2016–17 Graduate Academic Catalog
Page 13
Introduction
Financial Information
• You have the right to know what resources (such as other
financial aid, scholarships, your assets, etc.) were considered
in the calculation of your need.
• You have the right to know how much of your financial need
as determined by the institution has been met.
• You have the right to request an explanation of the various
programs in your student aid package.
• You have the right to know your college’s refund policy.
Student Responsibilities
• You must complete all application forms accurately and
submit them on time to the right place.
• You must provide correct information. In most instances,
misreporting information on financial aid application forms is
a violation of law and may be considered a criminal offense
which could result in indictment under the U.S. Criminal Code.
• You must return all additional documentation, verification,
corrections, and/or new information requested by either
Financial Aid or the agency to which you submitted your
application.
• You are responsible for reading and understanding all forms
that you are asked to sign and for keeping copies of them.
• You must accept responsibility for all agreements that you
sign.
• You must perform the work upon which you agreed in
accepting a University employment award.
• You must be aware of and comply with the deadlines for
application or reapplication for aid.
• You should be aware of your college’s refund procedures.
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.
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
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
14-Week and 16-Week Classes
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%
7-Week and 8-Week Classes
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.