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Refund Schedule
New Refund Policy - EFFECTIVE FALL 2009
The board of Governors for the PA State system of higher Education (PASSHE) has issued a new refund effective beginning the fall 2009 semester. The policy is to be implemented for the 14 state univerisities.
Withdrawal From the University (or all coursework)/Approval To Move Off Campus:
Tuition, housing and miscellaneous fees will be adjusted according to the refund policy listed below. Dining is adjusted at a weekly rate.
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Fall 2009
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% Refunded
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Spring 2010
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Aug. 31 - Sept. 5
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100%
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Jan. 19 - Jan. 24
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Sept. 6 - Sept. 12
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80%
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Jan. 25 - Jan. 31
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Sept. 13 - Sept. 19
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60%
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Feb. 1 - Feb. 7
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Sept. 20 - Sept. 26
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50%
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Feb. 8 - Feb. 14
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Sept. 27 - Oct. 3
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40%
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Feb. 15 - Feb. 21
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| Oct. 4 - Dec. 18 |
No Refund
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Feb. 22 - May 7
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|
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Return of Title IV Federal Student Aid Policy
Students who withdraw from all classes prior to completing more than 60 percent of the payment period will have their Federal aid calculated based on the percentage of the term completed, which shall be calculated as follows:
#days completed by student
total # of days in term
The total number of calendar days in a term excludes any scheduled break of five days or more.
Unearned Federal aid (the amount that must be returned to the appropriate program) will be returned in the following order: Unsubsidized Stafford Loans, Subsidized Stafford Loans, Perkins Loans, PLUS loans, PELL Grant, and SEOG Grant.
Course Drop:
Tuition and miscellaneous fees will be adjusted at 100 percent through the drop period. There will be no reduction after the drop period.
Course Withdrawal:
There is no fee adjustment for course withdrawals; therefore, full payment is due to the University.
NOTE: There will be no financial adjustments for tuition and fees after the semester ends. All petitions should be initiated in a timely manner to allow for a decision prior to the end of a semester.