Untitled - Bellin College

BELLIN COLLEGE CATALOG2011-12Maintain Eligibility for Financial AssistanceA student who withdraws beyond the 60% point of an enrollment period will remain eligible for federalfinancial aid (provided all other eligibility criteria are met). A student who withdraws prior to the 60% point ofan enrollment period and is required to return a portion of federal aid received will remain eligible for federalfinancial aid provided the student:A. Repays the overpayment (unearned aid) in full to the institution within 45 days of the date the Collegesends the notification to the student that a return of federal aid is required or;B. Enters into a satisfactory repayment agreement with the College or;1. Signs a repayment agreement with the Secretary of the U.S. Department of Education which willinclude terms that permits the student to repay the overpayment while maintaining eligibility forfederal aid.2. Will refer collection matters to the Secretary of the U.S. Department of Education if the student doesnot repay to the College the full amount of the overpayment or enter into a satisfactory repaymentagreement with the College or the Secretary of the U.S. Department of Education in accordance withSection 668.22 (h) (4) (i) of the Higher Education Act within 45 days from the date the College sent thestudent a notification of the overpayment.Overpayment collection accounts will be referred to the U.S. Department of Education at any time the studentfails to meet the terms of the repayment agreement with the College or fails to enter into a repaymentagreement with the Secretary. Students whose overpayment collection accounts have been referred to theSecretary will be considered ineligible for federal financial aid until the student and the Secretary enter into arepayment agreement.Post-Withdrawal Disbursements of AidIf the amount of grants and loans the student earned is greater than the total amount of grant/loan assistancethat was disbursed to the student (or to the parent on the student’s behalf), the difference must be treated asa post-withdrawal disbursement.The College will offer any amount of post-withdrawal disbursement to the student (or parent, if a PLUS loan)within 30 days of the date the College determined the student withdrew. A written notification will be sent tothe student (or parent) which will identify the type and amount of aid included in the post-withdrawaldisbursement, explain that all or any portion of the disbursement may be accepted or declined, inform thestudent (or parent) that no post-withdrawal disbursement will be made to the student or parent if no responseis received within 14 days of the date the notification was mailed to the student (parent), and the proceduresfor receiving the accepted post-withdrawal disbursement.The College will disburse the requested post-withdrawal disbursement within 90 days of the date of theinstitution’s determination that the student withdrew. Post-withdrawal disbursements will first be made fromavailable grant funds; any remaining disbursement will be made from loan funds.BSRS-Academic PoliciesThe College catalog outlines general provisions of Academic Policies. The Undergraduate Student Handbookprovides further details and provisions.Academic AdvisingAcademic advising is provided to students to assist them in planning a program of study consistent withCollege requirements. The process begins after admission to the program and occurs each semester.Academic advising is also available to students on an as-needed basis.73