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2016-2017 Student Catalog | Financial Matters

Tuition & Aid Reversal Schedule

For students who withdraw from classes during the semester, tuition charges will be adjusted according to the following schedules.  There is no refund of deposits or fees.

*Reversal of Tuition Billed Schedule for the Core and all 15-Week Courses

Prior to first class meeting                                          Full reversal of all tuition charges

Weeks 1 and 2 (prior to the A-3 class)                               90% reversal / 10% charge

Weeks 3 and 4 (prior to the A-5 class)                               75% reversal / 25% charge

Weeks 5 and 6 (prior to the B-2 class)                               50% reversal / 50% charge

Weeks 7 and 8 (prior to the B-4 class)                               25% reversal / 75% charge

Weeks 9+ (from the B-4 class to the end of the semester)   0% reversal / Full tuition charge

*Reversal of Tuition Billed Schedule for all 5-Week Courses Including Summer

Prior to first class meeting                                          Full reversal of all tuition charges

Week 1 (prior to the second class)                                    80% reversal / 20% charge

Week 2 (prior to the third class)                                        60% reversal / 40% charge

Week 3 (from the third class to the end of the term)           0% reversal / Full tuition charge

*NOTE: Students are responsible for all tuition and fees up to the day the official change of status form was completed and signed by both the student and the Seminary's retention officer, regardless of class non-attendance. Deposits, fees, and book charges are not refundable. Scholarship awards will be reversed according to the same schedule as tuition reversal percentages above.

Return of Federal (Title IV) Financial Aid

If a student leaves school before the end of the semester, the return of federal financial aid will be based on the guidelines issued by the Federal Government in the 1998 reauthorization. Federal financial aid will be prorated on a per diem basis using calendar days, with exclusion of breaks of over 5 days. Once the 60% point of the semester is reached there is no return of federal financial aid. If no official withdrawal is made the Seminary will establish the last date of attendance.