Financial Aid Refund and Repayment

Minnesota State College Southeast is not required to, and does not, record student attendance. Federal regulations mandate that an institution have a procedure to ensure that students have attended, at a minimum, one class session in each course in which the student is registered if that course was used to determine enrollment status for Federal Pell Grant.

On the sixth class day of the semester, after the drop/add period has ended, the Financial Aid Office asks faculty for names of students who have not attended a class session. Classes the student has not attended are flagged as ineligible for financial aid and are not included in the award calculation for disbursement of funds.

If a student withdraws or is no longer attending college, financial aid is refunded to the appropriate funding source based on the amount a student has earned when he/she ceases attendance. The amount of financial aid earned is the percentage of the period of enrollment completed multiplied by the total amount of financial aid. As a result, the student may be responsible for repaying a portion of the financial aid disbursed. Students who choose to withdraw or are no longer attending the college should work with the Financial Aid Office to understand the impact of this policy.