Process Example withdraws after completing 40 class days of a Bachelor of Science in Canine Studies semester. If, for example, the semester is 75 days in length, the student has completed 40 out of 75 days or 53.33% of the semester. This student has not completed 60% of the program and is eligible for the pro rata refund. Student = 40 days of attendance Semester = 75 class days Total semester tuition = $4,850.00 Daily tuition charge = $4,850/75 = $64.667 per class day Tuition charge for 40 days = 40 x $64.667 = $2,586.67 If the student has paid $4,6850.00 in tuition, the student will receive a tuition refund of $2,263.33. Tuition paid = $4,850.00 Tuition charge = - $2,586.67 Refund = $2,263.33 All refunds based on the Xxxxxx College Refund Policy are calculated by the Business Office manually. All refunds due to student shall be made within 30 days of formal cancellation by the student or formal dismissal by the school. The student is notified of the results of the refund calculation and notified of his/her liabilities in writing. A follow-up phone call is made by the Business Office. The Financial Aid Office performs the Title IV refund calculation and determines the student’s and the institution’s liability for program specific return of overpayments to the Department of Education. If you have received federal student financial aid funds, you are entitled to a refund of moneys not paid from federal student financial aid program funds.
Process Example. A student withdraws after completing 40 class days of a Master of Science in Canine Life Sciences semester. The semester is 80 days in length. Therefore, the student has completed 40 out of 80 days or 50 percent of the semester. Student = 40 days of attendance Semester = 80 class days Total Semester Tuition Charge = $6,125 Daily tuition charge = $6,125/80 = $76.562 per class day Tuition charge for 40 days = 40 x $76.562 ~ $3,062.50 If the student has paid $6,125 in tuition, she or he will receive a tuition refund of $3,062.50. Tuition paid = $6,125.00 Tuition charge = - $3,062.50 Refund = $3,062.50 All refunds based on the Xxxxxx University Refund Policy are calculated by the Business Office manually. All refunds due to student shall be made within 30 days of formal cancellation by the student or formal dismissal by the school. The student is notified of the results of the refund calculation and notified of his/her liabilities in writing. A follow-up phone call is made by the Business Office. The Financial Aid Office performs the Title IV refund calculation and determines the student’s and the institution’s liability for program specific return of overpayments to the Department of Education If you have received federal student financial aid funds, you are entitled to a refund of moneys not paid from federal student financial aid program funds.
Process Example. If a student withdraws after completing 30 class days of XxxXxx’s 15-week (75class days) semester, the student has completed 30/75 or 40 percent (40%) of the Term. Student = 30 days of attendance Semester = 75 class days Total Semester Tuition Charge = $13,250.00 Daily tuition charge = $13,250.00 / 75 = $176.67 per class day Tuition charge for 30 days = 30 x $176.67 = $5,300.00 If the student has paid $13,250.00 in tuition, s/he will receive a tuition refund of $7,950.00. Tuition paid = $13,250.00 Tuition charge = - $5,300.00 Refund = $7,950.00 The State of California created the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic losses suffered by students in educational programs who are California residents, or are enrolled in a residency programs attending certain schools regulated by the Bureau for Private Postsecondary Education. You may be eligible for STRF if you are a California resident or are enrolled in a residency program, prepaid tuition, paid the STRF assessment, and suffered an economic loss as a result of any of the following:
Process Example. A student withdraws after completing 40 class days of a Master of Science in Human-Canine Life Sciences semester. If, for example, the semester is 75 days in length, and the student has completed 40 out of 75 days or 53.33% of the semester. This student has not completed 60% of the program and is eligible for the pro rata refund. Student = 40 days of attendance Semester = 75 class days Total Semester Tuition Charge = $6,875 Daily tuition charge = $6,875/75 = $91.667 per class day Tuition charge for 40 days = 40 x $91.667 ~ $3,666.68 If the student has paid $6,875.00 in tuition, the student will receive a tuition refund of $3,208.32. Tuition paid = $6,875.00 Tuition charge = - $3,666.68 Refund = $3,208.32 All refunds based on the Xxxxxx College Refund Policy are calculated by the Business Office manually. All refunds due to student shall be made within 30 days of formal cancellation by the student or formal dismissal by the school. The student is notified of the results of the refund calculation and notified of his/her liabilities in writing. A follow-up phone call is made by the Business Office.
