Institutional Charges & State Aid Refund Policy
The Return of Title IV aid calculation, as cited above, only considers federal funds – not institutional, state or outside funding sources that may be included in the student’s financial aid package. If a student withdraws from all classes before the end of the term, charges will be made on the following basis:
- Withdrawal during the first week... no charge
- Withdrawal during the second and third week...50% of charges
- Withdrawal during the fourth and fifth week...75% of charges
- Withdrawal during the sixth week...100% of charges
If the student withdraws during a period of time that allows for a tuition refund, a portion or all of his/her institutional, state and/or outside funding may need to be reduced or cancelled. If the student receives a 100% tuition refund on all courses for a particular term, all institutional, state and outside funding must be returned to the appropriate aid program(s). If the tuition refund was not used to fully repay the return of Title IV aid, a proportional share of the remaining tuition refund must be returned to the appropriate aid program(s).