If you are receiving financial aid and the withdraw from Wilberforce University, a portion of your financial aid may need to be repaid to the Federal funds or sources of aid. The amount of federal aid to be repaid is determined by the University's Refund Policy or the "Pro-Rata" Refund Policy (when the Pro-Rata Refund Policy is used is defined below) and the Distribution formula for Title IV Funds and Refunds to title IV (Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Perkins Loan, and Federal Stafford Student Loan Programs).
The amount to be returned to Title IV programs will be determined by multiplying the Institutional Refund or Pro-Rata Refund Policy by the following result:
Total Title IV aid (exclusive of work) awarded for the payment period divided by the Total Amount of Aid (exclusive of work earnings) awarded for the payment period.
- Is a first time student (preliminary guidance at this time is that a first time student is one who is enrolled for the first time at Wilberforce University. It does not include transfer students. The designation as a "first time student" will probably last until the end of the student's first term at Wilberforce Uninversity.
- Withdraws within the first six months of the program.
- Received federal family educational loans.
The University will use either its formula or the above formula depending on your status when you withdraw.
Full-time students who withdraw from the University or drop to part-time status or part-time students who drop a course(s) may be entitled to a refund of all or a percentage of their tuition and fees. The University must anticipate for fiscal reason that enrolled students will complete the term to which they are admitted. However, should it be necessary for any valid reason to withdraw prior to the end of a term, students MUST return a completed withdrawal form to the Office of the Registrar. The date of receipt of the withdrawal notice by the Registrar’s Office will determine the amount of tuition and fees that will be refunded.
The amount of tuition and fees to be refunded is determined using the following schedule:
Date of Official Withdrawal, Suspension, or Dismissal |
Percentage of Tuition and Fees |
Before 1st class meets
During the 1st week of class
During the 2nd week of class
During the 3rd week of class
During the 4th week of class
After the 5th week of class
|
100%
90%
75%
65%
50%
0%
|
Room and Board refunds are calculated on a daily based. Charges incur from the first day of classes until all personal items are removed from the premises and the official withdrawal form is received by the Registrar’s Office.
The refund to the Title IV programs will be allocated in the following manner:
- A. FEDERAL FAMILY EDUCATIONAL LOANS (FFEL) PROGRAMS (THE PART B LOANS)
- B. DIRECT LOANS
- C. FEDERAL PERKINS LOANS
- D. FEDERAL PELL
- E. FEDERAL SEOG
- F. OTHER TITLE IV ASSISTANCE
- G. STUDENT
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