Return of Student Financial Aid (SFA) Funds

If it is determined that SFA program funds must be returned, based on the student’s financial aid award, the return of SFA funds are made in the following order:

  1. Unsubsidized Federal Direct Loan Program;
  2. Subsidized Direct Loan Program;
  3. Federal PLUS Loan Program;
  4. Federal Pell Grant Program; and any
  5. Other grant or loan assistance authorized by Title IV of the HEA.