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Financial Aid Withdrawal/Return of Aid Policy

If a recipient of financial aid withdraws from classes during a period of enrollment prior to completing the 60% point of the semester, the amount of financial aid earned will be calculated according to regulations or policies established for the various categories of aid. The unearned aid will be returned to the various aid sources. These sources include:

  • Title IV Financial Aid - Most types of U.S. government aid are included in this category, i.e. Federal Pell Grant and Parent/Student Loans
  • State Aid - Cal Grant and APLE
  • Institutional Aid - All institutional funds with the exception of employee or employee dependent tuition waivers
  • Outside Assistance - Any aid received from outside organizations, i.e. churches, civic organizations, private foundations, scholarship associations, etc.

Withdrawal Process

When a student wishes to withdraw from Hope International University, a withdrawal form must be initiated by the student and submitted to the Office of the Registrar. The official withdrawal date is the date the student begins the withdrawal process, or the date the student provided official notification of the intent to withdraw, and received acknowledgement from the Office of the Registrar. Students who unofficially withdraw (fail to submit an official withdrawal form, but stop attending class) will be given an official withdrawal date determined by the last date of class attendance. If the last date of attendance cannot be determined, the official withdrawal date will be the 50% point of the semester.

Withdrawal from a course may reduce or eliminate your financial aid award. Please work with your financial aid counselor prior to dropping courses. Coursework dropped on or after the first day of class will result in the following refund schedule:

5-10 Week Session/Module  
Before opening date of a course 100% tuition refund
Before second week begins 80% tuition refund
Before third week begins 60% tuition refund
After third week begins No refund
15-16 Weeks Term  
Within the first week of semester 90% tuition refund
Within the second and third weeks of semester 60% tuition refund
Within the fourth and fifth weeks of semester 30% tuition refund
After fifth week of semester No refund

Return of Aid

A school must return Title IV funds to the programs from which the student received aid during the payment period or period of enrollment as applicable, in the following order, up to the net amount disbursed from each source:

  • Unsubsidized Direct Loans Subsidized Direct Loans Direct PLUS Loan
  • Federal Pell Grantsfor which a Return is required.
  • Federal Supplemental Educational Opportunity Grants (FSEOG) for which a return of funds is required.
  • Iraq and Afghanistan Service Grant, for which a Return is required.
  • State Aid - State aid must be returned in the amount of the difference between the state aid awarded for the enrollment period and the actual tuition charged once the tuition refund is reflected.
  • Institutional Aid - In most cases, institutional aid will be reduced when a student withdraws.
  • Outside Aid - The organization can decide if any of the aid must be returned to them. Some   organizations specify beforehand the terms of their scholarship if a student withdraws. Unless requested, outside aid sources are not contacted when the withdrawal occurs after the refund period.

 

Return of TA Funds due to Withdrawal

A student’s official withdrawal date is used as the last date of attendance (LDA) and to calculate earned percentage of TA.  TA funds are earned proportionally during an enrollment period with unearned funds returned when it is determined a student stops attending.

8-week Course Withdraw policy:
Before or during week 1           100% return
During week 2                           75% return
During week 3-4                        50% return
During week 5                           40% return (60% of course completed)
During week 6-8                        0% return