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All students who resign from the University must submit written notice of resignation to the McNeese Office of the Registrar.
For purposes of this policy, an institutional refund means the amount paid for insti-tutional charges for a payment period by financial aid and/or cash payments minus the amount retained by the institution for the portion of the payment period that the student was actually enrolled at the institution. If a student receives Title IV financial assistance withdraws on or before completing 60 percent of the semester in which the Title IV aid was disbursed, the following Return of Title IV Funds policy will be applied.
McNeese State University implemented the new federal Return of Title IV Funds policy beginning with the Fall 2000 semester per the Higher Education Act of 1998. This policy applies to any student who receives Title IV aid such as Federal Pell Grant, Federal Perkins Loan, Federal Supplemental Educational Opportunity Grant (SEOG), Academic Competitiveness Grant (ACG), Science and Math Access to Retain Talent (SMART), Federal Work Study (FWS), Federal Stafford Loans (Subsidized, Unsubsi-dized and Parent) and who officially withdraws, drops out, is expelled, stops attending, takes an unapproved leave of absence (unofficial withdrawal), or fails to return from an approved leave of absence (unofficial withdrawal). Refer to the “Withdrawal from the University” section of this catalog for requirements for officially withdrawing from school.
The amount of Title IV Funds to return to the applicable federal programs will be determined by using the student’s withdrawal date or last date of attendance (when there is no official withdrawal date) to calculate the percentage of the enrollment period for which the student did not complete. McNeese will remit that unearned percentage of the unearned Title IV Funds that were disbursed or that could have been disbursed to the federal programs. The school will return the lesser of the total of unearned aid or any amount equal to institutional charges multiplied by the percentage of unearned aid. The student will be responsible for repaying any remaining unearned portion that was disbursed to him/her.
Failure to attend class or failure to resign properly could cause the student to receive a letter grade of “F” or “WN”. In this case, the student would still be subject to the return of funds policy once a last-attended date is established. Merely discontinuing class at-tendance is not considered to be a formal resignation from the university. Students who were awarded financial assistance and who discontinue class attendance may be held responsible for repayment of all tuition and fees. Please refer to the “Class Attendance Regulations” section of this catalog for requirements on class attendance.
If a student’s portion of unearned Title IV funds is a loan, no action by the school is necessary. Regular loan terms and conditions apply. If a student’s portion of unearned Title IV funds is a federal grant, the amount of grant overpayment due from student is limited to the amount by which the original grant overpayment amount exceeds half of the total Title IV grant funds received by the student. A student does not have to repay a grant overpayment of $50 or less.
In the event of resignation, the McNeese institutional refund policy will be applied and tuition will be reduced by that amount. The student may be liable for any Title IV funds disbursed to his/her account in excess of the amount allowed by federal regula-tions. The school will collect the portion of any assistance owed by the student. If no payment is received, holds will be placed on the student’s account and the student will lose eligibility for Title IV aid unless the overpayment is paid in full or satisfactory repayment arrangements are made. Unearned funds are allocated to the Title IV program from which the student received assistance, in the following order:
1st Unsubsidized Federal Stafford Loans
2nd Federal Stafford Loans
3rd Federal PLUS Loans
4th Federal Perkins Loans
5th Federal Pell Grant
6th ACG
7th SMART
8th Federal SEOG Grant
9th Other Title IV Programs
After the institutional refund has been credited in this order, any remaining amount will be returned to the student.
Refund of Housing/Room Charges. Rooms may be reserved by placing a deposit/application fee with the Office of Student Housing and Residence Life. For informa-tion concerning deposits, call the Office of Student Housing and Residence Life at 337-475-5606. The Office of Student Housing and Residence Life will refund the de-posit portion of the fee when the term lease ends and the student vacates the property with no damages to the building or furnishings, and no unpaid balances for lease remains. Students are obligated to fulfill the lease signed by them.
Refund of Board Charges. The University will refund Board charges in full if a student submits written notice of cancellation prior to the first day of class. For students who resign or vacate the residence halls after the first day of class, unused board charges will be refunded on a pro-rata basis. The institutional refund amount determined in this manner as due for tuition and/or room and board charges will be credited in the following order:
1st Unsubsidized Federal Stafford Loans
2nd Federal Stafford Loans
3rd Federal PLUS Loans
4th Federal Perkins Loans
5th Federal Pell Grant
6th ACG
7th SMART
8th Federal SEOG Grant
9th State Grants and Scholarships (including LEAP and GO Grant)
10th Institutional Scholarships
After the institutional refund has been credited in this order, any remaining amount will be returned to the student.
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