2007-08 - Pitzer College

340 ADMISSION TO PITZER
ADMISSION TO PITZER
whether payment is made to a collection agency or to the College. Any previous semester
and all new semester charges will be due and payable in full at the beginning of the
semester by cashier’s check, cash or money order only.
Returned Checks
If a check submitted for an account is returned unpaid, a $50 returned check charge is
assessed. The account becomes delinquent if payment by cashier’s check, cash or money
order is not received within ten (10) days of notification of check return. If payment is not
received by the tenth (10th) day, an additional $50 late fee will be assessed. If more than
one check in a semester is returned, payment of the account balance must then be made
by cashier’s check, cash or money order.
Refund Policies
Students who withdraw or take a leave of absence after the first day of the semester may
receive credit against the semester’s institutional charges (tuition, facilities fee, campus
activity fee, student activity fee, room and board) as described below. Whether any cash
refund will result from the credits received will depend on the payments that have been
made, the amount of financial aid that has been received by the student, and whether any
return of Title IV aid funds must be made. Title IV aid will be returned in the order
prescribed by Federal regulation. Title IV aid consists of the following programs and is
returned in the following order: Unsubsidized Federal Stafford Loan, Subsidized Federal
Stafford Loan, Federal PLUS, Federal Perkins Loan, Federal Pell Grant, Federal SEOG,
other Title IV programs, other aid (state/institutional funds).
The amount of Title IV aid which must be returned is based on the percentage of
“unearned” aid. This percentage is based on the amount of time completed in the
semester and is calculated by dividing the total number of calendar days in the semester
into the number of calendar days completed. The percentage of Title IV assistance to
which the student is entitled (has “earned”) is equal to this percentage of the semester, up
to 60 percent.
First time students who receive Title IV financial aid and withdraw or take a leave of
absence before the 60 percent point in the semester will have their refund calculated
according to the Federal pro rata refund policy. For all other students, refunds will be
calculated as listed below:
1. Formal Withdrawal or Leave of Absence Request from the College filed with the
Registrar
a. Withdrawal up to one week before or on the first day of class-100 percent
refund of institutional charges (less an administrative fee of $100). August 23,
2007 for fall semester; January 14, 2008 for spring semester.
b. Withdrawal from the College after the first day of class through the last day to
add-90 percent refund of institutional charges. September 5, 2007 - September
17, 2007 for fall semester; January 23 – February 4, 2008 for spring semester.
c. Withdrawal from the College after the last day to add classes through the first
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50 percent of the semester-50 percent refund of institutional charges. September
18-October 25, 2007, for fall semester; February 4-March 13, 2008, for spring
semester.
d. No refund after October 26, 2007, for fall semester; March 14, 2008, for spring
semester.
2. Reduction in the total number of registered courses for enrolled student
a. by the last official day for entering classes-fall: September 17, 2007; spring:
February 4, 2008 — refund of difference between original and adjusted tuition;
b. after the last official day for entering classes — no refund. September 18, 2007,
for fall semester; February 5, 2008, for spring semester.
3. Commitment Deposit
After withdrawal or graduation full refund less any outstanding charges on student account.
FINANCIAL AID
Pitzer College’s financial aid program supports the goals of the admission program: to bring
to the campus a student body of quality and diversity. During the 2006-07 academic year,
approximately 52 percent of the Pitzer student body received some form of financial assistance.
Financial aid at Pitzer College is based on financial need, and provides financial
assistance to those students whose family financial resources cannot meet Pitzer’s costs.
To be eligible for financial aid from Pitzer College, a student must be admitted to or
regularly enrolled on a full-time basis in a program leading to a Pitzer degree and must
be either a U.S. citizen or an eligible non-citizen. The student may not owe a refund on a
grant or loan received for attendance at any institution. The student must submit the
appropriate financial aid applications; must apply on his/her own for any state or private
awards for which s/he may be eligible; and must provide all required information by the
required deadlines. Students seeking a second bachelor’s degree are not eligible for
financial aid from Pitzer College.
Costs
The basic budget for an on-campus student for the 2007-08 academic year listed below
does not include the cost of travel to the campus.
Tuition $32,704
Fees $3,208
Room (double) $6,456
Board (16 meal plan) $3,756
Books and personal supplies (estimate) $2,000
In addition, there is a $447 fee per semester for a single room (total single room cost for
2007-08 is $7,350).
Financial aid for students who wish to participate in a study abroad program is granted