Camdenton - 573.346.7800        St. Robert - 573.336.3888     Rolla - 573-368-3136
Terms & Policies
Salem Clinic Floor: Monday: 10am - 5pm Tuesday - Thursday: 10am - 6pm Friday - Sunday: Closed
St. Robert Clinic Floor: Mon - Wed - Thur: 10am - 5pm Tuesday 10am - 6pm Friday: 10am - 3pm Sat - Sun: Closed
Camdenton Clinic Floor: Mon - Wed - Thur: 10am - 5pm Tuesday: 10am - 6pm Friday: 10am - 3pm Sat - Sun: Closed
Copyright  2021 Central and Salem Colleges, All Rights Reserved
Return to Title IV Policy for Salem College of Hairstyling and Central College of Cosmetology
The current federal refund policy applies to all students receiving Title IV federal financial aid who withdraw, are dismissed, stop attending, or take a leave of absence from the College during the payment period in which they are enrolled. If a recipient of Title IV aid withdraws during a payment period, the College must calculate the amount of Title IV aid the student earned. Unearned Title IV funds must be returned to the Title IV programs. Earned Title IV Funds Title IV funds used to cover educational costs according to the length of time the student was enrolled before withdrawing. The amount of funds earned is directly proportional to the number of clock hours scheduled to have been completed in the payment period as of the student's withdrawal date, by the total number of clock hours in the payment period. If the resulting percentage is greater than 60% a student is considered to have earned all aid. Unearned Title IV Funds The amount of assistance awarded under Title IV that has not been earned by the student and must be returned to the programs. The unearned Title IV funds percentage is determined by subtracting the earned Title IV percentage from 100. To calculate the amount of unearned Title IV funds, multiply the total disbursed federal financial aid by the unearned Title IV refund percentage. Withdrawal Date The withdrawal date shall be the last date of attendance.
Camdenton - 573.346.7800        St. Robert - 573.336.3888     Rolla - 573-368-3136
Copyright  2021 Central and Salem Colleges, All Rights Reserved
Salem Clinic Floor: Monday: 10am - 5pm Tuesday - Thursday: 10am - 6pm Friday - Sunday: Closed
St. Robert Clinic Floor: Mon - Wed - Thur: 10am - 5pm Tuesday: 10am - 6pm Friday: 10am - 3pm Sat - Sun: Closed
Camdenton Clinic Floor: Mon - Wed - Thur: 10am - 5pm Tuesday: 10am - 6pm Friday: 10am - 3pm Sat - Sun: Closed
Terms & Policies
Return to Title IV Policy for Salem College of Hairstyling and Central College of Cosmetology
The current federal refund policy applies to all students receiving Title IV federal financial aid who withdraw, are dismissed, stop attending, or take a leave of absence from the College during the payment period in which they are enrolled. If a recipient of Title IV aid withdraws during a payment period, the College must calculate the amount of Title IV aid the student earned. Unearned Title IV funds must be returned to the Title IV programs. Earned Title IV Funds Title IV funds used to cover educational costs according to the length of time the student was enrolled before withdrawing. The amount of funds earned is directly proportional to the number of clock hours scheduled to have been completed in the payment period as of the student's withdrawal date, by the total number of clock hours in the payment period. If the resulting percentage is greater than 60% a student is considered to have earned all aid. Unearned Title IV Funds The amount of assistance awarded under Title IV that has not been earned by the student and must be returned to the programs. The unearned Title IV funds percentage is determined by subtracting the earned Title IV percentage from 100. To calculate the amount of unearned Title IV funds, multiply the total disbursed federal financial aid by the unearned Title IV refund percentage. Withdrawal Date The withdrawal date shall be the last date of attendance.
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