Withdrawals/Refunds
By act of registration, students accept responsibility for charges of the entire semester.
Official withdrawal from a course or courses requires a student’s written notification to the Academic Dean. The date of withdrawal is the date of the Dean’s written approval.
Refunds of tuition and board are allowable at the following rates:
To the end Drop/Add: 100%
After second week: NO REFUND
Fees are not refunded.
Return to Title IV Refund Policy
All Title IV Aid recipients, who totally withdraw from classes at or before the 60% point in the semester, will have a calculation performed to determine the amount of unearned aid that must be returned. Based on the withdrawal date recorded in the Registrar’s office, we determine how many calendar days a student has attended in the semester. We divide the calendar days attended by the calendar days in the semester to get the percentage completed. Total disbursed aid is then multiplied by this percentage completed to determine earned aid. If earned aid is less than disbursed aid, we must perform another calculation to determine how much of the unearned aid has to be returned by the college and how much has to be returned by the student. Once the amount of unearned aid that needs to be returned is determined, it must be returned to the Title IV aid programs in the following order:
- Unsubsidized Direct Stafford Loans (other than PLUS Loans)
- Subsidized Direct Stafford Loans
- Federal Perkins Loans
- Federal Direct PLUS Loans
- Federal PELL Grants for which a return of funds is required
- Federal Supplemental Educational Opportunity Grants (SEOG) for which a return is required
The Financial Aid Office will use the Return to Title IV software to calculate the amounts. Letter will go out with the amounts due after this calculation with detailed instructions.
Financial aid recipients withdrawing from the College should contact the Financial Aid Department. This will ensure that all matters regarding financial aid awards, refunds, and student loan obligations are taken care of prior to leaving the College. Students are considered to be withdrawn at the time they are no longer in attendance.
The Financial Aid Office will perform a Return to Title IV calculation and remove any unearned financial aid received by the student. If the removal of unearned financial aid results in an outstanding balance, the student will be unable to re-enroll until such time that the outstanding balance has been paid. Students not contacting the Financial Aid Office will be billed for any unearned financial aid received, and will be unable to re-enroll until such time that the resulting balance has been paid. Students with Federal Perkins Loans and Federal Direct Loans must contact the Financial Aid Office so that exit counseling can be conducted.