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Fall Session 2015

Course Length
Week of Drop and Percent of Refund

1 - 14 weeks

September 9th - September 22th: 100%

September 23th - October 6th: 50%

After October 6th: None

1 - 17 weeks

September 9th - September 22th: 100%

September 23th - October 6th: 50%

After October 6th: None

1 - 7 weeks

September 9th - September 15th: 100%

September 16th - September 22th: 50%

After September 22th: None

8 - 14 weeks

October 28nd - November 3rd: 100%

November 4th  - November 10th: 50%

After November 10th: None

Interim (15 - 17 weeks)

January 4th - January 10th: 100%

January 11th - January 17th: 25%

After January 17th: None


Spring Session 2016

Course Length
Week of Drop and Percent of Refund

1 - 14 weeks

February 1nd - February 14th: 100%

February 15th - February 28th: 50%

After February 28th: None

1 - 17 weeks

February 1nd - February 14th: 100%

February 15th - February 28th: 50%

After February 28th: None

1 - 7 weeks

February 1nd - February 7th: 100%

February 8th - February 14th: 50%

After February 14th: None

8 - 14 weeks

March 28th - April 3rd: 100%

April 4th - April 10th: 50%

After April 10th: None

Interim (15 - 17 weeks)

May 16th - May 22th: 100%

May 23th - May 29th: 25%

After May 29th: None

 

NOTE: Failure to sumbit a withdrawal form to the Registrar's Office, for complete withdrawal from all classes may result in fees being assessed.

**Remember dropping all classes on TitanWeb DOES NOT mean you have dropped out of UWO. You MUST complete the withdrawal form and submit it to the Registrar's Office. If you have any questions regarding your financial obligations after you have dropped out of classes please contact the Student Accounts Office (sa@uwosh.edu or 920-424-1332).

 

1. CAUTION: Dropping and adding classes may increase your cost. Dropped courses after the 100% refund periods are included in the total credits used for fee calculation. Course drops and adds after the 100% refund periods do not offset each other for cost purposes; therefore, your semester cost may increase.

2. The University does accept Wisconsin Higher Education Bonds; however, presentation of the bond(s) for redemption does not constitute payment on account. The student may be subject to all fines, penalties and administrative action. Bonds should be presented for redemption at least 45 days prior to the start of classes.

3. In those instances in which a student can document nonattendance at the institution after having enrolled in one or more courses, the student shall be assessed fees equal to 20% of the original fees due, reduced to resident rates, plus the late payment fee.

 

Federal Financial Aid Return Policy for Withdrawals

Approximate percentages

 

Prior to Term Begins
Week   1
Week   2
Week  3
Week 4
Week 5
Week 6
Week 7
Week 8
Week 9
Week 10

100%

94%

 88%

82%

76%

71%

65%

 59%

53%

 47%

41%

 

*  The percentages reflect the percent of financial aid that must be returned by the University.

 

University Refund Policy for Withdrawals**

 

Class
Schedule

Prior to Term Begins
Week 1
Week 2
Week 3
Week 4
After Week 4
14 weeks
100%
100%
100%
50%
50%
0%
7 weeks
100%
100%
50%
0%
0%
0%

 

* The percentages reflect the percent the tuition cost will be reduced as a result of the withdrawal.

 

These schedules do not match; therefore, the student will owe the University the difference between the refund percentage and the return percentage.


Example:
A student is enrolled in 12 credits.

The fees are $2490.48.

The financial aid disbursed to pay these fees was $2667.50 in a Stafford Loan.

The student withdraws from the credits at the end of the third week, Sept 27.

He has attended 21 days or 18% of the semester (21 days attended/115 days in semester) and therefore has earned 18% of the aid disbursed to him (.18*$2667.50=$480.15).

The total amount of aid to be returned is the amount disbursed less the amount earned, $2187.35 ($2667.50-$480.15=$2187.35).

The University must calculate the portion of the total unearned aid that it must return from the students account.

Fees are therefore unearned and $2042.19 ($2490.48*.82=$2042.19).

The university’s refund policy states that through week 3 the university will refund 50% of the tuition fees, which in this case is $1245.24.

The university is required to refund $2042.19 to the loan but the student’s account only has $1245.24 in available credit.

When the university returns the $2042.19, the student will owe the university $796.95.

 

Notes

  1. CAUTION: Dropping and adding classes may increase your cost. Dropped courses after the 100% refund periods are included in the total credits used for fee calculation. Course drops and adds after the 100% refund periods do not offset each other for cost purposes; therefore, your semester cost may increase.

  2. The University does accept Wisconsin Higher Education Bonds; however, presentation of the bond(s) for redemption does not constitute payment on account. The student may be subject to all fines, penalties and administrative action. Bonds should be presented for redemption at least 45 days prior to the start of classes.

 

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by Poff, Susan L. last modified Aug 20, 2015 11:00 AM
Contact Us:

Hours: 8:30 a.m.–4 p.m., Monday–Friday

Location: 236 Dempsey Hall

Phone: (920) 424-1332

E-mail: sa@uwosh.edu