Refunds
A fair and equitable refund policy is applied to all financial aid students at Cascadia Community College. Students who withdraw, drop out or otherwise fail to complete the period of enrollment for which they have been charged tuition and received financial aid may have to repay a portion of the grants they received. All tuition refunds are applied to Title IV programs and are not returned directly to students until eligibility is determined.
Return of financial aid funds is based on a percentage of days that a student attended classes, divided by the number of days in the payment period, multiplied by the amount of aid that was disbursed and could have been disbursed. The student must return 50 percent of any grant aid considered unearned (based on the above formula), less the amount that the college has returned. Loan amounts are returned in accordance with the terms of the promissory note.
The order that funds are to be returned are as follows:
- Unsubsidized Stafford Loan
- Subsidized Stafford Loan
- PLUS (Parent loan)
- Pell Grant
- Federal Supplemental Educational Opportunity Grant (SEOG)
- Washington State Need Grant
- Cascadia Grant
Please note that the financial aid refund policy and the college’s refund policy are different. The financial aid refund policy has been established by the Department of Education and must be followed for all aid recipients. Contact the Student Financial Services Office for more information regarding financial aid refunds.
Rights
All financial aid recipients have the right to inspect their financial aid files for the accuracy of the information contained therein, and to submit corrections. Confidential information covered under the Privacy Act may not be reviewed by anyone else without prior written approval of the individual concerned.
Responsibilities
The student is responsible for reading and signing the "conditions of award" on the Cascadia Data Sheet, for notifying the Student Financial Services Office upon receipt of additional outside income, resources from scholarships and private loans, and for submitting additional documents as required during the year to the Student Financial Services Office. All information submitted to the Student Financial Services Office must be true and complete to the best of the student’s knowledge.
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