Tuition Rebate and Financial Aid Refund Policy
On the basis of the federal regulations governing the return of federal student aid (Title IV) funds for withdrawn students, the rebate and refund of tuition are subject to the following policy.
- For purposes of determining the refund of federal student aid funds, any student who withdraws from the School of Forestry & Environmental Studies for any reason during the first 60 percent of the term will be subject to a pro rata schedule that will be used to determine the amount of Title IV funds a student has earned at the time of withdrawal. A student who withdraws after the 60 percent point has earned 100 percent of the Title IV funds. In 2018–2019, the last days for refunding federal student aid funds will be October 31, 2018, in the fall term and March 29, 2019, in the spring term.
- For purposes of determining the refund of institutional aid funds and for students who have not received financial aid:
- 100 percent of tuition will be rebated for withdrawals that occur on or before the end of the first 10 percent of the term: September 7, 2018, in the fall term and January 23, 2019, in the spring term.
- A rebate of one-half (50 percent) of tuition will be granted for withdrawals that occur after the first 10 percent but on or before the last day of the first quarter of the term: September 22, 2018, in the fall term and February 7, 2019, in the spring term.
- A rebate of one-quarter (25 percent) of tuition will be granted for withdrawals that occur after the first quarter of a term but on or before the day of midterm: October 22, 2018, in the fall term and March 4, 2019, in the spring term.
- Students who withdraw for any reason after midterm will not receive a rebate of any portion of tuition.
- The death of a student shall cancel charges for tuition as of the date of death, and the bursar will adjust the tuition on a pro rata basis.
- If the student has received student loans or other forms of financial aid, funds will be returned in the order prescribed by federal regulations; namely, first to Federal Direct Unsubsidized Loans, if any; then to Federal Perkins Loans; Federal Direct Graduate PLUS Loans; next to any other federal, state, private, or institutional scholarships and loans; and, finally, any remaining balance to the student.
- Recipients of federal and/or institutional loans who withdraw are required to have an exit interview before leaving Yale. Students leaving Yale receive instructions on completing this process from Yale Student Financial Services.