General Financial Aid Policies
Student Loan Code of Conduct: As a participant in federal student loan programs, Berkeley College is required to maintain a code of conduct for all personnel involved in the financial aid process. The College supports and adheres to the principles articulated in the federal Higher Education Opportunity Act as well as applicable state laws and regulations. Those principles require financial aid professionals to act with honesty and integrity and to avoid conflicts of interest. The Berkeley College Student Loan Code of Conduct is available on the College website at BerkeleyCollege.edu/Compliance or in the Financial Aid Office at each location.
Enrollment Status Determination: A student’s enrollment status is determined at the end of the add/drop period (week two). At that time the student is charged, and any financial aid is paid based on the enrollment status. Individual course drops after week two do not entitle the student to a refund for that course.
Leaves of Absence: For purposes of student financial aid, a student granted a leave of absence is considered to have withdrawn from the College. Any overpayment of institutional charges will be refunded in accordance with federal regulations. Other than as prescribed in the Tuition Freeze Policy, a student returning from a leave of absence will be charged the prevailing rate of tuition.
Withdrawals from the College: Students who wish to withdraw officially from the College must notify the Advisement Department. The date the student notifies the Advisement Department will be used for tuition refund calculations. Students are strongly encouraged to contact the Financial Aid and Student Accounts Departments prior to withdrawing for an explanation of the tuition and financial aid adjustments that may occur. Students who officially withdraw or are dismissed during or after week seven of the quarter will retain 100 percent of their awards. Students who cease attendance without providing official notification of withdrawal may be responsible for 100 percent of the quarterly charges. Mid-quarter withdrawals will be subject to the tuition refund policy detailed under Tuition and Fees.
