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Private Education Loans <br />Pacific College does not participate in any preferred lender arrangements for private education loans nor <br />maintain a preferred lender list. <br />Refund Policy <br />Refund Policy Prior to Matriculation <br />An applicant who cancels his/her enrollment prior to the first day of classes shall receive a full refund of <br />all payments less any fees designated as "nonrefundable". <br />Refund Policy After Matriculation <br />Students may cancel enrollment without any financial obligation by the end of the seventh (7th) day after <br />classes start. The cancellation must be in writing and submitted to the President of the College. Please <br />review the section "Students' Rights to Cancellation' for more information. <br />Date of Withdrawal/Date of Determination <br />The date of withdrawal, for purpose of calculating a refund, is the student's last date of attendance. <br />The date of determination is the earliest of when: <br />• A student is officially withdrawn, provides the notice of cancellation, or violates academic policy. <br />• If the student ceases to attend without providing notification, the date of determination shall be no <br />more than 14 days from the student's last day of attendance. <br />Institutional Refund Policy <br />All tuition and fees paid for enrollment shall be deemed to have been paid for educational instructions, <br />unless the payment is for a specific charge for equipment that is set forth in the agreement of the <br />program. The refund does apply to fees identified "non-refundable", and it will be issued within 45 days <br />of withdrawal. <br />Students who consider withdrawing from enrollment are encouraged to contact their Academic and <br />Financial Aid advisors for guidance. The meeting will help students understand how withdrawing from <br />enrollment will affect their financial situation. <br />The student may withdraw from the institution at any time and receive a pro rata refund so long as they <br />have completed less than sixty percent (60%) of the scheduled days in the current payment period of the <br />educational program at the time of withdrawal. The refund will be less any non-refundable fees (non- <br />refundable fees not to exceed $250.00) within 45 days of withdrawal. <br />For determining the amount of any refund, the date of the student's withdrawal shall be the last date of <br />recorded attendance. The amount owed equals the daily charge for the program (total institutional <br />charge, minus non-refundable fees, divided by the number of days in the program), multiplied by the <br />number of days scheduled to attend, prior to withdrawal). <br />See "Withdrawal from the College"for additional details. <br />Scholarships <br />Scholarships are gift -aid that is awarded on the basis of merit, academic achievements, special talents, or <br />other criteria defined by the donor or sponsoring organization. Some scholarships are guided by need - <br />based. <br />Pacific College 2020-2021 Catalog 29 <br />