Spring 2015 Withdrawal Refund Dates
Students dropping all courses and withdrawing from the University should obtain the Official Withdrawal and/or Leave of Absence form from the Office of the Registrar Learning Center Room 109. The student must obtain all signatures designated and return the form to the Office of the Registrar, Learning Center Room 109. The last day to officially withdraw is the last day of classes. Refunds are granted only in the event of a complete official withdrawal from Lander University according to the following schedule:
|Dates ||Percentage |
|Through January 16, 2015 ||100% |
|January 17 - January 22, 2015 ||90% |
|January 23 - February 9, 2015 ||50% |
|February 10 - March 6, 2015 ||25% |
|After March 6, 2015 ||NO REFUND |
No refunds or reductions of basic charges will be made when a full-time student drops to part-time status later than Friday, January 16, 2015. No refund will be made to part-time students for reduction of hours later than Friday, January 16, 2015. Refunds for Housing are based on a contractual agreement. Contact housing for more information.
Students who receive Title IV Funds (Federal Pell Grant, FSEOG, ACG, National SMART Grant, Perkins Loan, Federal Direct Loans (Unsub or Sub) or Federal Plus Loans) and withdraw completely from the University are subject to the Return of Title IV Funds regulations. Students with funds from any of these programs "earn" their financial aid dollars while enrolled. If a student withdraws prior to completing 60% of a term, a pro-rated portion of the federal financial aid dollars must be considered "UNEARNED" and returned to the federal programs. Unearned financial aid dollars, which have to be returned to the federal aid programs, could cause students to owe the university a significant amount upon withdrawal.
In addition to the amount of federal aid that Lander must return, students who received financial aid for other educational costs, including off-campus living expenses, may be required to repay a portion of those funds to the federal programs. Failure to return aid due to the federal aid programs will result in loss of eligibility for federal financial aid assistance.
Federal aid funds to be returned are distributed to the programs in the following order:
Unsubsidized Federal Direct Loan
Subsidized Federal Direct Loan
Federal Direct Parent Plus Loan