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Responsibility of the University
Cedarville University Office of Financial Aid responsibilities in
regard to the Return of Title IV funds include
• Providing each student with information given in this policy.
• Identifying students who are affected by this policy and
completing the Return of Title IV Funds calculation for those
students.
• Returning any Title IV funds that are due to the Title IV
programs as soon as possible, but no later than 45 days from
the determination of a student’s withdrawal.
• Offering a post-withdrawal loan disbursement within 30 days
of the date the school determined the student withdrew and
issuing a post-withdrawal grant disbursement within 45 days
of the date the school determined the student withdrew, if a
student has eligibility for the Title IV funds.
• Though Cedarville University is not required to take
attendance, instructors are expected to monitor enrollment
regularly and notify the registrar’s office of non-attendance.
• The registrar’s office contacts the student and the instructor to
determine the last date of academic related activity.
Responsibility of the student
The student’s responsibilities in regard to the Return of Title IV
Funds include
• Returning to the Title IV programs the dollar amount of
any funds disbursed directly to the student subsequently
determined to be ineligible via the Return of Title IV Funds
calculation.
• Official withdrawal information is found in the online catalog
(page 30).
Special Providions for Books and Supplies
Federal regulations (34 CFR 668.164(i))dictate that if an
undergraduate student has a T-IV credit balance on their account
10 days prior to the semester, they are able to use their credit
balance amount to obtain their books and supplies through the 7th
day of the payment period. The school may use the actual costs
of books and supplies or allowance for those materials used in
estimating the student’s cost of attendance for the period.
A student may opt out of the book voucher by simply not
utilizing the established process in place. If a student does opt
out, your T-IV credit balance will be issued to you through the
normal process.
In addition, Cedarville University allows all undergraduate
students to receive a voucher for books and supplies. There is
a $1,000 cap on the limit. If a student has an invoice above this
amount, on a case-by-case basis, with Cashier authorization, the
limit may be increased. The timeframe to use the voucher is from
the first week of August through the first week of September.
Veterans Training Benefits and Dependents Educational
Assistance
Cedarville University is approved under Title 38, Chapters 30,
31, 32, 33, 35, and 1606, U.S. Code for Education of Veterans
and Their Dependents. Students under Chapters 30, 32, 35, and
1606 are required to pay the school for all charges. The Veterans
Administration in turn pays them a monthly allowance based
upon their training load. Veterans under Chapter 31 are paid a
monthly allowance and the Veterans Administration pays the
school for tuition, fees, books, and supplies. Cedarville University
is a participant in the VA Yellow Ribbon Program. Those students
eligible to receive Chapter 33 Post-9/11 benefits may qualify to
receive benefits through the VA Yellow Ribbon program.
Inquiries concerning eligibility should be directed to the
contact office of a Veterans Administration Regional Office or by
calling (888)442-4551. Students planning to study under one of
the education laws should receive approval prior to enrolling. A
Veterans Administration training officer will contact the University
in the disabled cases to accomplish this requirement for the
student.
Cedarville University students eligible for veterans benefits
should contact the veterans benefits counselor in the Office of the
Registrar.
Deferred Payment Plan for Veterans
For Option Deferred Payment Plan for Veterans (under Chapters
30, 31, 32, 33, and 35) receiving the Educational Assistance
Allowances, consult the Office of the Registrar.
Payments by veterans receiving their Educational Assistance
Allowance checks one month behind will be as follows:
Fall Semester:
1st payment by 10/4
2nd payment by 11/1
3rd payment by 12/1
Final payment by 1/1
Spring Semester:
1st payment by 2/4
2nd payment by 3/1
3rd payment by 4/1
Final payment by 5/1
A late payment charge of $25 is applicable for accounts unpaid
after the payment due date.
Veterans receive eight monthly VA checks that must pay for
eight deferred payments on the semester system.
2016–17 Undergraduate Academic Catalog
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287
Financial Information
Financial Information