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Southern California University of Health Sciences - Consumer Information Guide

SCU distributes this Consumer Information Guide which includes a notice of the availability of information required pursuant to specific requirements under the Higher Education Opportunity Act. Read this PDF and know SCUHS consumer information guide.

SCU distributes this Consumer Information Guide which includes a notice of the availability of information required pursuant to specific requirements under the Higher Education Opportunity Act. Read this PDF and know SCUHS consumer information guide.

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Last Date <strong>of</strong> Attendance<br />

The last date in an academically related activity such as class attendance, turning in a class<br />

assignment, or taking an exam.<br />

Effective date- The date that the student notified the school <strong>of</strong> their <strong>of</strong>ficial withdraw. It The effective<br />

date is used when the Registrar reports to Enrollment and changes to enrollment to NSLDS.<br />

When students stop attending and do not inform the school we use the faculty notification(s) that the<br />

student is no longer in attendance and verify all instructors that the student is no longer enrolled. The date<br />

<strong>of</strong> the faculty notification is used as the Effective date.<br />

II. Return to Title IV Process<br />

How the Earned Financial Aid is Calculated<br />

34 CFR 668.22(e)(2).<br />

Students who receive federal financial aid must "earn" the aid they receive by staying enrolled in<br />

classes. The amount <strong>of</strong> federal financial aid assistance the student earns is on a pro-rated basis.<br />

Students who withdraw or do not complete all registered SCU classes during the semester may<br />

be required to return some <strong>of</strong> the financial aid they were awarded.<br />

SCU is required to determine the percentage <strong>of</strong> Title IV aid ''earned" by the student and to return<br />

the unearned portion to the appropriate aid programs. Regulations require schools to perform<br />

calculations within 30 days from the date the school determines a student's complete withdrawal.<br />

The school must return the funds within 45 days <strong>of</strong> the calculation. The Return <strong>of</strong> Title IV Funds<br />

calculation process is completed by the Student Accounts <strong>of</strong>fice and the return <strong>of</strong> funds is<br />

completed by the Financial Aid <strong>of</strong>fice.<br />

The following formula is used to determine the percentage <strong>of</strong> unearned aid that has to be<br />

returned to the federal government:<br />

The percent earned is equal to the number <strong>of</strong> (calendar days or clock hours) completed<br />

up to the withdrawal date, divided by the total (calendar days or clock hours) in the<br />

payment period (less any scheduled breaks that are at least 5 days long). The percent<br />

unearned is equal to 100 percent minus the percent earned.<br />

The payment period for the: Doctor <strong>of</strong> Chiropractic (DC), Master <strong>of</strong> Acupuncture and Oriental<br />

Medicine (MAOM) Program, Doctorate <strong>of</strong> Acupuncture and Oriental Medicine (DAOM)<br />

programs is the entire semester.<br />

The students enrolled in Massage Therapy (MT), Ayurveda Wellness Certificate, Ayurveda<br />

Practitioner Certificate the payment period is defined by the programs clock hours.<br />

Students enrolled in modules (such as our B.S. in Biological <strong>Sciences</strong> - Bachelor's Completion<br />

Program) the payment period only includes those days for the module(s) in which the student is<br />

registered. Modules are defined, as courses which are not scheduled for the entire semester or<br />

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