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FINANCIAL AID - REFUND POLICY

Refund Policy of Institutional Charges

If you withdraw, drop out, are suspended, or were expelled from ASCC on or after your first day of class, you may be entitled to a refund of tuition paid. Registration fees are non-refundable.

A list of our fees can be found on our Tuition & Fees page.

If any portion of your FSA award was credited to your ASCC account to pay for institutional charges (as opposed to being disbursed to you by check for non-institutional charges), then the refund will be used to repay these programs as required by Federal law and regulations before any funds are repaid to you.

Release of Pell/Financial Aid Checks

The ASCC Accounts Receivable (AR) Specialist and/or Manager from the Finance Office are responsible for disbursing Pell/Financial Aid Checks. The checks will be disbursed at the Finance Office Window to the owner of the check or to an authorized person via a written letter from the recipient of the check. Any check not picked up within the allowed time period (15 days from the date of the check) will be returned to the USDOE as per Federal regulations as a lump sum and not by individual checks.

Declination or Return of Federal Pell Grant Funds

A student is eligible to receive a Pell Grant up to 12 semesters (or equivalent). This limitation is on the duration of Pell Grant eligibility through the calculation of a percentage value called the Pell Grant Lifetime Eligibility Used (LEU). A student’s LEU is the sum of each of the percentages of the student’s scheduled award that was actually disbursed to the student for each award year. A student is no longer eligible for Pell Grant funds once the student’s LEU reaches 600%.

LEU (Lifetime Eligibility Used) = 600% = 6 years

A student may decline and return all or portion of Pell Grant funds that the student was otherwise eligible to receive, as long as this action is taken during the SAME award year.

NOTE: A student may wish to take the above actions if the student expects to qualify for a larger Pell Grant in future years as a result of a transfer to a more expensive educational institution or an expected change in the student’s EFC.