Financial Aid Refunds
Other Refunds

Before requesting a refund, students should be sure that sufficient funds are available for the next semester. The University computes its charges on a semester basis. Consequently, if the University receives money from a one-time scholarship or loan source (for example, Guaranteed Student Loan) such funds will be applied, in full, against the semester in which it is received. This may create a credit balance for the semester.

Financial Aid Refunds
In the determination of a student's financial package, the University takes into consideration any funds that are available to cover the cost of the student's education, including funds made available for student assistance by a third party in the form of tuition assistance, scholarships, or payment on the student's behalf.

The student is obligated to advise the University of any funds available to him or her, of which the student has knowledge. The student must report any scholarship, grant, work, stipend, or change in financial condition that is not specifically listed on the award notification, for possible revision of the aid award.

When the University receives funds to cover the student's cost of education, the amount of any award made to the student from University funds shall be reduced, if the combined total to the student from University funds and the additional funds received exceeds the student's educational cost at Shaw.

Students who have overpayments (credit balances) as a result of federal financial aid do not need to request a refund. These refunds will be processed automatically.

Note: The University does not make refunds that result from a University Grant-in-Aid (UGA), a University Grant-in-Athletic-Aid (UGAA), and/or a University scholarship award. There is also no refund of fees for students who withdraw from the University as a result of suspension or dismissal.

Other Refunds
A student is eligible for a refund after all charges have been posted to the student's account. Refunds are shown as credits on the student's account, unless the student requests a check for the amount of the refund. Students who are due a refund because of direct overpayment or as a result of a reduction in course load must request that refund. Refund requests should be addressed to the Student Accounts Office, Tyler Hall. Refunds are processed after the last day of the drop/add period. The processing may take two to four weeks.