财政资助退款政策

财政资助退款政策

概述(具体信息和时间表如下):

Title IV (Federal) funds are awarded to a student under the assumption that the student will attend school for the entire period for which the assistance is awarded. 当一个学生完全退出*, the student may no longer be eligible for the full amount of Title IV funds that the student was originally scheduled to receive.

当一个学生完全退出, a Federal Return of Title IV Funds calculation (R2T4) determines how much aid the student earned. The R2T4 calculation must be completed by the college within 30 days of the date the school determined that the student withdrew. The calculation is based on the number of days the student attended in the semester, divided by the total number of days in the semester (minus any scheduled breaks of at least five days in length)**.

The R2T4 calculation also determines how much aid the student did not earn. 如果学生获得了第四项援助(联邦佩尔助学金), FSEOG, 联邦直接贷款和附加贷款), unearned funds will need to be returned by the college to the aid 项目. See specific information below for more information on the return requirements.

If a student attends more than 60% of the semester before withdrawing, the student has earned 100% of their aid and no return of aid is required.

如果学生没有收到他们挣到的所有资金, the student may be eligible for a 提款后付款 (PWD). See specific information below on 提款后付款s.

If a student received a Title IV Aid credit balance and it was comprised of a federal Pell Grant or FSEOG and the student completely withdraw from their classes within the first 60% of the semester, the student may owe a repayment of a portion of the federal aid received as a credit balance. 请参阅下面黄金城官网入口还款的具体信息.

If a student remains enrolled but fails to pass all classes (all F’s), Emmaus will consider the student as having withdrawn unless there is acceptable documentation of attendance. If it is determined that the student attended the entire semester and earned the failing grades, 则不计算标题IV基金的回报.

If a student unofficially withdraws (quits attending all classes and does not officially withdraw and fails to pass all classes), Emmaus will attempt to determine the last date of an academically related activity that the student participated in and will use that date as the student’s withdrawal date. 如不能确定日期, Emmaus will use the midpoint of the semester as the withdrawal date.

如无出勤记录, the student will be considered as never having commenced attendance and therefore would be ineligible for the aid received and all the federal aid received would have to be returned. The college will return funds that were disbursed to the student’s account. The student would return funds if funds were disbursed to them in the form of a credit balance. 除了, since the student failed to take the appropriate steps to officially withdraw, they may still owe the college for tuition and other costs incurred.

具体信息和时间表:

返还援助:
The federal formula requires a return of Title IV aid if the student received federal financial assistance in the form of a Pell Grant, 补充教育机会补助金, Federal Direct Student Loan or a PLUS loan and withdrew on or before completing 60% of the semester. No aid funds must be returned or repaid if the student attended more than 60% of the quarter before withdrawing.

Unearned portions of aid are returned by the school to the financial aid 项目 in accordance with federal regulations within 45 days of the student’s withdrawal date. 援助物资按以下分配返还:

第四章退款的分配优先权 & 还款:

  • 无补贴直接斯塔福德贷款
  • 直接补贴斯塔福德贷款
  • Federal Perkins loans (Emmaus does not participate in this program)
  • 直接PLUS贷款(家长)
  • 联邦佩尔助学金
  • 联邦补充教育机会补助金(FSEOG)
  • 需要申报的联邦教学补助金.
  • 须申报的伊拉克阿富汗服务补助金.
  • 其他第四章援助
  • 其他，国家，私人或机构援助
  • 学生

If the R2T4 calculation results in an amount to be returned that exceeds the school’s portion, 学生必须偿还这些资金. Students will be informed of this requirement in writing within 30 days that the student withdrew.

提款后付款
If, 作为R2T4计算的结果, the student is eligible for Title IV funds that the student has earned but have not yet been disbursed, the student is eligible for a 提款后付款 (PWD). 如果PWD由联邦佩尔助学金和/或FSEOG组成, the funds will be disbursed to the student’s account within 45 days of the date the school determined that the student withdrew.

If your PWD eligibility includes a Federal Direct Student Loan (Subsidized and/or Unsubsidized), 并且学校已经为你发放了贷款, Emmaus must get your permission before it can disburse the loan funds. You may choose to decline some or all of the loan funds so that you don’t incur additional debt. You will be notified of your eligibility for a post withdraw disbursement within 30 days of your complete withdrawal and you will have 14 days from notification to accept or decline the Direct Loan PWD.

