The U.S. Department of Education is pleased to announce the publication of Volume 5 of the 2025–2026 Federal Student Aid Handbook.
Volume 5: Withdrawals and the Return of Title IV Funds discusses how a school should manage Title IV funds when a student completely withdraws from a payment period or period of enrollment.
The Federal Student Aid Handbook is posted digitally on Federal Student Aid’s Knowledge Center and consists of the Application and Verification Guide, nine numbered volumes, and appendices. Each time we post a volume, appendix, or errata, we will inform the community through an Electronic Announcement on the Knowledge Center.
Send questions and suggestions about the Federal Student Aid Handbook through the Customer Support form in the FSA Partner Connect Help Center. To submit a question about the Handbook, please complete the form and select “FSA Handbook” as the topic.