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 | |
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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