Feb 28, 2024  
2013-2014 Continuing Professional Studies Academic Catalog 
    
2013-2014 Continuing Professional Studies Academic Catalog [ARCHIVED CATALOG]

Finances


Failure to pay your account when due may result in a $100.00 to $250.00 late- payment fee and your suspension from classes, as well as withholding of grades, transcripts or degrees.

Refund Policy

Tuition: In case of voluntary withdrawal or dismissal from the College, a portion of the tuition may be refunded. Traditional, full-time students must notify the registrar in writing of their intent to withdraw from the College. The date this written withdrawal notification is received by the registrar, or the effective date, whichever is later, becomes the official withdrawal date and the basis for refund calculation. Such refunds, assuming that all financial obligations for the semester have been met, will be computed as follows:

Fall 2013  
   
15-Week Courses  
Withdrawal Period Tuition Refunded
Aug 26 - Sept 4 90%
Sept 5 - Sept 19 50%
Sept 20 - Oct 29 25%
After Oct 29 No refund
   
7-Week Courses  
Withdrawal Period Tuition Refunded
Week 1 90%
Week 2 50%
Week 3 25%
Week 4 25%
After Week 4 No refund
   
5-Week Courses  
Withdrawal Period Tuition Refunded
Week 1 50%
Week 2 25%
After Week 2 No refund
   

 

Refunds - Federal Financial Aid: The responsibility for returning unearned Title IV aid is shared between Champlain College and you. It is allocated according to the portion of disbursed aid that could have been used to cover College charges and the portion that could have been disbursed directly to you once those charges are covered.

Champlain College will distribute unearned aid back to the Title IV programs, as specified by law. You will be billed for the amount that you owe to the Title IV programs, as well as for any amount due to the College as a result of Title IV aid that was returned that would have been used to cover College charges.

Students and parents should also be aware that under federal regulations, any refund due as a result of withdrawal from the College must first be applied to repayment of ineligible federal loans and grants. Any remaining credit is then refundable to the student. In compliance with these regulations, refunds would be applied in the following order:

1. William D. Ford Direct Unsubsidized Loans

2. Direct Subsidized Loans

3. Direct Parent PLUS Loans

4. Federal Perkins Loan

5. Federal Pell Grant

6. Federal SEOG Grant

7. State Grant

8. The student

 

Health Insurance: The health and accident insurance fee will be refunded or credited only upon presentation of written evidence on or before August 30, 2013 that the student already is covered by other insurance carriers. As evidence, the name of the insuring company, the policy or certificate number, and the name of the insured must be furnished through the College online insurance cancellation system. Information on cancellation will accompany the June bill, and the cancellation must be completed before a refund or credit is made.