REFUND POLICY The College's refund policy aligns with State, Federal, and Accreditation Guidelines. Students who officially withdraw from college or drop classes within the designated refund period may be eligible for a refund of tuition/fees from UCDH. Refund procedures are consistently applied to all students in the dental hygiene program. The college will process any owed refunds within 30 days of official withdrawal (student notification) or, at the latest, within 30 days of the date of determination, at a maximum within 30 days of the end of the academic period. Refunds are calculated based on the student's last date of attendance. Students who withdraw within the first academic year (Term 1 and Term 2): % Term % Refunded First Week 90% First 25% 55% 25.1% - 50% 30% 50.1% or more 0% The calculated refund will first be paid to the provider of financial assistance (if applicable) then to any scholarship provider(s), and then to the student. Any monies not paid by the student, will not be refunded to the student. If a calculation results in a credit balance owed to the student, it will be refunded within 10-14 business days of withdrawal determination. REFUND PROCEDURES If a refund is requested, and a student has received assistance (financial assistance, personal or credit based loans, scholarships, or other monies) of any kind a portion of the refund may have to be returned to the Financial Services office at Careers Unlimited if requested. Students are responsible for checking with the Financial Services office for information pertaining to this policy and to determine how the refund will be applied. A full refund will be granted for classes canceled due to insufficient enrollment or closed due to student enrollment limits. Any student who withdraws from the college completely and who has received any type of financial assistance, personal or credit based loans, scholarships, or other monies for that semester may be required to repay a significant portion of the monies relating to financial assistance that was awarded/granted based on school attendance at Careers Unlimited and tuition obligations for attending the dental hygiene program at Careers Unlimited. Other information, or for a more detailed explanation of the policies (including calculated refunds) regarding payments, refunds, or refund time schedules can be obtained from the Financial Services office at Careers Unlimited. CASH PAYMENTS |
FEDERAL FUNDS TITLE IV REFUND POLICY All Title IV Federal Funds are considered “earned” as a student progresses in a semester. “Unearned” Title IV Federal Funds occur when the school has an allotment of Title IV aid for a semester, and the student officially drops, withdraws, or ceases attendance without notifying the school. On these rare occasions, the amount of unearned Title IV aid must be figured. This is determined by multiplying the percentage of semester not attended (based on calendar days including weekends and holidays, excluding breaks of longer than 5 days) by the Title IV aid received. All types of aid, including loans, are used in this calculation. If a student attended more than 60% of the semester, no return of funds will be required. Federal regulations assume Federal Financial Aid awards are earned directly in proportion to the number of scheduled days of the semester (payment period) attended until the withdrawal date. As an example, a student who withdraws (completing only 30 percent of the semester), will have “earned” only (30) thirty percent of original aid disbursed. A student who completes more than (60) sixty percent of the semester (payment period) is considered to have “earned” one hundred percent of their aid eligibility and no funds must be returned. In order to determine the amount of earned and unearned federal aid for the semester, a withdrawal date must be established. The College is an attendance-taking institution, faculty members record student attendance for all courses. For students who officially withdraw (the student provides notification) or unofficially withdraw (the student ceases attendance without providing notification), the date of withdraw will be considered the student’s last date of recorded attendance for calculation purposes. After the amount of Title IV aid to be returned is calculated, a determination of how much must be returned by the institution and how much must be returned by the student will be determined. The College will return its portion of unearned Title IV funds as soon as possible, but no later than 45 days after it determines that the student withdrew (officially or unofficially). After the amount of Title IV aid to be returned is calculated, a determination of how much must be returned by the institution and how much must be returned by the student will be determined. Any funds returned by the institution are credited in the following order:
If you did not receive all the Title IV funds that you earned, you may be due a post-withdrawal disbursement. The conditions under which you would be owed a portion of your financial aid occurs when a student has earned, based on days attended, more aid than must be returned. Within 45 days of the withdrawal, the financial aid office will determine eligibility and notify you to see if you are interested in those funds, loans, which may have to be paid back at a later date.
If you receive excess loan funds that must be returned by you (or your parent for a PLUS Loan), this is done in accordance with the terms of your promissory note. If you receive unearned grants funds that must be returned, this is considered a grant overpayment. If you must repay any grant overpayment, the maximum amount is half of the grant assistance calculated to repay. The grant overpayment must be paid to the school or the Department of Education within 45 days or it will be reported to the Department of Education. PLEASE NOTE: The requirements for Title IV program funds when you withdraw are separate from any |
