Financial Aid Policies
Return to Title IV (R2T4) Policy
- When a student withdraws from all courses, regardless of the reason, s/he may no longer be eligible for the full amount of Title IV funds originally awarded. The return of funds to the federal government is based on the premise that a student earns financial aid in proportion to the length of time during which s/he remains enrolled.
- Westcliff is required to determine the percentage of Title IV aid “earned” by the student and return the “unearned” portion to the appropriate federal aid programs. Westcliff is required to perform this calculation within 30 days of the date the school determines that a student has completely withdrawn. The school must return the funds within 45 days of the calculation. The R2T4 calculation is completed by the Financial Aid Office.
- Federal regulations require a recalculation of financial aid eligibility if a student:
- Completely withdraws;
- Stops attending before the semester’s end;
- Does not complete all modules (mini-sessions) in which the student is enrolled as of the start date of the mini session.
- Westcliff University students who receive federal financial aid and who do not remain in attendance through the end of the semester could be responsible for repaying a portion of the financial aid originally received.
- Students who do not begin attendance in classes are not eligible for federal financial aid and must repay all aid originally received.
- A student will not be granted a LOA in the middle of a term, therefore for purposes of Title IV a student granted a temporary LOA will be considered withdrawn from the university during this time. An R2T4 will be completed and the student will have to apply for readmission.
- For purposes of Title IV a student will be considered withdrawn from the University while on a LOA; therefore federal student loans are not eligible for an in-school deferment
Tuition Refund Policy
The student has the right to cancel the enrollment agreement and obtain a refund of charges paid through attendance at the first class session, or the seventh day after enrollment, whichever is later. In addition, the student may cancel or withdraw from a course after instruction has started, and receive a pro-rata refund for the unused portion of the tuition, if the student has completed sixty percent (60%) or less of the instruction in the current term. Students who attend sixty percent (60%) or more in a term will not be eligible for a pro-rata tuition refund.
Westcliff University will perform a tuition refund calculation for students who cease their enrollment, whether voluntary or involuntary, for the term in which the student ceases their enrollment. The following methodology will be used for tuition refund calculations.
The number of days attended in the term, divided by the total number of available days in the term.
For the purposes of a tuition refund calculation, attendance is defined as Substantive Academic Activities performed by the student. Substantive Academic Activities are inclusive of, but not limited to the following actions:
- Weekly in-class meetings, whether on-campus or online;
- Virtual Class Session (VCS) summary submissions;
- Actions performed by Student on the WU Global Academic Portal (GAP) such as initial discussion posts, peer responses, and assignment submissions.
Students utilizing Title IV, federal student aid funds, may be eligible for a pro-rata tuition refund of money not paid from Title IV, federal student aid funds. A separate calculation for determining earned Title IV funds will be performed by the university (R2T4 Calculation)
All refunds will be paid within 30 days of cancellation or the last date of attendance.
- Students Living in Westcliff Housing
- Students who withdraw and continue living in Westcliff Housing are required to pay until the end of their lease, or when another student takes their room in the house, whichever comes first.
- Title IV students who withdraw from the university cannot use federal funding to cover their housing balance since funding cannot be processed when a student is not enrolled in courses. Students will be responsible for paying the remaining lease out of pocket.
- Final Considerations about Withdrawing
- Students may choose to withdraw from a course they are enrolled in by completing the Course Withdrawal Request form. A grade of “W” will be assigned to a student who officially withdraws within the first 75% of the course.
- The request for withdrawal from class(es) must be in writing and should state the reasons for the request. The school will make any refunds due within 30 days, regardless if the student has returned lessons and materials that might have been sent to the student before cancellation notice was received.
- Students who are receiving Title IV funding and have three consecutive unexcused absences will be withdrawn from the course.
- A “W” cannot be assigned after the official date established for withdrawal from a course.
- Absence from class does not constitute an official withdrawal.
- Students who withdraw from the college and later re-enter in the same program will continue at the same satisfactory progress and evaluation points in effect at the time of withdrawal.
- A student, who chooses to transfer from one program to another, will have only the grades and credits that apply to the new program will be applied to the student’s Cumulative Grade Point Average (CGPA).