REFUND POLICY
Students not receiving Title IV financial aid are eligible for a refund only if they withdraw during the first week of class and complete the appropriate forms. The official date of withdrawal used to determine the amount of the refund is the date appearing on the withdrawal form. Refunds are calculated based on the following schedule:

Withdrawal before the start
date of the semester.........................100%

Withdrawal before the end
of the first week of classes............50%

No refunds are made if a student withdraws after the start of the second week of classes. Refunds are made on tuition and course fees only. No other fees are refundable.

REPAYMENT POLICY:

Students receiving federal financial aid, who completely terminate enrollment or stop attending all classes during a term for which payment has been received before completing more than 60 percent of the enrollment period, are subject to specific federal regulations.

The amount of Title IV aid that a student must repay is determined via Federal Formula for Return of Title IV funds as specified in Section 484B of the Higher Education Act. This law also specified the order of return of the Title IV funds to the programs from which they were awarded.

A repayment may be required when cash has been disbursed to a student from financial aid funds in excess of the amount of aid the student earned during the term. The amount of Title IV aid is determined by multiplying the total Title IV aid (other than FWS) for which the student qualified by the percentage of time during the term that the student was enrolled. If less aid was disbursed than was earned, the student may receive a late disbursement for the difference. If more aid was disbursed than was earned, the amount of Title IV aid that must be returned (i.e., that was unearned) is determined by subtracting the earned amount from the amount actually disbursed.

The responsibility for returning unearned aid is allocated between the College and the student according to the portion of disbursed aid that could have been used to cover College charges and the portion that could have been disbursed directly to the student once College charges were covered. Union County College will distribute the unearned aid back to the Title IV programs as specified by law. The student will be billed for the amount the student owes to the Title IV programs and any amount due to the College resulting from the return of Title IV funds used to cover College charges.