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Refund Policies

Refund Policy for:

Refund policy for Drop/Withdrawal of Summer Term Courses

Refund policy for Drop/Withdrawal of Full Semester Courses: Fall & Spring Semesters

Refund policy for Drop/Withdrawal Regarding Modular Courses: Courses that do not meet the standard 15 weeks, i.e. five-week modular courses

Refund policy for Title IV Financial Aid

The Department of Education (DOE) will no longer dictate institutional refund policies for students receiving federal student aid under the new "Return of Title IV Funds" regulations published on November 1, 1999. However, under the new rules, institutions are to follow a formula prescribed by the Department of Education to determine how much Title IV aid a student has received and not earned at the time of withdrawal as well as how much financial aid has to be returned and by whom. The amount of aid earned is calculated on a pro rata basis through 60 percent of the payment period.

Refund policy for unclaimed refund checks

Unclaimed Property (Un-cashed Checks): Per State of Rhode Island regulations, all un-cashed checks (except for Title IV (federal) financial aid funds) are to be sent to the Rhode Island General Treasurer's Office. The Community College of Rhode Island sends these checks when they become one year old.

Federal Regulations stipulate that a refund check that resulted from the application of Title IV financial aid refunds that is due to be sent to the State of Rhode Island, must instead be returned to the appropriate Title IV financial aid program.  CCRI returns un-cashed federal financial aid refunds on a monthly basis.

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