Undergraduate Catalog - University of Louisiana at Monroe
Undergraduate Catalog - University of Louisiana at Monroe
Undergraduate Catalog - University of Louisiana at Monroe
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2012-2013 UNDERGRADUATE CATALOG<br />
Division <strong>of</strong> Business AFFAIRS 59<br />
Students resigning with disciplinary action pending or<br />
those suspended for disciplinary reasons are not eligible<br />
for refunds.<br />
Refunds will be applied to any existing indebtedness to the<br />
<strong>University</strong> prior to disbursement to a student.<br />
REMEMBER: Students who have direct deposit will have<br />
funds available on the published d<strong>at</strong>e. All paper<br />
checks will be mailed.<br />
Tuition and Fees Refund Policy – SummeR<br />
A student who drops from classes from any part <strong>of</strong><br />
the Summer term will be given a 100% refund through<br />
the second day <strong>of</strong> class only. No further refunds for<br />
resign<strong>at</strong>ions are applicable. Students resigning with<br />
disciplinary action pending or those suspended for<br />
disciplinary reasons are not eligible for refunds. Refunds<br />
will be applied to any existing indebtedness to the<br />
<strong>University</strong> prior to disbursement to a student.<br />
RETURN OF TITLE IV FUNDS POLICY<br />
Students th<strong>at</strong> receive Title IV Financial Aid will be<br />
subject to the Return <strong>of</strong> Title IV Funds Policy if the student<br />
withdraws before completing 60% <strong>of</strong> the semester in<br />
which the student was disbursed Title-IV Aid.<br />
The Return <strong>of</strong> Title IV Funds calcul<strong>at</strong>es the student’s<br />
percentage <strong>of</strong> earned aid by using the following formula:<br />
The pro-r<strong>at</strong>a percentage <strong>of</strong> earned aid =<br />
number <strong>of</strong> calendar days <strong>at</strong>tended /<br />
number <strong>of</strong> calendar days in the<br />
enrollment period.<br />
The number <strong>of</strong> calendar days <strong>at</strong>tended is calcul<strong>at</strong>ed<br />
by counting from the first day <strong>of</strong> the semester to<br />
the students <strong>of</strong>ficial withdrawal d<strong>at</strong>e. The number<br />
<strong>of</strong> calendar days in the semester is calcul<strong>at</strong>ed<br />
by counting from the first calendar day <strong>of</strong> the<br />
semester/summer session to the last calendar day<br />
<strong>of</strong> the semester/summer session. Weekends and<br />
holidays (excluding Mardi Gras and Spring Break)<br />
are included in the number <strong>of</strong> calendar days.<br />
Note: Those students who stop <strong>at</strong>tending classes and<br />
do not <strong>of</strong>ficially resign from the <strong>University</strong> will also<br />
be subject to this policy. All pr<strong>of</strong>essors involved<br />
will be contacted to verify the last d<strong>at</strong>e <strong>of</strong> class<br />
<strong>at</strong>tendance.
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