Refund of Excessive Financial Aid (Title IV)
Allegheny will refund all credit balances that are a result of an excess of federal (Title IV) financial aid within two weeks after the first day of the semester or the date the aid was credited to a student’s account, whichever is later.
Refund checks as a result of Title IV financial aid will be made payable to the student and will be mailed to the student home address on file.
Current Student Refund Requests
Credit balances that are not a result of Title IV financial aid will not automatically be refunded. To request a refund, log into your WebAdvisor account and select the “Student Refund Request” link. This link will be available approximately one week prior to the start of classes each semester.
It is understandable that students are anxious to receive their refunds. However, processing the disbursements generally takes up to 3 weeks after the start of classes for each semester. Students should plan ahead to manage rent and expenses during this time. Individual requests for advances cannot be honored. Refunds are not processed until there is a credit on the student account.
Leave or Withdrawal Refunds
Withdrawal and Leave of Absence policies and guidelines can be found at http://sites.allegheny.edu/academics/academic-regulations-and-policies/academic-standing/
If you withdraw before the beginning of the semester:
If you do not register and do not incur charges in residence halls, any balances on the tuition account will be refunded.
Current students withdrawing between semesters:
- Pre-matriculation deposit is held until the student graduates or withdraws from the College.
- The student must notify the Office of the Dean of Students in writing and following the procedure published on the Dean of Students website if he or she intends to withdraw from the College.
- DEADLINES: The Office of the Dean of Students must be notified July 1 prior to the start of the fall semester, and by one week prior to the first official day of classes for the spring semester to receive the full net pre-matriculation deposit.
- Failure to give such notification by these deadlines results in the forfeiture of one half of the deposit.
- Any remaining balance of the deposit held by the College (after any outstanding charges have been deducted) is refundable after graduation or withdrawal from the College. The deposit cannot be applied to your balance due before graduation or withdrawal from the College.
If you take a leave or withdraw during the semester:
- Refunds on all charges including tuition, required fees, room, and board will be prorated per diem, based on the academic calendar, up to the 60% point in the semester.
- There are no refunds after the 60% point in the semester.
- Excessive use of meal plan may result in pro-ration based on consumption rather than the academic calendar.
- Financial Aid implications are posted on Allegheny’s Financial Aid website.
- Students will not receive a refund until all charges and financial aid prorations have been finalized.
- In some cases, the student may still carry a balance after the refund calculations are completed. Payment will be due 30 days after notification of the balance.
- Credit balances on the student’s account will be refunded approximately 4 – 6 weeks after the student separates from the college.