Fall 2020 Refund Policy and Schedule | Business Office
Students will be considered full-time for the fall 2020 semester if they are registered for 12 to 19 credits as of 4:00 p.m. on August 31, 2020. No refunds for tuition and fees will be made to the account of full-time students who drop below 12 credits after August 31, 2020.
Students with federal aid who withdraw from the university will have their Title IV aid recalculated in accordance with guidelines established by the U.S. Department of Education derived from the October 7, 1998 Reauthorization of the Higher Education Act. Details of this policy can be found in the Carroll University catalog.
- Full-time or part-time students who withdraw from the university may be eligible for a tuition refund.
- Part-time students who drop courses may be eligible for a tuition refund.
All students adding or dropping a course may do so in writing through the Registrar's Office. Refunds are based on the date of the postmark of withdrawals sent by mail, on the receipt date of withdrawals faxed, and on the date of delivery of those brought in personally to the Registrar's Office. If a class is cancelled due to lack of enrollment, students registered for that class will be given a full refund.
- 100% Refund | On or before August 23, 2020
- 80% Refund | 14 days from the start of the semester
- 60% Refund | 15-21 days from the start of the semester
- 40% Refund | 22-28 days from the start of the semester
- 20% Refund | 29-35 days from the start of the semester
- 0% Refund | After 35 days
Specially timed courses have the following refund schedule
- 100% Refund | Before the first day of class
- 75% Refund | Before the second day of class
- 25% Refund | Before the third day of class
- 0% Refund | The third day of class or after
All refunds will be reduced by an administrative fee (not to exceed $100).
Courses in the Carroll Online Consortium (OCICU) have a separate refund schedule. To verify the refund date for a particular OCICU course you have registered for, check the section comments of the course for refund details. Each course will follow its own refund schedule.
Financial Aid Refund — Part-time Students
Part-time student's federal or state financial aid will be adjusted to reflect the number of credits for which you are enrolled on August 31, 2020. If your enrollment is for fewer than six (6) credits on this date, you may not be eligible for any financial aid.
Although the Financial Aid Census date (adjustment date for financial aid) is one week after the semester begins, Carroll University is required by federal law to review any students who received the Federal Pell Grant. Under federal regulations, students can only receive Federal Pell Grants for the classes they attended. The regulation states the following: If a student begins attending some but not all of his or her classes, the Financial Aid Office will have to recalculate the student's Pell Grant award based on the student's actual enrollment status. Therefore, if you receive a Federal Pell Grant, Carroll University will review your enrollment status throughout the semester.