Withdrawal Refunds
Tuition
Students withdrawing from the University before the end of a
semester may request a refund from the Cashiers Office. Refunds
may be requested anytime after the beginning of a semester. The
effective date of the withdrawal from the University is the last day
of class attendance as determined by the Office of the Registrar.
Processing of refunds will begin the third week of the semester.
Tuition refunds for withdrawal are granted on this schedule:
Tuition Refund Schedule
Withdraw
Withdraw
from University from Class
14–16-Week Class
Week* class begins
100%
100%
Week* 1 (first full week)
75%
75%
Week* 2
50%
0%
Week* 3
25%
0%
12-Week Class
2 weekdays** from start of class 100%
100%
6 weekdays** from start of class 75%
75%
10 weekdays** from start of class 50%
0%
14 weekdays** from start of class 25%
0%
8-Week Class
2 weekdays** from start of class 100%
100%
4 weekdays** from start of class 75%
75%
7 weekdays** from start of class 50%
0%
9 weekdays** from start of class 25%
0%
4-Week Class
1 weekday** from start of class
100%
100%
2 weekdays** from start of class 75%
75%
3 weekdays** from start of class 50%
0%
5 weekdays** from start of class 25%
0%
For classes 3 weeks or less
2 weekdays** from start of class 100%
100%
3 weekdays** from start of class 0%
0%
All other Classes
4% from start of class
100%
100%
10% from start of class
75%
75%
17% from start of class
50%
0%
23% from start of class
25%
0%
*A week ends at the close of business (5:00 p.m.) on Friday.
**A weekday is defined as Monday through Friday. A day ends at 5 p.m., Eastern
Standard Time.
Course offerings changed or deleted by the University entitle a
student to a full refund of tuition and related course fees. Students
withdrawing from a course or courses will be granted a full tuition
refund to apply toward courses added. If the new total hours are
fewer than the original total, the above refund schedule will apply.
Board/Meal Plan
Board charges will be refunded on a prorated weekly basis.
Board weeks begin on Sunday and end on Saturday. Board
refunds are computed based on the last day of residency. Board
contracts are required for all students living in the residence halls.
Students may choose from seven available meal-plan options.
Room
Rooms are reserved for each student for an entire semester. No
refund of room rent is made except in cases of severe illness or
incapacity. Written confirmation of the illness or incapacity must
be provided by the director of University Medical Services or a
physician. Room rent will then be refunded on a prorated basis.
Other Fees
No other fees are refundable except for withdrawal within the
first calendar week of the semester.
Return of Title IV Funds, Policy and Regulations
The term “Title IV Funds” refers to the Federal Financial Aid
Programs authorized under the Higher Education Act of 1965
(as amended). The following are considered Title IV programs at
Cedarville University:
• Unsubsidized Federal Direct Loan
• Subsidized Federal Direct Loan
• Federal Perkins Loan
• Federal Direct Plus Loan (Parent)
• Federal Pell Grant
• Federal Supplemental Grant (FSEOG)
• Federal TEACH Grant
• Iraq and Afghanistan Service Grant
A student’s federal financial aid eligibility must be recalculated
and these regulations apply when a student fails to complete the
period of enrollment for which he/she was charged due to one or
more of the following situations:
• Change in a student’s schedule, which results in fewer credit
hours
• Course or courses dropped or withdrawn
• Cancellation of a class by the college
• Total withdrawal or expulsion from the college
As the recipient of Title IV aid, it is the student’s responsibility to
earn the aid provided for their period of enrollment. Students who
find it necessary to withdraw must go to the registrar’s office to
begin the official withdrawal process.
Please refer to the online catalog for determination of the
student’s withdrawal date.
Title IV aid is earned in a prorated manner on a daily basis up
to the 60% point in the semester. Federal regulations state that a
student must attend past the 60% point of the semester in order
to earn 100% of their federal financial aid. Students are issued
financial aid before 100% of their aid is earned. This is in “good
faith,” meaning that students are expected to follow through by
attending and completing all classes.
When a recipient of Title IV aid withdraws from an institution
during the semester in which the recipient began attendance, the
institution must determine the amount of the Title IV grant or loan
assistance (not including Federal Work Study) that the student
earned as of the student’s date of withdrawal. Federal Regulations
mandate that a school perform a “Return to Title IV” calculation
for federal aid recipients who withdraw from all classes or receive
Financial Aid unearned ‘F’. This calculation determines how much
federal aid a student has earned up to the date of withdrawal. If
more assistance is received than what is earned, the unearned
funds must be returned. The requirements for the “Return to Title
IV” calculations are separate from Cedarville University’s refund
policy.
In accordance with federal regulations, when financial aid is
involved, return of T-IV funds are allocated in the following order:
1. Unsubsidized Federal Direct Stafford Loan
2. Subsidized Federal Direct Stafford Loan
3. Federal Perkins Loan
4. Federal Direct PLUS Loan
5. Federal Pell Grant
6. Iraq and Afghanistan Service Grant
7. Federal Supplemental Educational Opportunity Grant
(FSEOG)
8. Other Title IV Assistance
Page
286
2016–17 Undergraduate Academic Catalog
Financial Information
Financial Information