Students who drop courses, withdraw, or are administratively withdrawn, suspended,
or expelled from the Regental system within the drop/add period receive a 100% refund
of tuition and per credit hour fees. Students who withdraw or are administratively
withdrawn, suspended, or expelled from the Regental system after the date the first
10% of the term ends for the period of enrollment for which they are assessed may
be entitled to a refund. No refunds will be processed for dropped courses after the
drop/add period. Total withdrawals refunds will be based on a daily proration of the
remaining portion of the semester up through 60%.
Students with a room contract who withdraw from the Regental system will receive a
proportional refund at the time of withdrawal up to 60% after which no refund is available.
Students with a food service contract who withdraw from the Regental system will receive
a proportional refund at the time of withdrawal up to 60%, after which no refund is
available. The balance of flex plan dollars will be refunded at 100%.
Students may return textbooks during the prescribed Board of Regents drop periods.
The fall and spring refund periods begin when classes start and texts may be refunded
for three days after purchase or BOR drop/add deadline, whichever comes first. The
summer class refund is two days after the beginning of class. Policy is stated on
the printed register receipt and at the
BHSU Bookstore. The original purchase price plus tax will be refunded if returned in the same condition
as sold. A receipt is required. Some shrink-wrap books that have been opened may not
be returned if noted on the package or shelf tag. Resalable condition is at the sole
discretion of the bookstore manager. New books in less than perfect condition will
be repurchased at 75% of the new book price.
Students required to withdraw from the Regental system before completing a semester
may receive credit or refund privileges if they are regularly enrolled and belong
to a military unit called for duty or are drafted and not eligible for deferment and
the discontinuance of class attendance is on the last practicable day before reporting
for duty as determined by the student's home university. Eligible students who are
required to report for military duty not earlier than four (4) calendar weeks prior
to the date a semester ends as stated in the official catalog of the home university,
or after completion of at least 75% of the enrollment period in a non-standard semester
course, may, when authorized by the instructor, be given full credit for all courses
for which they have an average of C or better. Eligible students who receive credit,
or an incomplete, in progress, or normal progress grade for any course for which they
are enrolled shall not be entitled to any refund of tuition or fees paid. Eligible
students who do not receive an incomplete, in progress, or normal progress grade or
credit for a course in which they are enrolled shall be entitled to a full refund
of tuition and academic fees.
Refund requests are made at the Business Office. A credit balance can be refunded
to the student within 14 days after the credit balance is created. No refunds are
made to the student until all charges are paid.
Students receiving financial aid or funds from a third party might not personally
receive a refund check. Refunds may be credited against financial aid received or
to a third party and not to the student, regardless of how the bill was paid. For
example, if you withdraw from school and receive money back for your classes but have
picked up loan checks, your refund will be sent to your lender.
Direct Deposit is the preferred method for student refunds. This program allows you
to have your Student Account Refund deposited directly into your personal checking
or savings account. You may sign up for Direct Deposit of your refund checks through Self-Service. Click on the “Direct Deposit Refunds” link. If you do not want direct deposit, click
on “Student Personal Information” and enter a student refund address to where you
want your check mailed.
Refund Policy
Refunds for room and board are based on the percent of the enrollment period remaining
after the date of withdrawal. No refunds will be issued after 60% of the enrollment
period has been completed.
Students with withdraw, drop out, or are expelled from the University within the drop/add
period receive 100% refund of tuition and related fees.
Students who withdraw, drop out, or are expelled from the University after the 60%
point of the enrollment period will receive no refund.
Students who withdraw, drop out, or are expelled from the University after the drop/add
period and before 60% of the enrollment period has been completed may be entitled
to a refund as identified below:
Students Who Do Not Receive Federal Title IV Financial Aid
The refund shall be determined by computing the percentage of the enrollment period
remaining after the date of withdrawal times the tuition and fees originally assessed
the student. At no time will refunds be awarded after the 60% point of the enrollment
period.
Students Who Receive Federal Title IV Financial Aid (R2T4 Policy)
General Information
The US Department of Education requires institutions to apply the Return to Title
IV Funds policy for students withdrawing from a University who receive Title IV financial
aid. The Title IV programs include: Federal Pell Grants, Iraq and Afghanistan Service
Grants, TEACH Grants, Direct Loans, Direct Plus Loans, Federal Supplemental Educational
Opportunity Grants (FSEOGs), and Federal Perkins Loans.
The requirements for Title IV program funds when you withdraw are separate from any
refund policy that the school may have. Therefore, you may still owe funds to the
school to cover unpaid institutional charges. BHSU will charge the student for any
Title IV program funds that BHSU was required to return.
A student who withdraws after the 60% point of a semester is entitled to retain all
Title IV aid for that semester. However, if the student withdraws prior to the 60%
point of the term, unearned Title IV funds as determined by the federal policy must
be returned to the various programs. These funds must be returned even if the University
provides no refund to the student. This means the student could owe the University
and/or the U.S. Department of Education a significant amount of money.
Post Withdrawal Disbursement
If the student did not receive all of the funds that were earned prior to withdrawing,
a post-withdrawal disbursement may be due. If the student is eligible for a post
withdrawal disbursement of a grant, it must be disbursed within 45 days. If the post-withdrawal
disbursement includes loan funds, the student must give permission before the funds
can be disbursed. Students will be notified within 30 days of the date of the withdrawal
determination of any direct loan eligibility, or a parent for a Direct Parent PLUS
loan eligibility. The student and/or parent have 14 days to respond to this notification.
