1. CURRICULUM REFUNDS
   
   
   1. It is the policy of Trident Technical College that students or appropriate sponsoring agencies receive a fair and equitable refund of tuition upon the student's withdrawal from College or net reduction of hours below 12 credit hours.
      
      Every semester the College will review accounts of all Title IV sponsored students who totally withdraw to ensure consistent application of all federal rules and regulations.
      
      

      WITHDRAWAL OR NET REDUCTION BELOW 12 CREDIT HOURS	REFUND %
      BEFORE THE FIRST DATE IN TERM THAT CLASSES ARE OFFERED (Start of Term)	100%
      1st - 5th BUSINESS DAY OF THE TERM	100%
      6th - 10th BUSINESS DAY OF THE TERM	50%
      11th – 15th BUSINESS DAY OF THE TERM	25%
      AFTER 15th BUSINESS DAY OF THE TERM	0%

      
      Refunds for terms that vary in length from the semester term will be proportion to the semester term refund schedule with the exception of weekend and challenge courses.Weekend College courses will be refunded 100% during the five business days after the first weekend session. After this refund period, no refunds will be made for the Weekend College. Challenge courses are refunded 100% on the first day of class.
      
      (Refer to TTC Policies and Procedures Manual Section 15 for Continuing Education (non-curriculum) Refund policy and procedures.)
      
      
   2. Students file completed Course Withdrawal form with the Registrar's office.  The Finance Department also processes student refunds from canceled course and suspension reports received from the Records office. The Finance Department begins refund processing at the end of the Drop/Add period and mails curriculum refund checks to students, calculating refunds according to the schedule above.
      
      
   3. The College will retain credit balances less than $50.00 if the student cannot be located.  It is the student's responsibility to update address changes with the Admissions Office.
      
      
   4. The College establishes a student's official withdrawal date as the student's last date of attendance.  Tuition payments by check are subject to a fourteen-day waiting period.  The Finance Department deducts from the refund any fees due to the College.
      
      
2. STUDENT AID REFUNDS
   
   After tuition and fees are deducted, the Finance Department processes refunds to students whose tuition is paid through Federal Family Educational Loans, Federal or State grants, and/or scholarships in accordance with the Federal and State regulations. The Finance Department begins processing student aid refund checks after Financial Aid posts the award to student accounts.  Finance mails these checks to the student's local address in Datatel.
   
   Students must meet all of the following conditions to receive financial aid checks:
   1. Students must attend classes for which they register.  Any classes not attended will be deleted from student's schedule and aid reduced accordingly. 
   2. Financial aid awards will be prorated depending on the number of hours attempted during the current term.
   3. Students may not have withdrawn from the college for the current term.
   4. Students must have no outstanding debt owed to the College.
      
      If a refund check is not cashed or presented for payment during the award year, the Financial Aid office may subsequently adjust the student's award.  The College may be required to return the credit balance to the applicable student aid program once the award period has ended
      
      
3. ESCHEAT UNCLAIMED REFUNDS
   
   The South Carolina Uniform Unclaimed Property Act requires that the College review its records each year to determine whether it is in possession of any unclaimed property, to file an annual report, and to remit unclaimed property to the State Treasurer's Office Unclaimed Property Program.  Unclaimed property includes refund checks, deposits and credit balances, which have remained unclaimed by the rightful owner for a dormancy period.  The dormancy period is five years for all of the above.  The state requires an annual filing before November 1 of each year as of the preceding June 30.
   
   The College is prohibited from escheating refunds from Federal Title IV funds to the state.  The College will not submit these funds to the South Carolina Treasurer's Office.  As of the 2006-2007 financial aid year, the College will reimburse these funds back to the originating federal program.    

^{This page was last updated May 21, 2007}