Trident tech refund policy

Table of Contents

  1. Introduction
  2. Area Commission
  3. Information Technology
  4. Plans and Analysis
  5. Marketing
  6. Financial Affairs 6-1-1 Annual Report 6-1-2 Travel Authorization & Reimbursement 6-1-4 Student Travel, Authorization & Reimbursement 6-2-1 Professional Development Program 6-2-2 Memberships in Professional Organizations 6-2-3 Tuition Assistance 6-3-1 Funds, Receipt and Deposit 6-5-1 Budget Transfers 6-5-2 Federal Funds, Expenditure & Control Of 6-6-1 Budget Administrator Responsibility 6-6-2 Invoice Payment Process 6-7-1 Funds, Investment of Surplus 6-8-0 Refunds Policy 6-8-1 Refunds 6-9-1 Authorized Signatures/Bank Withdrawals 6-12-1 Capital Plant Fund 6-13-0 Educational Fee Waiver Policy 6-13-1 Educational Fee Waiver 6-14-0 Student Fees Policy 6-14-1 Checks - Information Required, Returned Checks and Credit Card Chargebacks 6-15-0 Expenditure of Auxiliary Income 6-15-1 Expenditure of Auxiliary Income Procedure 6-16-1 Internal Auditing Department 6-18-1 Red Flags Rule Identity Theft Prevention Plan
  7. Facilities Management
  8. Human Resources and Employee Relations
  9. Development
  10. Procurement and Inventory Control
  11. Auxiliary Enterprises and Printing Services
  12. Public Safety
  13. Division of Education
  14. Intentionally Left Blank for Future Use
  15. Intentionally Left Blank for Future Use
  16. Admissions and Registrar
  17. Student Services

NUMBER: 6-8-1 APPROVED DATE: 02-22-2000

LEGAL AUTHORITY: South Carolina Cod of State Regulations 90-113

BASED ON POLICY NUMBER AND TITLE: 6-8-0 REFUNDS

PURPOSE: To establish guidelines for ensuring that Trident Technical College students receive a refund of tuition.

      1. CURRICULUM REFUNDS
        1. It is the policy of Trident Technical College that students or appropriate sponsoring agencies receive a refund of tuition upon the student's withdrawal from the College.
        2. Students file a completed course withdrawal form with the Registrar’s Office or withdraw themselves from class online. The Finance Department also processes student refunds from credits on the student’s account that are a result of canceled course(s) and suspension reports processed in the Registrar's Office. Refunds are calculated according to the schedule below and deposited electronically to the bank account provided by the student.

        DROP/WITHDRAWAL REFUND %
        BEFORE THE FIRST DATE IN THE FULL TERM THAT CLASSES ARE OFFERED (Start of Term) 100%
        1st DAY OF THE FULL TERM THROUGH THE ADD PERIOD, PLUS THE NUMBER OF BUSINESS DAYS BELOW: 100%
        Fall/Spring Full Term Add Period + 2 Business Days
        Fall/Spring Term 1 Add Period + 4 Business Days
        Fall/Spring Term 2 Add Period + 4 Business Days
        Summer Full Term Add Period + 4 Business Days
        Summer Term 1 Add Period + 5 Business Days
        Summer Term 2 Add Period + 5 Business Days
        Fall Bridge Add Period + 2 Business Days
        Spring Wintermester Add Period + 1 Business Day
        Summer Maymester Add Period + 1 Business Day
        3 Week Classes Fall and Spring Add Period + 1 Business Day
        AFTER BUSINESS DAY(S) OF THE TERM LISTED ABOVE 0%

        1. Students must attend classes for which they register. Any classes not attended will be deleted from student's schedule and aid reduced accordingly.
        2. Financial aid awards will be prorated depending on the number of hours attempted during the current term.
        3. Students may not have withdrawn from the college for the current term.
        4. Students must have no outstanding debt owed to the College.

        If a refund check is not cashed or presented for payment during the award year, the Financial Aid office may subsequently adjust the student's award. The College may be required to return the credit balance to the applicable student aid program once the award period has ended.

        The College is prohibited from submitting unclaimed refunds from Federal Title IV funds to the state. The College will not submit these funds to the South Carolina Treasurer's Office. As of the 2006-2007 financial aid year, the College's process has been to reimburse these funds back to the originating federal program.