The Federal Government requires that the College of Saint Elizabeth determine a student's earned and unearned Federal Aid (Title IV Funds) based on the date that the student withdrew or ceased to attend. This must be based on the number of days that the student spent attending class.
A pro-rata schedule is used to determine the amount of Federal Student Aid (Title IV) funds earned at the time of withdrawal.
CSE refunds the actual percentage of unearned aid to the Federal Government which could result in a student's account having an outstanding balance. If this occurs, no official transcripts will be issued by the college.
After completing the 60% point in the period of enrollment, a student has earned 100% of the Federal Student Aid funds awarded for that period and all Federal Student Aid (Title IV Funds) will remain on the student's account.