Student Financial Aid & Veteran's Educational Benefits

School Refund Policy

The refund period is prior to the first day the class meets or the first two weeks of class for those who meet twelve weeks or longer, or the first week of class for those meeting less than twelve weeks. If a student officially withdraws from a class during the refund period a 100% refund will be issued.

The exception to this policy is when the Department of Education's Federal Refund Policy must be applied to those students whose costs are paid by student financial aid funding.

State and/or Accrediting Agency Refund Rule
The State of Illinois has not established a mandated refunding rule for community colleges. The North Central Association as an accrediting agency has not established a refund rule.

Federal Refund Rule (Return of Title IV Funds)
The Department of Education mandates that unearned federal financial aid funds are returned to the specific programs if a a student withdraws from a semester. The amount of the refund is determined by the days of the semester that the student was in attendance versus the remaining days (after withdrawal) until the semester ends.

Students are notified by mail of their debt to the Department of Education. This debt must be paid in a timely manner in order for the student to receive future financial aid.

 




>>Tuition Rates and Costs
>>How to Pay For College
>>Bookstore
>>Financial Aid
>>Payment Plan (NBS, formerly FACTS)
>>Scholarships









The Jaguar Spot
Click on the Spot to access
the Student Portal to Online Technology!


Search DACC only
Search the web

Powered by Google

© 2012 Danville Area Community College · 2000 East Main Street · Danville, IL 61832-5199 · (217) 443-3222
Copyright, Credits, Disclaimer · Hosted by NexLAN
Illinois Community College System Annual Administrator and Faculty Salary and Benefits Portal