Financial Aid Policies
Satisfactory Academic
Progress Policy
All student receiving Financial Aid at HTC must adhere to the
HTC Satisfactory Academic
Progress Policy.
College Refund Policy
Dropping a Course (Reduction of Course/Credit
Load):
Courses Starting the First Week of the Semester
Students may drop any course during the first five days of the
semester and receive a 100% refund of tuition and fees. Drops for
Friday evening and Saturday classes must be submitted by the fifth day
of the semester or by the end of the next business day, whichever is
later.
Courses Starting After the Fifth Day of the
Semester
Some courses have a published start date that occurs after the
fifth day (or the first Saturday) of the semester. A student who
elects to drop a course in this category will be provided a refund of
tuition and fees on the following basis:
Course dropped before scheduled start date -
100% Refund
Course dropped by the end of the business day
following the start date of the course - 100% Refund
Courses dropped after the 100% refund period -
NO REFUND
If you are receiving financial aid, check with
the Financial Aid Office prior to dropping any courses. Dropping a
course may affect the amount of financial aid for the term.
For courses that meet 3 times or less, a refund
will be issued only if the course is dropped 24 hours prior to the
first class session.
Total Withdrawal from Hennepin Technical College:
Students who drop all their credits and formally withdraw from the
college will receive a refund of their tuition and fees based on the
following schedule:
1st through 5th day of the semester - 100%
Refund
6th through 10th day of the semester - 75%
Refund
11th through 15th day of the semester - 50%
Refund
16th through 20th day of the semester - 25%
Refund
After the 20th day of the semester - NO REFUND
To drop a course or withdraw from HTC, contact
the Registration Office either in person or by telephone.
Failure to attend class does not qualify as a drop or withdrawal.
Unless you officially drop a course or withdraw from school, you are
responsible for full tuition and fees.
Refunds are paid by check and mailed to the
student regardless of the form of payment.
Refund checks will be issued within fifteen
calendar days of the official withdrawal from a course. If a course is
cancelled or if tuition collection is made in error, the tuition will
be adjusted without penalty. If a student has received some form of
financial aid (grants or loans), all or a part of any refund may be
returned to the financial aid program.
Refund and add/drop timelines may be different
for summer semester because of the shorter time frame.
Withdrawal from College/Return of
Title IV Funds
If a student completely withdraws from all credits for a term before
the 60% point of that term, the financial aid disbursed is subject to
the Federal Return of Title IV Funds. Students "earn" financial aid in
proportion to the time they are enrolled up to the 60% point of the
term. The unearned share of financial aid is returned in the following
order: Federal Unsubsidized Stafford Loan, Federal Subsidized Stafford
Loan, PLUS Loan, Federal Pell Grant, Federal SEOG. The student may
need to repay a portion of financial aid he/she received.
If a student withdraws before his/her financial
aid is disbursed, the student is responsible for the tuition due to
the College.
Failure to attend class does not qualify as a
withdrawal from the college.
Last date of Attendance/Return of
Title IV Funds
If a student receives all F’s for a semester, the financial aid
office is required to determine the last date of attendance. The
amount of aid earned is determined by the last date of attendance and
any unearned aid will be returned to the financial aid programs. The
unearned share of financial aid is returned in the following order:
Federal Unsubsidized Stafford Loan, Federal Subsidized Stafford Loan,
PLUS Loan, Federal Pell Grant, Federal SEOG. The student may need to
repay a portion of financial aid he/she received.
Contact HTC at 952-995-1300 or
info@hennepintech.edu
Copyright © 2008 by Hennepin
Technical College
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