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EVMS Office of Financial Aid: Student Withdrawal Refund Policy |
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Students who are asked to withdraw or considering withdrawing from Eastern Virginia Medical School (EVMS) should review the institutional Student Withdrawal Refund Policy in the Student Handbook
Determining the Refund Amount
The following procedures are used to calculate the amount of tuition and fees to be refunded.
- The refund percentage is obtained from the appropriate refund schedule and applied to the total amount of tuition and fees charged for the enrollment period. This is the amount to be refunded to lenders of non-title IV funds and/or the student.
- Unless mandated otherwise, the refund of non-title IV funds is then distributed in the following order:
- Primary Care Loans (PCL)
- Loans for Disadvantaged Students (LDS)
- Military Scholarships
- Tuition Assistance Grant (TAG)
- Institutional Funds
- Alternative Loan Program (ALP)
- Student
- If the student was the recipient of any Title IV funds, a separate calculation will be performed to determine the amount to be refunded to Title IV lenders, as prescribed by the Department of Education. (See Title IV Refunds
.)
- The appropriate refund percentage obtained in #1 above is also applied to any Title IV funds. If this amount is less than the amount actually refunded to Title IV lenders, the student may be liable for the difference.
Leave of Absence
Student who are on an approved leave of absence are considered to have withdrawn for purpose of Return of Title IV calculations. See the Leave of Absence Policy in the Student Handbook .
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