2014-2015 Graduate Academic Catalog

Page 13 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 Course offerings changed or withdrawn by the University entitle a student to a full refund of tuition and related course fees.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