2014-15 Graduate and Adult Academic Catalog - page 15

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2014–15 Graduate and Adult Programs Academic Catalog
Graduate Programs
Financial Information
Veterans Training Benefits and Dependents Educational
Assistance
Cedarville University is approved under Title 38, Chapters
30, 31, 32, 33, 35, 1606, and 1607 U.S. Code for education of
veterans and their dependents.
Inquiries concerning eligibility should be directed to the contact
office of a Veterans Administration regional office. 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 on behalf of disabled students to
facilitate this requirement for the student.
Cedarville University students who are eligible for veterans’
benefits should contact the Office of the Registrar.
Withdrawal Refunds
Students who are either dropping a course or withdrawing
from the University before the end of a semester may request a
refund from the Cashiers Office.
Registration deposits are not
refundable.
The effective date of withdrawal from the University is
the last day of class attendance as determined by the Registrar.
Tuition and course fee refunds are granted on the following
schedule:
Campus and Online Courses
Refund
Dates
100% Within the first calendar week after the published
start date of the course
75%
Within the second calendar week after the
published start date of the course
25%
Within the third calendar week after the
published start date of the course
No refund Within or after the fourth calendar week after the
published start date of the course
Saturday-Only Classes
Refund
Dates
100% After the first class but before the second
class
25%
After the second class but before the
third class
No refund Any time after the start of the third class
One-,Two-, and Three-Week Modules
Refund
Dates
100% After the first class but before the second class.
50%
After the second class but before the
third class
25%
After the third class but before the fourth
class
No refund Any time after the start of the fourth
class
Requests for additional refund may be considered on the basis
of a written petition to the Office of the Registrar. Course offerings
changed or withdrawn by the University entitle a student to a full
refund of tuition and related course fees.
Students withdrawing from a course or courses and adding
another 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.
Federal Refund
In addition to the overall institutional policy requirements, the
following regulations mandated by the United States Department
of Education are applicable. When a refund is due a student under
Cedarville University’s refund policy and the student received
financial aid under federal Title IV funds, a portion of the refund
shall be applicable to the Title IV programs based on a federal
formula, except the University work study program.
Pro Rata refunds will be calculated for all students who withdraw
before the expiration of 60 percent of the term of attendance. A
federal refund and an institutional refund will be calculated on all
other students who withdraw.
Federal Refund Policy for Stafford Loans
A portion of Title IV grant or loan funds, but not FWS funds,
must be returned to the Title IV programs upon a Title IV
recipient’s withdrawal from the University.
Withdrawal date
The day the student withdraws is the date (determined by the
University):
• The student began the withdrawal process prescribed by the
university; or
• The student otherwise provided the university with official
notification of the intent to withdraw; or
• For the student who does not begin the school’s withdrawal
process or notify the school of the intent to withdraw, the mid-
point of the period of enrollment for which Title IV assistance
was disbursed (unless the institution can document a later
date).
If the school determines the student did not begin the
withdrawal process or notify the school of the intent to withdraw
due to illness, accident, grievous personal loss, or other such
circumstances beyond the student’s control, then the school may
determine the appropriate withdrawal date.
Percentage of the payment period or period of enrollment
completed
The percentage of the period of enrollment for which assistance
was awarded that was completed is determined by dividing the
total number of calendar days comprising the period of enrollment
for which assistance is awarded into the number of calendar days
completed in that period as of the day the student withdrew.
Calculation of Title IV assistance earned
To calculate the amount of Title IV assistance earned by a
student, the university must first determine the percentage of
Title IV assistance the student earned. Up through the 60 percent
point of time, the percentage of assistance earned is equal to the
percentage of the period of enrollment for which it was awarded
that was completed as of the day the student withdrew. If the
student withdrawal occurs after the 60 percent point, then the
percent is 100 percent.
Calculation of Title IV assistance not earned
The amount of the Title IV grant and loan assistance not earned
by the student is calculated by determining the complement of the
percentage of assistance the student earned and applying it to the
total amount of grant and loan assistance that was disbursed (or
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