Address ChangeYou must keep both your permanent and local addresses current with the DMAC Office of the Registrar to avoid delays in receipt of important Financial Aid and/or disbursement information. Fill out a Change of Mailing Address form each time you change your address. Checks will be mailed to your local address.
Confidential Information (Privacy Act)The Privacy Act exists to protect your right to confidentiality and limits our release of information about your file or award(s). Therefore, information released over the phone must be limited to general information. You must submit a written request if you need information about your financial aid released to an outside agency or to another person. If you have questions concerning Financial Aid at DMAC, please contact the Student Finance Department at 1-866-255-3622.
Please refer to the Couse Catalog (located under Students/Current Students) for more information regarding Financial Aid policies at the college.
Refund Policy for Financial Aid Recipients Who Withdraw (Title IV)Any student receiving federal financial assistance who completely withdraws from all classes at DMAC will be subject to the following refund policy required by federal regulation (Return to Title IV). This policy only applies to students receiving assistance through the Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Direct Subsidized Stafford Loan, Direct Unsubsidized Stafford Loan, Grad PLUS and Parent PLUS Loans for Undergraduate Students Programs. This policy assumes a student earns his or her financial aid based on the period of time the student remains enrolled through the semester. Upon withdrawal, the DMAC Registrar will determine the date of the student's withdrawal. The DMAC Business Office will calculate the amount of financial assistance the student earned while enrolled in classes according to the following formula:
Number of days enrolled divided by the total number of days in the semester.
If the amount of federal aid disbursed exceeds the amount of federal aid earned as of the date of the withdrawal, the College, the student, or both are required to return some portion of the federal aid received. Post-withdrawal disbursements of Title IV funds which occur when the student withdraws and the amount earned is greater than the amount disbursed (and based on the late disbursement rules) for which the student is eligible are required to be included in the refund calculation.
Students who remain enrolled beyond 60 percent of the semester are considered to have earned 100 percent of the financial aid received. Students who are enrolled for less than 60 percent of the semester will likely be responsible for repaying a portion of the financial aid received. The DMAC Business Office will calculate the amount of any refund due according to the Return of Title IV Funds Formula outlined in federal regulations. Any refund amount calculated from this formula will be returned to the appropriate federal financial aid programs and lenders. Calculated refund amounts are returned to the federal financial aid programs and lenders. If a student earned more aid than was disbursed to him/her, the institution would owe the student a post-withdrawal disbursement. From the date the institution determined the student withdrew, grant funds must be paid within 45 days and loan funds must be paid within 180 days.
Return of Unearned Aid is allocated in the following order:
Under this policy, the date of withdrawal is the date the student began the withdrawal process by contacting the DMAC Office of Admissions or Registrar either in person, by phone or online to complete a Notice of Withdrawal form. If a student leaves DMAC without contacting the Office of the Registrar to formally withdraw, the withdrawal date will be designated as the last date of attendance. For students who fail to return from an approved leave of absence, the withdrawal date will be designated as the date the leave of absence began or the last date of attendance. Funds will be returned to the lender or appropriate Title IV program within 45 days of the Date of Determination of the student’s withdrawal.
CANCELLATION AND INSTITUTIONAL REFUND POLICY
Cancellation PolicyIf a student decides to cancel his/her Enrollment Agreement in writing within three (3) business days of signing the Enrollment Agreement, the Enrollment Fee and any tuition deposits made will be refunded to the student. Refunds will be sent to the student within 30 days of the rescission.
Institutional Withdrawal Calculation (Refund Policy)Withdrawal from the program during the first week of the semester (15 weeks) will result in a 100% refund of tuition and fees. DMAC will retain the Enrollment Fee. This Enrollment Fee will remain current for 364 days, after which a new Enrollment Agreement and Fee will be required.
All registration fees will be refunded if the applicant is denied entrance into his or her program of study.
Tuition and Fee DisclosureTuition is calculated on the supposition that a student will continue for the duration of the academic year. In view of the fact that a seat in class has been held in reserve, tuition will be refunded in accordance with the DMAC Institutional withdrawal policy. Students withdrawing from the college must comply with the proper authorization policy and procedures as defined in the catalog. Students will be responsible for all tuition, fees, books, laptop, software, and supplies for each semester they are presently attending in addition to any prior account balance. This withdrawal calculation only applies to students who recently applied; we process the refund calculation based on what the student’s enrollment agreement says; all refund calculations might not be the same.
Loan Repayment Options for Federal Student Loans:https://studentaid.ed.gov/repay-loans/understand/plans
Federal Work Study Application with Terms and Conditions of Employment (See the Student Finance Department)