Post-Withdrawl Disbursement

If, at the time of withdrawal, CEU makes the determination that less aid was disbursed than the student was eligible to receive, a post-withdrawal disbursement will be offered. Post-withdrawal disbursements will continue to be offered within 30 days of the date CEU determined the student withdrew, will be in writing and will identify the types and amounts of Title IV funds that make up the post withdrawal disbursement. Students or parents will be notified that they can accept or decline some or all of the post-withdrawal disbursement that has not been credited to the student's account to pay unpaid institutional charges. Post withdrawal disbursements to the student/parent will be canceled if no response is received to this notification within 14 days of initial notification. CEU may disburse this payment at a later date if the student or parent subsequently request the payment. This payment will be processed within 90 days of the request in the current fiscal year; if not in the current fiscal year, the request will be denied. Notification will be provided to the student or parent in writing of CEU's decision to process or not to process the post withdrawal disbursement. Post-withdrawal disbursements will first be made from grant programs and then from student loans if the loan is through EFT.

The following steps will be followed in determining a post-withdrawal disbursement:

Step 1 : Determine the amount of the post-withdrawal disbursement as calculated in step 4, B of the Return of Title IV Funds procedures. Example: In the example used it was determined that Pell Grant had not yet been disbursed, but the student was eligible prior to withdrawal. Based on step 4, B, the post-withdrawal disbursement is: $937.50

Step 2 : Determine the post-withdrawal disbursement which will be credited to the students account.

A. The outstanding institutional charges on the student's account are, $711.00

B. CEU will credit a post-withdrawal disbursement to the following:

  1. Amount credited for tuition, fees, room & board ( if living on campus) is: $ 711.00
  2. Amount credited for other charges is: $0.00
  3. Amount credited for prior year charges less than $100 is: $0.00
  4. Total amount credited to student account is: $711.00

Step 3 : The balance of the post-withdrawal disbursement will be offered to the student or parent.

A. The total amount of post-withdrawal disbursement from step 1, subtracted from the post-withdrawal disbursement credited to the students account from step 2, B equals the amount to be offered to the student/parent.

Example: Total post-withdrawal amount from step 4, B, Return of Title IV Funds, is: $937.50 minus the amount credited to the student account $711, equals $226.50 The amount of $226.50 will be offered to the student.

Examples of these policies and procedures are available upon request from the Office of Student Financial Services.