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Summer Refund Policy

Summer 2008

The withdrawal process is initiated at the Registrar's office through the filing of a withdrawal form, which must be finished in its entirety to complete the withdrawal process.

Refunds are based on Quinnipiac University Policy and The Return of Unearned Title IV Funds as required by the U.S. Department of Education.

For purposes of clarification and for reference, the policies described below have been categorized into two groups: (1) Quinnipiac University Policy, and (2) Return of Unearned Title IV Funds - Federal Policy.

Federal guidelines require that any unearned Title IV funds be returned to the program(s) that provided the aid. The required order of returning refunds is as follows: Title IV, HEA programs, other federal & state programs, University grants, private or institutional financial assistance and finally to the student. Examples of refund calculations are available upon request.

QUINNIPIAC UNIVERSITY UNDERGRADUATE REFUND POLICY
The policy described below gives consideration to two groups (1) prior to the start of classes and (2) after the start of classes.

A. REFUND POLICIES, PRIOR TO THE START OF CLASSES
A student who completes registration for either summer session and renders all prescribed fees but withdraws from Quinnipiac prior to the start of the first class period will forfeit an administrative fee of $25 and the registration fee of $25. The balance on account is refunded.

In all instances noted above, any balance on the account, less financial aid, will be refunded.

B.  REFUND POLICIES, AFTER THE START OF CLASSES
In accordance with the following schedules, a student enrolled in either summer session who withdraws from Quinnipiac after the start of the session will receive a refund of tuition only, less an administrative fee of $25.

5-Week Sessions Summer I & II

Refund Schedule for Summer Day Classes

Withdrawal

Refund

During/after class 1, 2, 3 and 480%
During/after class days 5 and 650%
During/after class days 7 and 830%
During/after class day 90%



5-Week Sessions Summer I & II

Refund Schedule for Summer Evening Classes

Withdrawal

Refund

During/after class 1 and 280%
During/after class day 350%
During/after class day 430%
During/after class day 50%


7, 8, 9 and 10 Week Sessions

Refund Schedule for Summer Evening Classes

Withdrawal

Refund

First week80%
Second week60%
Third week40%
Fourth week20%
Fifth week0%


Accelerated Nursing Program
Students participating in the accelerated nursing program will follow the refund policy listed below.

Withdrawal Between May 19 and May 25$10,000
Withdrawal Between May 26 and June 1$8,700
Withdrawal Between June 2 and June 8$7,400
Withdrawal Between June 9 and June 15$6,100
Withdrawal Between June 16 and June 22$4,700
Withdrawal Between June 23 and June 29$3,800
Withdrawal Between June 30 and July 6$2,800
Withdrawal Between July 7 and July 13$1,900
Withdrawal Between July 14 and July 20$900
Withdrawal on or after July 21$0


The date of withdrawal for purposes of calculating the refund is the date on which the student makes formal application for withdrawal to the registrar's office. The refund schedule listed above is applied regardless of the reason for withdrawal, including medical reasons.


DISMISSALS AND SUSPENSIONS
A student who is either dismissed or suspended by the University for any reason during either academic semester will receive a refund based on the applicable refund percentage in effect at the time of the student's dismissal or suspension.  In addition, a student who is dismissed or suspended will be charged all administrative fees and board fees as prescribed.

NO-RISK ENROLLMENT WITHDRAWALS

Summer Session I
New students registered for their first course at Quinnipiac for the Summer Session I semester will receive a full tuition refund if withdrawal is completed within one week from the start of classes. The regular withdrawal policy noted above will be in effect for withdrawals after the one week cutoff.  The no-risk enrollment form is available in the part-time admissions office or the graduate admissions office and must be returned with your registration form if you wish to take advantage of this option.

Summer Session II
New students registered for their first course at Quinnipiac for the Summer Session II semester will receive a full tuition refund if withdrawal is completed within one week from the start of classes. The regular withdrawal policy noted above will be in effect for withdrawals after the one week cutoff.  The no-risk enrollment form is available in the part-time admissions office or the graduate admissions office and must be returned with your registration form if you wish to take advantage of this option.

RETURN OF TITLE IV FUNDS
In addition to the University's refund policy that prorates tuition charges, the University is obliged to return to the federal government that portion of federal aid that is unearned. An award of Title IV funds is based on a payment period or term.

Please note: It is important to understand that if your withdrawal date is on or before the completion of 60% of the semester, "unearned aid" will result. If you have received a refund as a result of aid applied to your account prior to your withdrawal date, you will have a balance due the University on your student account.

The University must determine the following:

  1. The official date of withdrawal. A student must formally withdraw at the Registrar's Office. For leaves of absence the process begins at the Office of the School Dean. The date of withdrawal must be documented.
  2. The payment period, term identified
  3. The aid that has been disbursed or could have been disbursed.
  4. The percentage of federal aid earned by the student as of the withdrawal date.
  5. The percentage of Title IV aid that has not been earned by the student.
    • The percentage of a payment period completed is determined by dividing the number of calendar days in the payment period into the number of calendar days completed as of the withdrawal date.
  6. The University will notify the student or parent if the student is eligible for a post withdrawal disbursement.
    • The offer, (if eligible) of post withdrawal disbursement, will be made in writing within 30 days of the withdrawal date.
    • The student must respond within 14 days of the notification.
    • The University will disburse funds within 90 days of the date of withdrawal.
    • If the student (or parent) does not respond, no portion of the late disbursement that is not credited to the student's account will be disbursed.
    • The student will be notified electronically or in writing of the outcome of the late disbursement.

The total amount of unearned assistance to be returned is the lesser of (a) the total amount disbursed minus the total amount earned or (b) the institutional charges time the percentage of aid unearned. The student is responsible for returning the remainder of unearned aid that is calculated by taking the total of unearned aid and subtracting the amount the University is required to return.

The student retains Title IV eligibility for 45 days during which the student must:

  • Repay in full.
  • Make satisfactory arrangements to repay the University.
  • Make satisfactory arrangements to repay the US. Dept. of Education.

The University is required to report all overpayments to NSLDS and must report within 30 days after:

  1. The student takes timely action on the options offered.
  2. The student fails to repay the overpayment or sign an agreement with the University within a 45 day period.
  3. The student fails to meet the terms of the agreement signed with the school.

Title IV funds must be returned in the following order:

  1. Unsubsidized Federal Stafford Loans
  2. Subsidized Federal Stafford Loans
  3. Perkins Loans
  4. Federal Plus Loans
  5. Direct Plus Loans
  6. Federal Pell Grant
  7. Academic Competitiveness Grant
  8. National SMART Grant
  9. Federal SEOG
  10. Other Title IV assistance (State funds will also be returned if the state agency notifies the University that these funds are LEAP Funds.