Hillyard Technical Center's Refund Policy
Tuition is charged on a yearly program basis. The following is an explanation of how the Hillyard Technical Center refund policy affects financial aid.
1. Full refund before classes begin - less $100 non-refundable deposit, $500 for medical programs.
2. Withdrawing during the 1st week of classes makes the student eligible for a refund of 75% or a charge of 25% of the tuition for the program year in which the student is enrolled.
3. Withdrawing during the 2nd week makes the student eligible for a refund of 50% or a charge of 50% of the tuition, for the program year.
4. Withdrawing during the 3rd week makes the student eligible for a refund of 25% or a charge of 75% of the tuition, for the program year.
5. Withdrawing during the 4th week or thereafter results in no refund or a 100% charge of tuition for the program year.
This refund policy applies to all post-secondary students who execute a complete withdrawal from course work during an academic year. The student's withdrawal date is the last day of attendance. Books, supplies, fees and tools received or used by the student will be charged to the student's account and will not be refunded. These charges will be completed on an individual basis at the time of withdrawal. A refund or deduction will be given for any fees, supplies, books and tools not used by the students.
Outstanding balances may be turned over for collections and will have any collection fees added to the total balance.
Federal Refund Policy
The law now specifies how your school must determine the amount of federal financial aid you have earned if you withdraw. The new law requires that when you withdraw during a period of enrollment that a specific formula be used to determine what you have earned up to that point. If you have earned more than you have received, you will be able to receive those funds. If you received more assistance than you have earned, you must return those excess funds.
The amount of assistance you have earned is determined on a pro rata basis. If you have completed 30% of your period of enrollment, then you have earned 30% of your Title IV funds. Once you have completed 60% of your period of enrollment, you have earned 100% of your Title IV funding.
You will receive a final statement and letter from the financial aid office detailing the amount still owed to the school or that will be refunded to you. You are responsible for any balance on your account, after the earned portion has been deducted. A payment schedule can be arranged. This is your responsibility to set up with the Financial Aid Office. Any additional costs for collection can be added to your account.
