Graduate School - The University of Akron

26 The University of AkronA graduate student who has already received a bachelor's degree can apply forthe Federal Subsidized and Unsubsidized Stafford Loan. The Federal Pell Grant,Ohio Instructional Grant and Federal Supplemental Educational Opportunity Grantmay not be received. Postbaccalaureate students may only apply for Subsidizedand Unsubsidized Stafford Loans.Installment Payment PlanThis plan is des1gned to spread registration and University housing fees into asmany as four installments (two during a summer term) depending on when theapplication is received. An Application Service Charge of $17 per contract for registrationfees and $17 per contract for University housing fees is assessed for theInstallment Payment Plan (IPP) If a payment is not received on the due date, alate payment penalty IS assessed at $20 per payment for registration fees or $40per payment if University housing is included. These fees are subject to change.For applications received up to and including the published semester fee deadline,a 3Q-percent down payment is required with three follow-up installments at 20percent, 25 percent and 25 percent respectively. Applications received after thefee deadline and up to the first day of classes will require a 50-percent down paymentwith two follow-up installments of 25 percent each. For summer terms, thedown payment is 30 percent plus one installment at 70 percent or less, dependingon the amount of direct application. If the direct application of financial aid forthe fall or spring semester is greater than 30 percent and is used as a down payment,the remaining balance will be billed in one, two or three equal payments,depending on when the student registers. Installments are billed monthly startingapproximately 30 days after the start of classes.Financial aid may be used to pay the down payment. If the amount of aid isgreater than the requ1red down payment, the entire aid amount must be used asthe downpayment. The remaining installment balance will be billed either in twoor three equal payments, depending on the registration period.Applicat1on forms are included with the Student Fee Invoice or may be obtainedin Spicer Hall 105 or by calling (330) 972-5100.Graduate AssistantshipsGraduate assistantships may be available through various graduate degre8i)rantingacademic units. Graduate assistantships and other graduate awards are distributedto the colleges through the Graduate School; therefore, a separateapplication is required. For further information, contact the Graduate School, PoiskyBuilding, room 469, (330) 972-7663.International StudentsAn international student in the United States on a student or other temporary visais not eligible for any state or federal financial aid. Application for scholarships,short-term loans, graduate assistantships, and some types of employment maybe made.Regulations RegardingRefundsAll fees, e.g., instructional, general, parking, etc., are subject to change withoutnotice. Students shall be charged fees and/or tuition and other fees in accordancewith schedules adopted by the Board of Trustees. Registration does not automaticallycarry with it the right of a refund or reduction of indebtedness in casesof failure or inability to attend class or in cases of withdrawal. The studentassumes the nsk of all changes in business or personal affairs.-if the student dies before or during the term; is drafted into military service bythe United States; is called to active duty; or if the student enlists in theNational Guard or Reserve prior to the beginning of the term. Notice of inductionor orders to active duty is required if the student is called to active duty.A student who enlists voluntarily for active duty should see "in part" below.• In part- less $5 per enrolled credit to a maximum of $50 if the student requests officialwithdrawal from all credit courses on or before the Sunday (midnight)which begins the second week of the enrolled term. (Note: If a semesterbegins other than on a Monday, the maximum refund period will extend toseven (7) days from the beginning of the semester. Example: semesterbegins on Tuesday, the maximum refund period will end at midnight on thefollowing Monday.)- if the student requests official withdrawal after the Sunday (Midnight) whichbegins the second week of the fall or spring semesters, the following refundpercentages apply:Dunng the second week of the semesterDuring the third week of the semester70%50%During the fourth week of the semester 30%During the fifth week of the semester 20%Thereafter 0%- if the student requests official withdrawal after the Sunday (midnight) whichbegins the second week of the semester of any Summer Session the followingrefund percentages apply:During the second week of the summer session 40%Thereafter 0%• Refunds for course sections which have not been scheduled consistent witheither the standard 15-week fall/spring semester or the five-week summer termscheduling pattern will be handled on a pro rata basis according to the numberof days of the section (class, institute, or workshop) which have passed comparedto the number of days said section has been scheduled to meet.• Refunds will be determined as of the date of formal withdrawal unless proof issubmitted that circumstances beyond control of the student, e.g., hospital confinement,prevented the filing of the formal withdrawal earlier, in which case therefund will be determined as of said circumstance. The student assumesresponsibility for filing for a refund.• Refunds will be mailed as soon as possible. Refund checks are subject todeduction for any amount owed to The University of Akron by the student.• No refund will be granted to a student who is dismissed or suspended for disciplinaryreasons.Refund for Cancelled ClassesThe University reserves the right to cancel a course should there be insufficientenrollment. A full refund will be mailed to the student as soon as possible.Fees Subject to RefundCertain fees are subject to refund.• Instructional fee (tuition) and nonresident surcharge.• General fee.• Course materials and computing fee.• Student park1ng fee (only if permit is returned)• Student teaching fee.• Laboratory breakage and late service deposit• Residence hall fees (note: subject to special policy).Amount of RefundAmount of refund is to be determined in accordance with the following regulationsand subject to course instructor/adviser signature requirements contained inthe University's offic1al withdrawal policy:• In full-if the University cancels the course;-if the University does not permit the student to enroll or continue in the course;