Asbury Theological Seminary
Academic Catalog
Withdrawal from Semester or Seminary
Subject to the date of an official withdrawal from the current semester or complete withdrawal from the Seminary, tuition, Asbury Seminary ministry scholarship, and room & board will be prorated according to the following schedule:
1st of classes (within the drop/add period) | 100% |
No refund after sixth week for fall and spring semesters. For the ExL Summer Semester; the sixth week is the last week to withdraw without receiving a grade of "F". For one-week courses, one day equals three weeks in a semester. For other intensive courses, one day equals two weeks in a semester.
Federal Student Aid - Full Withdrawal/Return of Federal Funds Policy
The financial aid office recalculates federal* financial aid eligibility for students who withdraw or drop out prior to completing 60 percent of a semester. Recalculation is based on the percent of earned aid using the following formula: Percent earned = Number of days completed up to the withdrawal date ** divided by the total days in the semester.
Federal financial aid is returned to the federal government based on the percent of unearned aid using the following formula: Aid to be returned = (100% of aid minus percent earned) multiplied by amount of aid disbursed toward institutional charges.
When aid is returned, the student may owe a debit balance to the Seminary. The student should contact the Business Office to make arrangements to pay the balance.
*Federal financial aid includes Federal Perkins Loans and Federal Stafford Loans.
**Withdrawal Date with official notification is defined as the date that the student begins the school's withdrawal process, or the date that the student otherwise provides notification. If both circumstances occur, the earlier date is used. Withdrawal Date with no official notification is defined as the date determined by the school that is related to a circumstance beyond the student's control. The midpoint of the payment period or period of enrollment is used in all other instances where a student withdraws without providing official notification.
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