Little Big Horn College uses the verification process to verify the accuracy of the information the applicant provided on the FAFSA application
The purpose of verification is to make certain students provide accurate information pertaining to their need for financial aid. If students do not provide accurate information, they face the possibility of not receiving any funds. With accurate information, Little Big Horn College will be able to provide a more precise and equitable distribution of federal funds.
All information provided on the student financial aid application is subject to verification. Verification is the term applied to the review process. A percentage of all applicants will be selected for this review process. If selected for verification the student, spouse and parent(s), if applicable, must provide documents (such as Federal Income Tax Returns Transcript for the previous year and verification verifying the number of household members enrolled in post-secondary schools) to prove that the information provided on the application is correct.
Tuition Refund Policy
A portion of the tuition charges may be refunded to students who officially withdraw before the 15th day of instruction. To be eligible for a tuition refund, the student must complete the Little Big Horn College Withdrawal Form and return the completed form to the Registrar’s Office before 5:00 p.m. on the 15th day. No refund for student fees will be made unless they have copy of an official Withdrawal Form. A refund on books is credited to the student's account based on the condition of the book and a copy of an official Withdrawal Form . No refund will made to students who do not officially withdraw or whose misconduct results in suspension or dismissal from the college.
Refund Schedule; The refund schedule is based on instructional days, not including weekends and holidays. Day 1 is the first day of classes as published in this catalog.
Refund Charged: Prior to first day of classes 100% refund 1-5 instructional days 90% refund x6-10 instructional days 75% refund 11-15 instructional days 50% refund After the 15th day of classes NO REFUND IS MADE TO STUDENTS
Grants and scholarships are paid to students by crediting their student billing account in the Business Office first and then the remaining amount will be disbursed to the student once all bills are paid.
The majority of scholarship assistance is allocated to students working towards their first AA degree. Some scholarship programs may allow scholarship assistance to students holding an AA degree.
Return of Federal Student Aid, Title IV Funds
When a student withdraws before completing 60% of the semester, the college must return to the Department of Education any unearned Federal Financial Aid funds up to the unearned percentage of institutional charges for the portion of the period the student did not complete. If a student leaves without officially withdrawing, the college will attempt to determine a last day of attendance through instructors’ attendance records or a review of academically related activity. An academically related activity includes, but is not limited to, an exam, a tutorial, academic counseling and turning in class assignments. The calculation for the Return of Title IV Funds may result in the student owing a balance to either the college and/or the federal government. A Return of Title IV calculation determined the percentage of Title IV aid earned by the student by taking the calendar days completed in the payment period, divided by the total days in the payment period (excluding breaks of 5 days or more and days the student was on an approved LOA. Determine the amount of Title IV aid earned by the student by multiplying the percentage of Title IV aid earned times the total of the Title IV aid disbursed plus the Title IV aid that could have been disbursed for the payment period. If this percentage is greater than 60%, the student earns 100% of the disbursed Title IV funds. If this percentage is less than 60%, then the percentage earned is equal to the calculated value. Funds are returned to the appropriate federal program based on the Percentage of aid earned using the following formula:
Aid to be returned = (100% minus the percent earned) multiplied by the amount of aid disbursed toward institutional charges. If a student earned less aid than was disbursed, the institution may be required to return a portion of the funds and the student may be required to return a portion of the funds. All Title IV funds to be returned by the institution must be made no later than 45 calendar days after the date the school determines that the student withdrew. When Title IV funds are returned, the student may owe a balance to the institution. The funds will be returned in the following Order:
- Federal Pell Grant
- Federal Supplement Education Opportunity Grant (FSEOG)