Revised Policy Effective June 1, 1999
PROCEDURES
Students withdrawing from the University or dropping semester credit hours which result in a change in the assessment of fees will be eligible for a refund of fees based on the dates and conditions listed hereafter. No refund can be made on certain fees and optional fees as established by the Kentucky State University Board of Regents. The date of completion of the withdrawal/ drop determines the percent of refund for which the student is eligible. A withdrawal/drop is complete when the necessary form(s) have been completed and returned to the designated office.
TIME PERIOD/REFUNDS
For purposes of calculating refunds, "weeks" are counted as seven-day periods beginning with the first day of classes for the semester.
Refunds will be issued on canceled classes and early withdrawals. Refunds to be issued from PELL, SEOG, and KHEAA Grants will be issued within two weeks from the date funds are applied to the student’s account. Questions concerning refunds should be directed to the Bursar’s Office (ASB 3rd Level).
TUITION AND FEE REFUND POLICY
As required by Federal Regulations, the University shall return all or a portion of the Title IV aid awarded to the appropriate Title IV account if the student officially withdraws, drops out, takes an unapproved leave, is expelled, or otherwise fails to complete the period of enrollment for which he or she was charged.
Kentucky State University will perform a refund repayment calculation for all students who receive Title IV aid. Students who do not receive Title IV aid will be processed in accordance with the published refund schedule.
Effective
July 1, 1993 , the regulations mandated the following refund distribution formula:
Unsubsidized Federal Direct Stafford Loans
Subsidized Federal Direct Stafford Loan
Federal Direct PLUS Loans
Federal Perkins Loans
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant (FSEOG)
Other Student Financial Assistance Programs
Other federal, state, private, or institutional sources of aid
The Student
If a student receives a cash refund and then withdraws from school, he/she must repay a portion of the amount received. Students whose accounts were " paid in full" are likely to end up owing the institution after withdrawal.
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