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*Cost of school insurance
for 27 months. Cost is estimated on age of
student. **Cost will vary
depending on the equipment selected by the
individual student.
***Housing costs not included.
****Students should wait until admitted to the
program before purchasing the PDA.
Refund of Institutional Tuition, Room and
Board Charges
LMU operates with an annual budget developed
through advance planning built around the
institutional mission and goals, including
financial obligations to faculty and others who
provide necessary services essential for
operation. In the event a student drops one or
more classes, withdraws, or is administratively
dismissed from the University for disciplinary
or financial reasons after registration is
completed and prior to the end of a semester of
enrollment, the student's eligibility for a
refund of tuition and/or room and board will be
pro-rated as indicated by refund policy. A
student must complete a Change of Schedule form,
obtained from the Office of the Registrar for
dropping one or more classes. Any situation in
which all classes are dropped is considered to
be a withdrawal from the University. Any
notification of withdrawal and request of refund
must be made in writing. Should the student fail
to officially withdraw, all semester charges
will become immediately due and payable.
The official withdrawal process begins in the
Office of Student Services. A withdrawal form
must be completed and all the necessary
signatures obtained. Oral requests do not
constitute official notification. The
official date of withdrawal used to compute the
refund is determined by the Office of Finance.
Reimbursement of Funds
According to federal laws and regulations
LMU-DCOM will calculate a refund of tuition for
any student who withdraws.
The Return of Title IV Funds (federal):
The Higher Education Amendments of 1998 regulate
how colleges and universities handle Title IV
funds when a recipient withdraws from school.
This policy is separate from the university's
refund of institutional charges. The return of
Title IV funds includes Pell Grants, Federal
Supplemental Educational Opportunity Grants,
PLUS Loans, Perkins Loans and Stafford Loans.
The policy states that up through the 60% point
in each semester a pro-rata schedule will be
used to determine how much Title IV aid the
student has earned. For example, if the student
has attended 31% of the enrollment period, the
student has earned 31% of his/her Title IV aid,
and 69% of the aid must be returned to the
federal government. After the 60% point in the
semester, the student has earned 100% of the aid
for which the student was eligible. Additional
information on the return of Title IV funds may
be obtained from the Office of Admissions and
Student Advancement.
The official date of the withdrawal is the date
that the Office of Admissions and Student
Advancement receives the student's written
request for a leave. The percentage of time
completed in the enrollment period is determined
by dividing the number of days completed by the
number of days in the enrollment period. If 60%
of the semester has been completed there is no
return of Title IV funds.
Applicable institutional charges for fall and
spring semesters will be refunded according to
the following schedule:
Refund Schedule
Through the first official day of classes 100%
After the first official day of classes & during
the first week of the semester 90%
During the second week of the semester 75%
During the third week of the semester 50%
During the fourth week of the semester 25%
After the fourth week of the semester 0%
No refund of institutional charges will be made
after the fourth week of the semester.
Specific dates affecting the schedule of refunds
appear in the Class Schedule and/or the
Office of Student Affairs, the Registrar's
Office and the Office of Finance.
Refund schedules pertaining to summer and mini
terms are adjusted to the varying length of the
terms.
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