If the student or parent does not respond to this notification within that time frame,
the school is not required to make the post-withdrawal disbursement. BHSU may automatically
use all or a portion of the post-withdrawal disbursement of grant funds for tuition,
fees, and room and board charges. Permission is required to use the post-withdrawal
grant disbursement for all other school charges. If a post withdrawal disbursement
from a loan results in a credit balance, the credit balance will be refunded to the
student and/or the parent in the case of a Direct Parent PLUS loan as soon as possible,
but no later than 14 days after the credit balance has occurred. The school must
return the Title IV funds within 45 days of the date the school determines the student
withdrew.
Documenting Attendance
Before processing a Return to Title IV Funds, the University must verify the student
began attendance in all classes used to determine financial aid eligibility. The
University will contact all instructors to verify class attendance. If a faculty
member indicates that a student never attended, the University will first adjust the
disbursed aid if there is a resulting change in eligibility and then calculate the
Return of Title IV Funds. As a result, the student may end up owing the institution
for the amount of unearned aid. If the student never attended any classes, all aid
will be cancelled and the student billed for all outstanding charges.
Determining Earned Aid
Though your aid is posted to your account at the start of each semester, you earn
the funds as you complete the semester. Title IV financial aid is earned by the calendar
day, not class day. This includes weekends, holidays, and breaks of less than five
consecutive days. The University is required to determine the amount of Title IV
aid the withdrawing student has earned and then either disburse any additional funds
the student may be entitled to up to the amount earned, or return funds in excess
of the amount earned which the student has already received.
If you withdraw during your enrollment period, the amount of Title IV program assistance
that you have earned up to that point is determined by a specific formula. If you
received (or your school or parent received on your behalf) less assistance than the
amount that you earned, you may be able to receive those funds. If you received more
assistance than you earned, the excess funds must be returned by BHSU.
When a student receiving Federal Title IV financial aid withdraws from BHSU during
the enrollment period, the amount of the Title IV funds (not including Federal Work
Study) that the student earned during the enrollment period is calculated as of the
student's withdrawal date.
Title IV funds are earned at a fixed rate on a per day basis up to the 60 percent
point in the enrollment period. Title IV funds are 100 percent earned if the withdrawal
date is after the 60 percent point in that period.
If the date a student withdraws from BHSU is prior to or on the 60% point of the semester,
BHSU is required to determine the portion of the aid disbursed that was "earned" by
the student before the withdrawal date. The "unearned" Title IV funds must be returned
to the respective federal aid programs. Unearned aid is the amount of disbursed Title
IV aid that exceeds the amount of Title IV aid earned based on attendance in the enrollment
period.
For example: If $1000 in federal aid is disbursed, and the student withdraws at the
30% point of the term, $700 of the aid is unearned and needs to be returned to the
identified aid program.
The following formula is used to determine the percentage of unearned aid that has
to be returned to the federal government:
- The percent earned is equal to the number of calendar days completed up to the withdrawal
date, divided by the total calendar days in the payment period (less any scheduled
breaks that are at least 5 days long)
- The payment period is the entire semester. For students enrolled in modules (courses
which are not scheduled for the entire semester or term), the payment period only
includes those days for the modules(s) in which the student is registered.
- The percent unearned is equal to 100% minus the percent earned.
Order of Aid to be Returned
In accordance with federal regulations and BHSU policy, if you are eligible for a
refund of tuition and fees and housing/meal plan costs, and you are a Title IV aid
recipient for the enrollment period, the refund will be returned to the student aid
programs. Returned Title IV Funds are allocated in the following order:
- Direct Unsubsidized Loans
- Direct Loans (subsidized)
- Direct PLUS Loans (Graduate student)
- Direct PLUS Loans (Parent)
- Federal Pell Grants
- Iraq and Afghanistan Service Grant
- Federal SEOG
- TEACH Grant
- Other Federal Sources of aid
- Other State, Private and Institutional Aid
Grant Overpayment
Any amount of unearned grant funds that the student must return is called an overpayment.
The maximum amount of a grant overpayment the student must repay is half the grant
funds that were received or scheduled to receive. The student does not have to repay
a grant overpayment if the original amount of the overpayment is $50 or less. Arrangements
must be made with BHSU or the Department of Education to return the unearned grant
funds. The student will be notified of any grant overpayment within 30 days of the
date the school determined the student withdrew.
Notification to student
Once the Return to Title IV Funds calculation has occurred, the Financial Aid Office
will notify the student of the results of the calculation and the aid that was returned.
The Business Office will notify the student of any outstanding balance now due to
the institution as a result.
Credit balances when a student withdrawals
The school must determine the correct Title IV credit balance, taking into account
the results from both the Return to Title IV calculation and the institutional refund
calculation. If after the Return to Title IV funds and the institutional refund calculations
are applied to the student’s account and a credit balance results, the credit balance
will be disbursed as soon as possible but no later than 14 days after the date of
the Return to Title IV calculation is performed.
Unofficial withdrawals
Title IV aid recipients who fail to withdraw but stop attending class are considered
unofficial withdraws. The Return of Title IV Funds policy requires BHSU to calculate
the "earned" amount based on the last day of attendance of the semester. If the student
stopped attending prior to the 60% point of the term, the student will be billed for
the outstanding charges as a result of the Return of Title IV funds. Unofficial withdrawals
are processed within 30 days of determining the student was an unofficial withdrawal.