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Withdrawal Policy


The Withdrawal Policy Regarding Tuition and Fees states that students who pay their $200 enrollment deposit and register for classes for any given semester are obligated to pay full tuition and fees for that semester. If a student officially withdraws from the university during any semester, a portion of the tuition and fees may be reduced. For more information, read the Registrar's "Withdrawal Procedures" page. If you begin classes at CU-Boulder, receive financial aid, and then withdraw, your financial aid will be adjusted according to federal regulations. For students withdrawing prior to the start of classes, all aid will be forfeited.

REGULATIONS
Treatment of Title IV Financial Aid when a Student Withdraws
(34CFR 668.22).

The federal regulations state that you earn your aid based on the period of time you remain enrolled during the term. The following formula is used by the Office of Financial Aid to determine the percentage of aid earned:


   Number of enrolled days*
-----------------------------  = % of aid earned
   Total number of days in the 
   enrollment period*
*exclude scheduled breaks of 5 or more days

If your percentage of aid earned is greater than 60%, you are eligible for all of your aid for that specific semester/term. If your percentage of aid earned is less than 60%, you may be responsible for paying back all or a portion of your aid. Note: students who enroll in self-paced Independent Learning courses (online and correspondence), the calculation for days in the enrollment period begins on the first day of main campus (daytime) courses and ends on the last day of main campus courses. You will earn aid based on the number of days you remain enrolled during this period. For a calendar of the 2009-2010 main campus term dates, please visit the Registrar’s Webpage.

Return of Unearned Aid
(34 CFR 668.22 g, h, i)

The responsibility to return unearned aid is shared by the institution and the student.

The institutions share is the lesser of:

  • the total amount of unearned aid
  • the institutional charges multiplied by the percentage of aid that was unearned by the student

The student’s share is the difference between the total unearned amount and the institution’s share. The institution’s share is allocated among the Title IV programs, in an order specified by statute. The student share is then allocated among the Title IV programs in the order specified below. For students withdrawing after the drop-add period, the same return policy applies to state and institutional grants. For students withdrawing on or before the drop-add period; state and institutional aid will be cancelled in full. Return of institutional scholarships, athletic scholarships, private scholarships, and third-party scholarships is determined by the donor.

Funds are returned in the following order:

Title IV
  • Unsubsidized Stafford Direct Loan
  • Subsidized Stafford Direct Loan
  • Federal Perkins Loan
  • Federal Parent or Graduate PLUS Loan
  • Federal Pell Grant
  • Academic Competitiveness Grant
  • National Smart Grant
  • Federal Supplemental Educational Opportunity Grant (SEOG)
  • Other Federal Aid
  • Institutional and State Aid
  • Institutional Aid
  • Colorado Student Grant (Undergraduate/Graduate)
  • Other Aid
  • Institutional scholarships
  • Athletic scholarships
  • Private scholarships
  • Third party scholarships
  • This policy applies to students with financial aid who officially withdraw. It may also apply to those who stop attending classes without formally withdrawing.

    Examples of refund calculations are available upon request. Visit with a financial aid counselor for more information regarding your specific situation.


    APPEALS

    In the case of a prolonged illness, accident, death in the family, or other circumstances that make it impractical to complete the semester, you may submit an appeal through the Bursar’s Office. The Bursar’s Office reviews the information provided and determines a settlement that is reasonable and fair to both you and the university.


    BALANCES DUE

    If unearned aid results in a balance due, the Bursar’s Office will issue a new bill and notify you via your Colorado.edu email address. It is your responsibility to check your account balance and to repay any unearned aid. You may access and pay your bill online at CUConnect. You will have access to your Colorado.edu mailing address until census date of the term following your withdraw.

    Revised 9/14/2009

     

       
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