Academic Catalog 2023-2024

Academic Catalog 2023 - 2024

REFUND POLICIES

CREDIT BALANCES ON ACCOUNT: For many students, federal financial aid is obtained or other payments are made in excess of the charges billed by the college to cover other costs such as books, supplies and living expenses. The college will automatically issue refunds for eligible credit balances as follows: Beginning on the first day after the end of the drop/add period each semester (usually one week after the start of classes), student accounts will be reviewed for settled credit balances. Anticipated funds, including anticipated financial aid, are not considered settled until the funds have been received by the college and are disbursed to the student’s account. Priority is given to credit balance refunds due to federal financial aid. In accordance with federal regulations, these credit balances must be refunded no later than 14 days after the credit balance occurred on the student’s account. The college makes every effort to generate all refunds for eligible settled credit balances as quickly as possible. Requests to retain a credit balance on account to apply to a future semester must be made in writing by the student or financially responsible party. (Email accepted) Requests will be honored when permissible by federal regulations. WITHDRAWAL: A student (parent/financially responsible party) may apply for a refund of tuition when withdrawal from the College is based upon student medical necessity (or other approved reason) and occurs within the first four weeks of classes. There shall be no refund of any tuition or fees if the student is involved in disciplinary action that leads to a long-term suspension or dismissal. Written notice of withdrawal from the College must be received by the Business Office within the week noted in the Refund Schedule to obtain a refund. Room and board fees are not refundable once the semester has begun (see Appeal Process below). All applicable federal requirements will be followed for refunds if the student is receiving Federal Financial Aid and/or Veterans Benefits.

All refunds of tuition will be based upon the following:

REFUND SCHEDULE - Approved Withdrawals SEMESTER FALL SPRING SUMMER 1 ST WEEK 95% * 95% * 80% 2 ND WEEK 75% 75% 0% 3 RD WEEK 50% 50% 0% 4 TH WEEK 25% 25% 0% LATER 0% 0% 0% * 100% refund less 5% admin fee

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