSC is not required to return all of the excess funds, students must return the remaining amount. The order that TSC must return Title IV funds up to the net amount disbursed, to the federal programs is as follows:

  1. Unsubsidized Direct Loans (other than Direct PLUS Loans),
  2. Subsidized Direct Loans,
  3. Direct PLUS Loans,
  4. Federal Pell Grants for which a return is required,
  5. Federal Supplemental Educational Opportunity Grants (FSEOG) for which a return of funds is required, and
  6. Iraq and Afghanistan Service Grant for which a return is required.