Financial Aid Policies and Procedures

Federal Return of Title IV Funds Policy - Withdrawals

If a student cancels their Saint Paul College registration by dropping all courses before the add/drop date published for a term, 由于没有课程注册，他们将不会获得经济援助资金. Withdrawing from course(s) after the published add/drop date will be reported with a grade of W and charges will remain on the student’s account. Courses that begin after the first week of the semester will have a different drop date and is published in the course schedule. Students who drop from late start courses before the published date will not receive financial aid funds for the dropped course and any previously paid funds may be reversed. Students who receive financial aid and later withdraw/drop all courses are subject to a Federal Return of Title IV policy. 该政策规定，如果你在完成本学期60%的课程之前退出或放弃所有课程, a proportional amount of financial aid received or that was applied to your student account must be refunded to the federal government.

如果出现以下任何一种情况，学生将被视为退学:

1. 学生登录他们的学生账户并退出所有注册课程. The student will receive a grade of W and the date this is completed becomes the Official Date of Withdrawal used for R2T4 calculation.
2. A student who after beginning attendance subsequently abandons the course by failing to turn in required course assignments or completing scheduled tests and for whom the faculty post a grade of FW will be considered an Unofficial withdrawal. Per policy at the time faculty reports the FW grade an LDA is assigned to determine the withdrawal date used for the R2T4 calculation. 如果学生没能开始这门课，分数是FN. If an FN grade is assigned any grant aid received for that course will be reversed per Federal policy and is not used in the Title IV calculation.

When a student withdraws during the payment period, 到那时为止，他们已经获得的第四项计划援助金额由一个特定的公式决定. 如果学生收到的(或学校或家长代表学生收到的)资助少于所挣的金额, the student may be able to receive those additional funds. If the student received more assistance than they earned, 多余的资金必须由学校和/或学生退还. Any unearned aid must be returned accordingly. The financial aid office and tuition office use the online R2T4 calculator provided by the Department of Education to calculate the potential refunds. 如果R2T4计算的结果是退回的金额超过了学校的部分, the student must repay some funds. 这名学生寄了一封信，通知他们还款的过程和必须偿还的金额. 这封信还通知学生，他们可以建立一个付款计划，必须在14天内联系学费办公室.

Credit Balances after Withdrawal

Title IV credit balances due to the student that are calculated as a result of R2T4 calculations will be disbursed to the student within 14 days of the R2T4 calculation

Post-Withdrawal Disbursements

在某些情况下，学生可以在助学金发放之前退出所有课程. A post withdraw disbursement is done with a student shows they have withdrawn from all of their classes prior to financial aid disbursement but begin attendance in all courses and are qualified for some (earned) aid.

如果学生在符合条件的第四章援助发放之前全部退出, mg电子试玩app将决定学生是否有资格获得退学后的付款. Any Title IV grant aid due to the student will be applied directly to the student account within 45 days of the calculation. If student is eligible for a Federal loan disbursement as part of a post-withdrawal the Financial Aid Office will contact student within 30 days. 如果接受或拒绝资助，学生将有14天的时间回复mg电子试玩app. If they accept the funds, 付款将应用其帐户余额，如果有一个信贷的结果, the credit will be disbursed to the student.​

Any unearned Title IV funds (such as grants) must be returned to Federal Student Aid within 45 days of the withdrawal determination date. 返还给联邦政府的资金用于减少拨付资金的联邦项目金额. Funds are returned in the following order:

1. Unsubsidized Federal Direct Loans
2. Subsidized Federal Direct Loans
3. Federal PLUS Loan
4. Additional Pell Grant
5. Federal Pell Grant
6. SEOG Grant
7. 根据第四章需要返还资金的其他援助

Minnesota State Financial Aid Refund Calculation

当确定为学生完成标题IV的计算返回时, Saint Paul College also reviews student accounts and calculates any return aid for Minnesota State programs according to the MinnState Office of Higher Education refund policy.

Consortium Agreements for Financial Aid

如果你在另一所大学的mg电子试玩app学习所需的课程, 如果你想让这些课程获得经济援助资格，你必须完成一个财团协议.  The Consortium Agreement form is available online on the Financial Aid Forms page and also in the Financial Aid Office, and must be completed with an attached registration form from the host school and submitted to the Financial Aid Office by the add/drop deadline. If a consortium agreement is not submitted, 助学金的计算不考虑在主办学校修过的课程, 因为你不能在同一学期在两所不同的学校获得经济资助.

Tuition and Fee Deferments

如果在公布的学期学费截止日期之前满足以下要求，学费和杂费将被推迟.

1. 学生已收到奖学金信，奖学金资格等于或大于学费/费用. (申请贷款资格须提交本票).
2. 提交FAFSA后，将收到一份电子机构学生信息记录(ISIR).

任何学费/费用余额不包括在经济援助是学生支付的责任.

Financial Aid Book Charging Process

The Financial Aid Book Charging allows students to charge books and supplies at the Saint Paul College Bookstore and is administered by the Tuition Office

Go to Financial Aid Book Charging Process

Special Circumstances/Income Review

Federal laws governing financial aid allow the Saint Paul College Financial Aid Office to recalculate financial need in cases of special circumstances not taken into consideration by the Free Application of Federal Student Aid (FAFSA). 确保公平并遵守联邦法规, 可以考虑的情况是有限度的. 特殊情况视具体情况而定.

For more detailed information on types of special circumstances and requirements for submitting a “Special Circumstances Appeal Form” go to li9lic.nmcjbook.com/FinancialAidForms

Dependency Override Appeal

Federal Student Aid determines a student’s status as dependent or independent by the answers the student provides on the thirteen questions listed in Step 3 of the Free Application for Federal Student Aid (FAFSA). Students are classified as dependent or independent because federal student aid programs are based on the principle that students (and their parents or spouse) are considered the primary source of support for postsecondary education. The Dependency Override process is used to address on a case-by-case basis a student who claims to be independent but does not meet the federal criteria. 学生必须证明有特殊和可减轻罪责的情况.

For more detailed information on types of extenuating circumstances given consideration and requirements for submitting a “Dependency Override Appeal: Student Information/Recourse Statement” form go to li9lic.nmcjbook.com/FinancialAidForms

Education Tax Credits

The Taxpayer Relief Act (TRA) of 1997 provides for two tax credits that students may be eligible to claim: The Hope Scholarship Tax Credit and the Life-Long Learning Tax Credit. 霍普奖学金税收抵免是一种税收抵免，而不是奖学金. 如果你不缴纳联邦所得税，这个抵免将不适用于你. 该学分适用于在日历年内至少注册一半时间的学生，至少有一个学期. 该抵税额只适用于美国公民或永久居民. 该抵免仅适用于纳税人支付的学费和学术费用(不包括补助金或第三方赞助商)。. If your grant or other payment will pay for books or other living costs and you pay for tuition and academic fees yourself, you may claim the credit; however, you must report the grant or other payment as income.

许多细节围绕着希望奖学金税收抵免和终身学习税收抵免. Saint Paul College does not provide Income Tax Counseling. 我们建议您咨询税务专业人士，看看您是否符合资格. 有关希望税收抵免的信息可在学费办公室获得. 税收抵免手册可在财政援助办公室.