Update: Beginning Monday, August 23rd, 2021, Bay Mills Community College will require all employees, students, vendors, and visitors to wear masks inside campus buildings. We hoped to begin the school year without having to wear masks, but due to the number of increasing cases in our county and surrounding communities, BMCC must take the additional step of requiring the wearing of masks.
Federal regulations require all college institutions to develop a policy that determines the amount of Title IV grant assistance that a Title IV aid recipient has earned as of the recipient’s withdrawal date.
For a student who was awarded Title IV financial aid, BMCC shall calculate the percentage of Title IV aid earned through the 60% point in a payment period. After the 60% point of enrollment period, the student has earned 100% of the Title IV financial aid.
In calculating the return of Title IV funds at Bay Mills Community College, the following steps shall be taken:
If the amount of aid earned is more than the amount of aid disbursed, the student is due a post-withdrawal disbursement of Title IV aid.