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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.