To be considered for Boston College grant funding, students are expected to enroll on a full-time basis in a degree seeking program. Eligibility for federal aid programs, including Pell grant, Direct loans, Perkins and Work Study requires at least half-time enrollment in a degree seeking program. Summer visitors and other non-matriculating students are generally not eligible for financial aid funds.
Returning Federal Funds
Students receiving Federal Title IV funds are subject to the following withdrawal/refund process for those funds: The University is required to return to the federal aid programs the amount of aid received that was in excess of the aid "earned" for the time period the student remained enrolled. Students who remain enrolled through at least 60% of the payment period (semester) are considered to have earned 100% of the aid received. If the University is required to return funds to Title IV aid programs, those funds must be returned in the following order: Federal Unsubsidized Direct Loans, Federal Subsidized Direct Loans, Federal Perkins Loans, Federal Direct PLUS, Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, and Federal TEACH Grants. Returning funds to these programs could result in a balance coming due to the University on the student's account.
Returning Boston College Funds
If you withdraw after classes have begun, we will also determine how much Boston College will charge you based on the week of your withdrawal. Your charges on your student account will change to reflect the time you were enrolled. As you can see on the chart below, if you withdraw during week 1, you will be charged 20% of the semester's tuition. Similarily, if you received Boston College grant funding, you will keep 20% of the semester's grant. Fees are not refundable.
Tuition is canceled subject to the following conditions:
- Notice of withdrawal must be made in writing to the dean of the student's school.
- The date of receipt of written notice of withdrawal by the Dean's Office determines the amount of tuition canceled.
The cancellation schedule that follows will apply to students withdrawing voluntarily, as well as to students who are dismissed from the University for academic or disciplinary reasons.
- by August 31, 2012: 100% of tuition charged is canceled
- by September 14, 2012: 80% of tuition charged is canceled
- by September 21, 2012: 60% of tuition charged is canceled
- by September 28, 2012: 40% of tuition charged is canceled
- by October 5, 2012: 20% of tuition charged is canceled
- by January 11, 2013: 100% of tuition charged is canceled
- by January 25, 2013: 80% of tuition charged is canceled
- by February 1, 2013: 60% of tuition charged is canceled
- by February 8, 2013: 40% of tuition charged is canceled
- by February 15, 2013: 20% of tuition charged is canceled
No cancellations are made after the 5th week of classes.
Leaving the University
If you leave the university, you must notify appropriate offices according to current policies described in the Boston College catalog, including the Dean of your school and the Office of Student Services. Whether you graduate or take a leave of absence, you must advise your lender(s) and contact the Office of Student Services for exit counseling or materials covering repayment responsibilities.
Planning Your Return
You will need to plan your return if you take a leave of absence before your graduate. The Office of Student Services has financial aid application materials available for the upcoming academic year beginning in January, with an April 15th filing deadline. Please visit www.bc.edu/undergradaid for a list of requirements and deadlines.
Additional Semesters of Aid
Every student may be eligible to receive financial aid for up to eight academic terms, excluding the summer terms. Students who require additional terms of aid to graduate must write a letter of appeal to the Office of Student Services outlining the circumstances of why you need additional funding. Authority to grant or deny additional terms of aid rests with the Office of Student Services.