REFUND AND
CANCELLATION POLICIES: In order for a Student to cancel or withdraw from any
program, the following conditions must be met:
Business-Day Cancellations
If
requested within three business days after signing an enrollment agreement and
making an initial payment, the student is not accepted by the school or for any
reason is unable to begin class; all payments will be refunded including the
application fee. Upon
receipt of the refund, the student agrees that its receipt constitutes a full
and complete release of AHI from
any and all liabilities. All governmental and agency refunds will be made within
the required time limits of the funding agency. A student who returns to AHI
after withdrawing must sign a new Enrollment Agreement and will be subject to
the then-current price of tuition.
- Cancellation
can be made in person, by electronic mail, by certified mail or by termination
as determined by school officials.
- All
monies will be refunded if the school does not accept the applicant or if the
student cancels within three (3) business days after signing the enrollment
agreement and making initial payment.
- Cancellation
after the third (3rd) business day, but before the first class, results in a
refund of all monies paid, with the exception of the registration fee.
- Cancellation
after attendance has begun, but before 40% completion of the program, will
result in a prorated refund computed on the number of hours completed to the
total program hours.
- Cancellation
after completing 40% of the program will result in no refund.
- Termination
Date: In calculating the refund due a student, the last date of actual
attendance by the student is used in the calculation unless earlier written
notice is received. Refunds will be made within 30 days or 45 days from the last date of attendance,
whichever is sooner.
- Refunds
will be made within 30 days or 45 days termination of a student’s enrollment
or receipt of Cancellation Notice from the student.
- A
student’s enrollment can be terminated at the discretion of the governing
board for insufficient academic progress, non-payment of academic costs, or
failure to comply with rules.
Financial
Assistance Programs
Students
attending Allied Health Institute (AHI) may be eligible to receive loans or
grants through one or more financial aid programs. Although every student
in an eligible program may apply for financial aid, the amount and type of aid
that may be available will be dependent upon the financial need of the student.
Allied Health Institute uses nationally standardized procedures for determining
the financial need of each student. A student applying for financial aid
will be required to submit the financial information regarding the student and
the student’s family that the School’s Financial Aid Office deems
necessary.
This
information will be kept confidential by Allied Health
Institute.
Federal Pell Grant: Funds received through this program
are grants and do not have to be repaid. Awards are based on family
income, assets, family size, and number of family members in college. The amount
of the award is dependent on Congressional funding levels and is subject to
change annually.
Federal Supplemental Education Opportunity Grant (SEOG):
Funds received through this program are grants and do not have to be repaid.
These funds are very limited and are only given to students with
exceptional financial need. Priority is given to students who are Pell Grant
recipients.
Federal Subsidized Stafford Student Loan: Funds received
under this program are loans and must be repaid. The maximum loan is
$3500.00 per academic year. The interest rate is variable, but never
exceeds 8.25%. Repayment begins six (6) months after the student graduates
or ceases to be enrolled at least half-time. For eligible students, the federal
government will pay the interest while the student is in school and during the
six (6) month grace period.
Federal Unsubsidized Stafford Loan: These loans are
available to independent students who cannot meet the cost of education through
other financial aid programs. The maximum loan is $4,000.00 ($6000 as of July
1st 2008) per academic year. Repayment of the principal can be
delayed until the student completes or leaves school. Interest on the loan
will accrue while in school and can be paid quarterly or it can be capitalized
and repaid with monthly payments after the student completes or leaves
school.
Federal PLUS Loans: The PLUS Loan enables parents to
borrow funds for a dependent student. The maximum amount will vary and is
limited to the cost of education less other financial aid that the dependent
student can receive. Eligibility is based on credit
scores.
Verification:
A student’s Financial Aid
application (FAFSA) may be selected by the Department of Education for a process
called verification to verify the information on the application. Students who
have been selected and have not started classes will be notified by mail and
given a verification worksheet. Active students will be called to the Financial
Aid Office and given the same notice. To complete the verification, the student
must submit the verification worksheet as well as tax/income information as
directed by the worksheet.