Summer Refund Schedule 2009
Use the following tables to determine the amount of your refund based on the date you withdraw.
St. Paul: Baccaulaureate and Graduate
| |
Full Term |
1st Half Term |
2nd Half Term |
| Refund |
Date of Withdrawal |
Date of Withdrawal |
Date of Withdrawal |
| 100% |
June 1 - 7 |
June 1 - 7 |
July 6 - 12 |
| 75% |
June 8 - 14 |
June 8 - 10 |
July 13 - 15 |
| 50% |
June 15 - 20 |
June 11 - 14 |
July 16 - 19 |
| No Refund After |
Jun 20, 2009 |
Jun 14, 2009 |
Jul 19, 2009 |
Minneapolis: Associate and Graduate
| |
Full Term |
1st Half Term |
2nd Half Term |
| Refund |
Date of Withdrawal |
Date of Withdrawal |
Date of Withdrawal |
| 100% |
June 1 - 7 |
June 1 - 7 |
July 20 - 22 |
| 75% |
June 8 - 14 |
June 8 - 10 |
July 23 - 24 |
| 50% |
June 15 - 20 |
June 11 - 14 |
July 25 - 28 |
| No Refund After |
Jun 20, 2009 |
Jun 14, 2009 |
Jul 28, 2009 |
Policies
Fees: At the end of the 100 percent refund period, the full amount will be charged for course fees and student activity fees.
January Term Refund Policy: January-term courses are only refundable through the first day of the course.
Refunds: Excess Financial Aid refunds begin being processed 14 days after disbursement and are made by check on Tuesday's and Friday's. Saint Paul student refunds can be picked up at the Student Accounts office after 2 p.m. the day they are processed. Checks that are not picked up within two weeks are automatically mailed. All Minneapolis student refunds are mailed the day they are processed.
Monitor your KatePay account to see if you have a credit balance on your student account. Allow three weeks for delivery.
If a check must be reprinted prior to the three-week waiting period, a $35 stop payment/reissue fee charge will be assessed. 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 after receiving a refund check, the student may be required to repay all or a portion of the refund amount back to the University.
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.