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    Lackawanna College

    Admissions

    Refund policy

    Summer 2014 Refund Policy

    Summer Session I (May 27 -June 28, 2014)

    • For classes dropped on or before May 27, 2014, 100% of tuition and course fees will be credited to your account. Only the $35.00 application fee will be retained.
    • For classes dropped between May 27 and May 28, 2014, 75% of tuition will be credited to your account.
    • For classes dropped between May 28 and May 29, 2014, 50% of tuition will be credited to your account.
    • For classes dropped between May 29 and May 30, 2014, 25% of tuition will be credited to your account.
    • After May 30, 2014, no credit is due.

    Summer Session II (July 7 – August 8, 2014)

    • For classes dropped on or before July 7, 2014, 100% of tuition and course fees will be credited to your account. Only the $35.00 application fee will be retained.
    • For classes dropped between July 7 and July 8, 2014, 75% of tuition will be credited to your account.
    • For classes dropped between July 8 and July 9, 2014, 50% of tuition will be credited to your account.
    • For classes dropped between July 9 and July 10, 2014, 25% of tuition will be credited to your account.
    • After July 10, 2014, no credit is due.

    If a student’s financial aid is impacted negatively because of withdrawal or drop/add adjustments, the student will remain responsible for any balance owed and any costs incurred by the College to collect the monies owed.
    The effective date of withdrawal is the date that written notice of withdrawal is received by the Registrar’s Office. In the event a student is requested to withdraw from the College for scholastic or disciplinary reasons, the standard refund policy applies.

    All accounts with credit balances will be issued refund checks by the end of the semester and mailed to the address on file.

    State Guidelines

    Pennsylvania and other state’s grants will be adjusted in accordance with the agency’s stated guidelines. PHEAA Grant funds are generally reduced by the same percentage as the tuition reduction received by students who withdraw from their programs of study. However, it should be noted that PHEAA reserves the right to make the final decision on the percentage of the reduction.

    Federal Guidelines

    In accordance with federal regulations, students who receive federal financial aid and withdraw from Lackawanna College during the first 60% of a semester will have their federal financial aid adjusted based on the percentage of the semester completed prior to the withdrawal. Students will be entitled to retain the same percentage of the federal financial aid received as the percentage of the semester completed. This percentage is calculated by dividing the number of days in the semester (excluding breaks of five days or longer) into the number of days completed prior to the withdrawal (excluding breaks of five days or longer). The date of withdrawal will be based on the official date of withdrawal or the last day of documented class attendance as determined by the Registrar. Once the amount of federal funds to be returned has been calculated, the funds will be returned in the following order:

    • Unsubsidized Federal Direct Student Loans
    • Subsidized Federal Direct Student Loans
    • Federal Direct Parent Loan for Undergraduate Students (PLUS)
    • Pell Grants
    • Federal Supplemental Educational Opportunity Grants (FSEOG)

    The amount to be returned to a specific federal program may not exceed the total amount awarded from that program.