2020-2021 Graduate Catalog

Federal Refund Policy

Students who completely withdraw from classes during the first 60% of the enrollment period and have received federal Direct Loans will be subject to the Federal Refund Policy. This policy is in addition to the Capital Seminary and Graduate School's institutional refund policy. The student's withdrawal date is either:

  • The date the student began the Capital Seminary & Graduate School withdrawal process or officially notified Capital Seminary & Graduate School of the intent to withdraw;
  • The midpoint of the enrollment period for a student who leaves without notifying Capital; or
  • The student's last date of enrollment at a documented academically-related activity.

Students may only receive the amount of federal aid money that they have "earned" which is determined by a special federal refund formula. A copy of the worksheet used for this calculation can be requested from the Financial Aid Office.

Refunds will be returned in the following order: Unsubsidized Federal Direct Loans, Capital Seminary & Graduate School aid, and private aid.