Student Refunds
Return of Enrollment Charges Policy
Students must notify the Registrar in writing if they intend to withdraw from all courses. The official date of withdrawal is the date that the Registrar receives the written notification.
The adjustment period begins with the first day of classes according to the academic calendar and not the beginning date of the individual courses. The College will refund 100 percent of the tuition that has been paid by a student who withdraws from school before the first class. Charges for books and college fees are not refundable.
The Return of Enrollment Charges Policy does not apply to students who drop individual courses while remaining enrolled in other courses and is not withdrawing from the college. The following general guidelines for tuition reduction apply:
Students who withdraw from courses prior to the first day of classes will receive a 100 percent reduction in tuition (less non-refundable application fee)
Students who withdraw within the first 10 percent of the enrollment period, will receive a 90 percent reduction in tuition charges.
Students who withdraw within the first 11 percent through the first 25 percent of the enrollment period, will receive a 50 percent reduction in tuition charges.
Students who withdraw within the first 26 percent through the first 50 percent of the enrollment period, will receive a 25 percent reduction of tuition charges.
Students who withdraw after the end of the first 50 percent of the enrollment period pay the entire tuition charges.
Return of Title IV Federal Student Aid
The account of the student who has federal aid and withdraws before the first 60 percent of the semester has occurred will be evaluated according to the Department of Education guidelines and formula.
The policy conforms to the Higher Education Amendments of 1998. Title IV programs affected are Subsidized and Unsubsidized Stafford Loans, Perkins Loans, PLUS (Parent Loans for Undergraduate Students), Pell Grants, and SEOG grants.
Federal aid is earned by the percentage of the payment period the student completes. To figure the percentage of aid earned, divide calendar days completed in the semester by total days in the semester. Weekends are included, but scheduled breaks that are at least five days in length are excluded. If the student completes more than 60 percent of the semester, 100 percent of the aid is earned for the semester and no immediate repayment obligation is incurred. If the student completes 59 percent or less of the semester, the portion of federal aid determined to be unearned must be repaid to the federal programs.
The College will return Title IV aid from the student’s account according to the federal formula. A student may be required to return a Title IV overpayment. If the College notifies the student to return an overpayment, the student has 45 days to return the funds to the College. If the student does not comply with the 45 day requirement, the Department of Education will be notified to begin collection. The student will be ineligible for further Title IV aid until either the overpayment is paid in full or satisfactory repayment arrangements have been made with the Department of Education.
Institutional refunds and the formula used to determine the required return of Federal and other student aid will be completed within 30 days of the withdrawal date. Federal student aid programs will be returned in the following regulated order: Unsubsidized Stafford Loans, Federal Subsidized Stafford Loans, Federal Perkins Loan, PLUS Loan, Federal Pell Grant, Federal SEOG, and Other Title IV aid programs.
Return of Non-Federal Student Aid/Personal Payments
If the student received Federal aid, the return of Federal funds is the first priority. If the student received state or institutional aid or made personal payments, the state and institutional aid are repaid proportionally according to the source of the payments.
