/Institutions/Cumberland-University/json/2022-2023/University-Policy-local.json

/Institutions/Cumberland-University/json/2022-2023/University-Policy.json

Policy > Student Financial Services > Withdrawal and Refund Drop Policy

Withdrawal and Refund Drop Policy

Withdrawal and Refund Drop Policy
Policy

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Document Number: SFS--107 Revision #: 2.0

Document Owner: Vice President for Finance

Date Originally Created: 11/30/2011

Last Updated: 09/07/2020

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General Description
Description: Information about the withdrawal and refund drop policy relative to Financial Aid.
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Policy Provisions
1. Withdrawal and Refund Drop Policy

When a student decreases the number of hours attempted during a term, a refund may be calculated based upon the official drop day as presented to the Registrar's Office. Credits are based on the tuition charge, not the amount paid. If the student is receiving financial assistance, credits will be returned to the financial aid accounts, including lenders of student loans, before any money is returned to the student.

Withdrawals from school for any reason during any term must be made by official notification to the Registrar’s Office. Failure to attend classes does not cancel enrollment.

The federal refund calculation policy will be used for students who have attended classes at Cumberland University and are receiving Title IV financial assistance. Withdrawals after the first day of classes will be calculated based on the number of days the student completes in the enrollment period. Withdrawal will be effective from the date which formal application for withdrawal is filed with the Registrar.

Specific dates pertaining to each of the following situations are listed in the current academic calendar and/or Cumberland University Register: 

The last day to register and add a class
The last day to drop a class with a grade of "W"
The last day to drop a class and receive a grade of "WP" or "WF"

Withdrawing from school and receiving a full refund
Withdrawing from school and receiving a 50% refund 
Withdrawing from school and receiving a 25% refund 
Withdrawing from school and receiving no refund 

Refund or credit on account of residence hall after registration must be approved by the Vice President for Facilities and Infrastructure. Refunds will be granted on a pro-rata basis when the student is to withdraw from the residence hall for a personal medical reason confirmed by a licensed physician, or at the request of Cumberland University management personnel for other than disciplinary reasons. No refund will be made other than under the above circumstances.