2021-2022 Undergraduate Catalog 
    
    Mar 28, 2024  
2021-2022 Undergraduate Catalog [ARCHIVED CATALOG]

Traditional Program Federal Student Financial Aid Program Refund Calculation


Refunds are calculated upon official withdrawal from all classes and, if the student was deemed eligible for Title IV, Higher Education Act (HEA) student financial assistance program funds, any refund due will be paid within 45 days from the date the student is determined to have withdrawn.

A student who officially withdraws up to the 60 percent point in time of the semester will incur an adjustment to the amount of financial aid program funds awarded and/or disbursed for the term based on the percentage of time attended from the first day of class to the University’s determination date of withdrawal. If a student officially withdraws after the 60 percent point in time of the 14-week semester, 100 percent of the student’s financial assistance program awards are considered earned and will be applied to the total amount of institutional charges due for the term. The refund order of Title IV, HEA program funds (as applicable to the student) is: Unsubsidized Direct Loans; Subsidized Direct Loans; Direct PLUS Loans; Federal Pell Grants; and, Federal Supplemental Educational Opportunity Grant (FSEOG).

For a student who unofficially withdraws during a semester, the withdrawal date shall be the end of the semester. The student is then responsible for all tuition charges due resulting from this reduction in awards and/or payments previously credited to the student’s account.