Section

Business Office

Fall 2007 Withdrawal Schedule

 
Fall 2007 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 122.  The student must obtain all signatures designated and return the form to the Office of the Registrar, Learning Center Room 122.   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 August 22, 2007 100%
August 23 - August 27, 2007 90%
August 28 - September 13, 2007 50%
September 14 - October 12 2007 25%
After October 12 2007 NO REFUND

 

No refunds or reductions of basic charges will be made when a full-time student drops to part-time status later than Wednesday, August 22, 2007.  No refund will be made to part-time students for reduction of hours later than Wednesday, August 22, 2007.  Refunds for Housing are based on a contractual agreement.   Contact housing for more information.

 

*********Important Notice*********

Students who receive Title IV Funds (Federal Pell Grant, FSEOG, ACG, National SMART Grant, Perkins Loan, Federal Stafford Loans (Unsub or Sub) or Federal Plus Loans (Unsub or Sub)) 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 FFEL/Direct Loan
Subsidized FFEL/ Direct Loan
Perkins Loan
FFEL/Direct Grad Plus Loan
FFEL/Direct Parent Plus Loan

Pell Grant
ACG

National SMART Grant

Federal SEOG


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