The applicable refund will be calculated if the student does not complete registration or either officially or unofficially withdrawals. Based on this information, the federal formula is applied to determine what amount, if any, to be refunded to the student, or what amount the student must refund to the institution for repayment to the federal government. For purposes of determining a refund for students when the pro-rata calculation does not apply, the institution s refund policy adheres to the standards contained in the Federal refund policy stated in Section 668.22. Under this policy, room and board charges are refunded according to the same percentage as the tuition refunds. When a Title IV recipient who has received a cash disbursement for non-institutional costs ceases attendance, the Financial Aid Office will determine whether the student is entitled to all of the cash received.
Costs are pro-rated according to the number of weeks the student was in attendance.
Richard, a returning student at NCCC, was enrolled for the spring semester. The semester began January 9th and concluded on May 15th, for a semester length of 81 days. He enrolled for 10 credit hours. It was determined that Richard received all unsuccessful grades at the end of the semester. Therefore, an unofficial withdrawal refund was calculated.