Tuition Refund Policy Return of Title IV (Federal) Financial Aid Tuition Refund Policy The university has a tuition refund policy that stipulates the amount of tuition and fees that are refunded to a student who withdraws from all classes during a term.  The Registrar's Office determines specific refund dates each term and publishes them on their website (once at this site, choose the appropriate term, then click on "Student Registration Deadlines").  The chart below shows the amount of tuition and fees returned to a student, depending upon when the student withdraws.  Students must immediately notify the Registrar's Office that they are withdrawing by following specific withdrawal procedures posted by the Office of the Registrar. Time of Withdrawal % of Charges Refunded Before the 1st day of class 100% tuition; 100% fees Within the first 3 weeks 100% tuition; 0% fees After the first 3 weeks but before the 6th week 50% tuition; 0% fees After the 6th week 0% tuition; 0% fees Return of Title IV (Federal) Financial Aid The federal government mandates that students who withdraw from all classes may only keep the financial aid they have "earned" up to the time of withdrawal. Title IV funds that have been disbursed in excess of the earned amount must be returned by the university and/or the student to the federal government.  Thus the student could owe aid funds to the university, the government, or both.  To determine the amount of aid the student has earned up to the time of withdrawal, OFA divides the number of calendar days the student has attended classes by the total number of calendar days in the semester (minus any scheduled breaks of 5 days or more).  The resulting percentage is then multiplied by the total federal funds that were disbursed (either to the student's university account or to the student directly by check or direct deposit) for the semester.  This calculation determines the amount of aid earned by the student that he or she may keep (for example, if the student attended 25% of the term, the student will have earned 25% of the aid disbursed). The unearned amount (total aid disbursed minus the earned amount) must be returned to the federal government by the university and/or the student.  OFA will notify and provide instructions to students who are required to return funds to the government.  Students whose circumstances require that they withdraw from all classes are strongly encouraged to contact OFA and their academic advisor before doing so.  At that time, the consequences of withdrawing from all classes can be explained and clearly illustrated.  OFA's financial aid counselors can provide refund examples and further explain this policy to students and parents. ALLOCATING RETURNED TITLE IV (FEDERAL) AID   Funds that are returned to the federal government are used to reimburse the individual federal programs from which the student received the aid. Financial aid returned (by the university and/or the student or parent) must be allocated, in the following order, up to the net amount disbursed from each source: Federal Unsubsidized Direct Loan Federal Subsidized Direct Loan Federal Perkins Loan Federal Direct PLUS (Parent) Loan or Grad PLUS Loan Federal Pell Grant Academic Competitiveness Grant (ACG) National Science & Mathematics Access to Retain Talent (SMART) Grant Federal Supplemental Educational Opportunity Grant (FSEOG) Other Federal Loan or Grant Assistance

Federal School Code 002325   For a variety of reasons, a student may find it necessary to withdraw from all classes during a semester. Depending upon when this action is taken, students may be refunded all or part of their tuition and fee charges. If the student is a financial aid recipient, the Office of Financial Aid (OFA), as well as the student, may be required to return to the federal government, all or a portion of the aid that had been disbursed to the student and/or the student s account.