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Registration constitutes a contract between the student and Dana
College. If because of illness or other valid reasons the student
is forced to leave the College, an appropriate refund will be made
provided the student completes the official withdrawal procedure.
Official withdrawal forms are available in the Business Office. A
student who drops courses to the point where he or she is no longer
considered full-time is not eligible to receive a refund of the general
fee.
At the time of withdrawal, students are responsible for any unpaid
portion of their accounts and for any other unpaid obligations to
the College. Students who do not complete the semester will be billed
for the portion of the full semester costs based on the last documentable
date of attendance.
Refunds for meals missed in the College dining room will be allowed
only for extended absences of two or more weeks. Arrangements for
refunds must be made in advance with the Business Office.
During the first three calendar weeks of each semester the campus
Bookstore will repurchase textbooks at used-book prices provided
the student completes an official change in registration, which necessitates
a different textbook. The Bookstore does not repurchase books during
the course of the semester. Used books are repurchased at the close
of each semester by a representative of the University of Nebraska
Bookstore.
Dana College Federal Aid
Refund Policy
When a student completely withdraws from a semester and was receiving federal
financial aid, the student may be entitled to keep a portion of the federal
aid funds. Institutional charges comprise the amounts that are assessed prior
to the student’s withdrawal, not a reduced amount that might result from
Dana College’s Institutional Refund Policy discussed in the following
section.
Federal funds or Title IV Aid are comprised of Federal Unsubsidized
Stafford Loans, Federal Subsidized Stafford Loans, Perkins Loans,
PLUS Loans, Pell Grants, Federal Supplemental Educational Opportunity
Grants (FSEOG), and State Grants funded by LEAP.
The federal aid refund policy assumes that a student earns his or
her aid based on the period of time he or she is enrolled. Students
who attend past the 60 percent point in a semester are considered
to have earned 100% of the Title IV aid awarded for the payment period.
A student who withdraws prior to the 60 percent point will earn the
percentage of federal aid based on the number of days attended in
the semester. The formula for the calculations is as follows:
Completed Days divided by Total Days in the Semester equals the
percent of Title IV Aid Earned
The percentage of Title IV Aid Earned is multiplied by the total
Title IV Aid disbursed or could have been disbursed to equal the
amount of Title IV Aid the student actually earned. The remaining
amount, if any, must be returned to the various Title IV programs.
Calculation worksheets are available for review in the Financial
Aid Office.
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Institutional
Aid Refund Policy
If a student withdraws prior to the 6th week of the enrollment period, the
student will not receive ANY portion of his or her institutional grants or
scholarships. If the student withdraws during or after the 6th week, he or
she will receive a prorated portion of the institutional aid awarded. The percentage
will be calculated in the same manner of the Federal Refund Policy.
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Tuition Refund Policy
Tuition Refund Schedule Percent of Tuition to be Refunded
| During the First Week |
90% |
| During the Second Week |
80% |
| During the Third Week |
60% |
| During the Fourth Week |
40% |
| During the Fifth Week |
20% |
| During the Sixth Week and After |
0% |
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Refund Policy for Students
Who Drop Below Full-time Status or Drop Over Hour Credits
A student who began the enrollment period in a full-time status and then dropped
to less than full time after the school’s census date will receive 100%
of the disbursed federal aid or Title IV funds.
Students who began the enrollment period in a full time status and
dropped to less than full time within the first five weeks of the
enrollment period will not receive any portion of their institutional
scholarships or grants. However, the student will receive a reduction
in their tuition charges. The refund will be calculated based on
the credit hour charge and the five-week refund schedule printed
above.
Students who began the enrollment period in a full time status and
dropped to less than full time after the first five weeks in the
semester will not receive any adjustment to their financial aid package
or any adjustment to the full time tuition.
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Room and Board Charges
If the student moves off campus in the first five weeks of the enrollment period,
he or she will receive a prorated refund of his or her room and board charges.
- 1st week 90% room and board charges refunded to the student
- 2nd week 80% room and board charges refunded to the student
- 3rd week 60% room and board charges refunded to the student
- 4th week 40% room and board charges refunded to the student
- 5th week 20% room and board charges refunded to the student
- 6th week and after 0% room and board charges refunded to the
student
If a student moves on campus during ANY time during the semester,
the student’s room and board charges will be prorated using
the remaining weeks of a semester. For instance if a student moves
on campus with six weeks remaining of the semester, the student will
be charged for 6/16 or 37.5% of their semester room and board charges.
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Appeals Policy
If individuals believe extenuating circumstances merit a departure from the
aforementioned refund policies, they may appeal in writing to the Executive
Vice President.
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This page was last modified on
February 14, 2006
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