如果学院尚未发起直接贷款, you must complete a required Loan Entrance Counseling Session and a Direct Subsidized/Unsubsidized Loan Master Promissory Note at: www.热门产品.政府 before the college can originate the loan and offer you the Direct Loan PWD. These steps must be completed before the 14 day period ends in which you can accept or decline the PWD.

If the PWD is a PLUS PWD and the college has already originated the PLUS, the parent borrower will be notified of their eligibility for a post withdraw disbursement within 30 days of your complete withdrawal and they will have 14 days from notification to accept or decline the PLUS.

如果学校还没有设立PLUS, the parent borrower must complete the PLUS Application (and is approved for the loan) and they must complete a PLUS Master Promissory Note at: www.热门产品.政府 before the college can originate the loan and offer them the PLUS PWD. These steps must be completed before the 14 day period ends in which they can accept or decline the PWD.

Emmaus will first apply the PWD’s to the student’s Emmaus account for outstanding tuition, 所需的费用, and room and board charges for the semester in which you withdrew. 如果创建了信用余额, the funds offered to the student as a direct disbursement for grants or Direct Loans (see the 贷方余额 section below).

贷方余额
If the R2T4 calculation results in a credit balance on the student’s account because there are no outstanding charges, a Pell and/or FSEOG credit balance will be disbursed to the student within 14 days after the R2T4 calculation is done and the credit balance will be issued to the student in the form of a check.

If the R2T4 calculation results in a credit balance on the student’s account because there are no outstanding charges, 信用余额是直接学生贷款, you may choose to decline some or all of the loan funds so that you don’t incur additional debt. You will be notified of your eligibility for the credit balance within 30 days of your complete withdrawal and you will have 14 days from notification to accept or decline the Direct Loan credit balance disbursement. 如果您接受直接贷款的信用余额支付, it will be issued to you in the form of a check within 14 days of when the college receives your notification of acceptance.

If the R2T4 calculation results in a credit balance on the student’s account because there are no outstanding charges, 信用余额是加分项, the parent borrower will be notified of their eligibility for a post withdraw disbursement within 30 days of your complete withdrawal and they will have 14 days from notification to accept or decline the PLUS. If the parent borrower accepts the PLUS credit balance disbursement, it will be issued to them in the form of a check within 14 days of when the college receives their notification of acceptance.

还款
If a student received a Title IV Aid credit balance and it was comprised of a federal Pell Grant and/or FSEOG and the student completely withdraw from their classes within the first 60% of the semester, the student may owe a repayment of a portion of the federal grants they received as a credit balance.

如果你确定是在还款状态, 你将通过普通邮件被告知此项义务. 如果在120天内未将资金偿还给学校, 还款金额, 被称为超额付款, 将向美国报告.S. 教育部.

If the credit balance was comprised of Federal Direct Stafford Student Loans or PLUS, the loans are payable according to the terms of the promissory note.

Please contact the Financial Aid Office if you have any questions about refunds or the calculation of refund amounts.

*Students must officially withdraw from the college by following the withdrawal procedure as listed on our web site. 程序如下:

“Any student withdrawing from Emmaus must begin the process with an interview with the Dean for Student Development. In the interview, the Dean will communicate the necessary steps for withdrawal from the college”.

For the purpose of determining a date of withdrawal for a Return to Title IV Funds calculation for an official withdrawal, the date will be the earlier of the date the student notified the Dean for Student Development of their intent to withdraw or the actual date the student completed the necessary steps for withdrawal from the college.

**Example: if the semester is 110 days in length and the student withdraws on the 55 th day of the semester, 学院被要求返还50%的助学金.

If a student is not eligible for Title IV aid, the institutional refund policy applies.

Refund Policy for Iowa Tuition Grant and National Guard or Military Reserve Members

Emmaus 圣经 College offers the following options to a student who is a member, 如果成员有一个受抚养的孩子，成员的配偶也可以, of the National Guard or reserve forces of the United States and who is ordered to national guard duty or federal active duty:

(a) Withdraw from the student’s entire registration and receive a full refund of tuition and mandatory fees.

(b) Make arrangements with the student’s instructors for course grades, or for incompletes that shall be completed by the student at a later date. 如果作出这样的安排, the student’s registration shall remain intact and tuition and mandatory fees shall be assessed for the courses in full.

(c) Make arrangements with only some of the student’s instructors for grades, or for incompletes that shall be completed by the student at a later date. 如果作出这样的安排, the registration for those courses shall remain intact and tuition and mandatory fees shall be assessed for those courses. Any course for which arrangements cannot be made for grades or incompletes shall be considered dropped and the tuition and mandatory fees for the course refunded.