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13

2015–16 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:

Tuition Refund Schedule

Withdraw

Withdraw

from University from Class

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 p.m.) on Friday.

**A weekday is defined as Monday through Friday. A day ends at 5 p.m., Eastern

Standard Time.

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.