Centenary University Institutional Refund Policy
The following is a summary of Centenary University's withdrawal/leave of absence/dropped courses policies with regards to tuition, room and board, and fees. This policy is used to determine the adjusted charges the student is obligated to pay the University after the percentage to be credited has been applied. The date used to calculate the withdrawal percentage, regardless of whether or not a student has attended, will be the following: 1. The date the student submits a Drop form to the Registrar’s Office; 2. The date the student submits an Official Withdrawal or Leave of Absence form to the Student Success Specialist; 3.The date the University is notified that the student has ceased participating in an academic related activity for all courses. This policy is not to be confused with federal and state regulations regarding the return of federal and state aid funds when a student receiving federal and state financial aid withdraws or takes a leave of absence. (Federal and state aid includes all aid identified on a student's financial aid award as a federal or state scholarship, grant and/or loan.)
A separate calculation, to determine the aid that must be returned, if any, is done according to federal and state regulations. This may then create a balance owed by the student to the University.