Post-Withdrawal Disbursements

If the amount of Title IV funds disbursed to students is less than the amount earned, it may be considered a post-withdrawal disbursement. Outstanding charges for tuition and fees on students’ accounts can be applied against a post-withdrawal disbursement. If the post-withdrawal disbursement includes loan funds, TSC must obtain students’ permission before funds can disbursed. Students may choose to decline some or all of the loan funds to avoid incurring additional debt. TSC may automatically use all or a portion of students’ post-withdrawal disbursement of grant funds for tuition and fees. TSC requires students’ permission to use post-withdrawal grant disbursements for other institutional charges. If students do not give their permission, the funds will be offered to them directly. However, it may be in students’ best interest to allow the school to keep the funds to reduce their debt at TSC.