Five Week Semester Courses All Programs 2013-2014
Use the following tables to determine the amount of your refund based on the date you withdraw.
Fall 2013
|
1st 5-Week Session |
2nd 5-Week Session |
3rd 5-Week Session |
|---|
Refund |
Date of Withdrawal |
Date of Withdrawal |
Date of Withdrawal |
100% |
Sept 04 - Sept 05 |
Oct 09 - Oct 10 |
Nov 13 - Nov 14 |
50% |
Sept 06 - Sept 08 |
Oct 11 - Oct 13 |
Nov 15 - Nov 17 |
No Refund After |
September 8, 2013 |
October 13, 2013 |
November 17, 2013 |
Spring 2014
|
1st 5-Week Session |
2nd 5-Week Session |
3rd 5-Week Session |
|---|
Refund |
Date of Withdrawal |
Date of Withdrawal |
Date of Withdrawal |
100% |
Feb 03 - Feb 04 |
Mar 08 - Mar 09 |
Apr 22 - Apr 23 |
50% |
Feb 05 - Feb 07 |
Mar 10 - Mar 12 |
Apr 24 - Apr 26 |
No Refund After |
February 7, 2013 |
March 12, 2013 |
April 26, 2013 |
Policies
Fees
At the end of the 100 percent refund period, the full amount will be charged for course fees and student activity fees.
Refunds of Excess Financial Aid
Excess financial aid refunds are processed beginning 14 days after disbursement. Initial disbursement from the Financial Aid Office is usually completed on the first day of classes and continues throughout the semester. All refunds must be processed electronically by setting up an E-Refund account in KatePay. Checking or savings account information can be entered in KatePay with the account designated to receive refunds. See the Student Accounts Student Resources tab for additional information.
Students are encouraged to monitor their KatePay account online to verify a refund has been issued. If an Electronic Refund has been processed, the balance on your account will be zero and your recent activity will indicate, “Electronic Student Refund."
In the event that a refund check is printed and not received after being mailed, students must wait 3 weeks or a $35 stop payment/reissue fee charge will be assessed on the student account and could reduce the refund amount.
Any refund balance that results from using American Express, Discover, MasterCard or Visa will be credited directly to the credit card.
Withdrawal
If a student withdraws from school, makes changes to their registration and/or room and board after receiving a refund, the student may be required to repay all or a portion of the refund amount back to St. Kate's. Repayment should be made immediately.
Federal Refund Policy
The "Return to Title IV Funds" policy applies to any student who receives federal Title IV funding and withdraws. The Return to Title IV funds formula determines the amount of Title IV funds a student has earned at the time the student ceases attendance, and the amount of Title IV funds a student must return. The amount of Title IV funds a student earns is a proportional calculation based on the amount of time the student attends school through the 60 percent of the term.
If a student ceases to attend school after 60 percent of the term, the student earns 100 percent of the Title IV funds. If an unofficial withdrawal is determined (all failing and/or non credit grades), the 50 percent date of the term is used as the last date of attendance to calculate refunds if the last date of attendance is unknown.
Non-Federal Refund Policy
Refunds for state aid programs and non-state aid programs are calculated on a proportional basis using the state mandated or institutional refund policy. To calculate the minimum refund due to the Minnesota State Grant Program (Minnesota Child Care and CSC Child Care Grants), the SELF Loan Program, and other aid programs (with the exception of the State Work Study Program), the MOHE Refund Calculation Worksheet is used. Please contact the Financial Aid Office for the complete policy.