Business Administration - John F. Kennedy University

General Information
Education amendments of 1998. Recalculation is based on the
percent of earned aid using the following formula:
# days completed up to the withdrawal date
% earned = ----------------------------------------------------------------------------------
( total # of calendar days in term )
Federal aid is returned to the federal government based on the
percent of “unearned aid” using the following formula:
amount of aid disbursed
(100% – % earned) x
(toward institutional charges)
The responsibility of returning unearned aid is allocated between
John F. Kennedy University and the student according to the
portion of disbursed aid that could have been disbursed to cover
the University charges and the portion that could have been
disbursed directly to the student once the JFK University charges
were covered. JFK University will distribute the “unearned aid”
back to the title iv programs as specified by law. The student will
be billed for the amount owed to the title iv programs and any
amount due the University resulting from the return of title iv
funds used to cover University charges.
Withdrawal/Leave of Absence
all undergraduate, graduate, and law students who fully withdraw
from JFKU during a quarter/semester must do so according the
schedule and instructions published by the registrar’s office.
Reauthorization of the higher Education amendments, signed
into law on october 7, 1998, resulted in a change in the federal
regulations governing the refund or return of federal (title
iv) funds. When a student withdraws from the University, the
withdrawal date used in determining the federal refund policy is
the date:
• The student files the Add/Drop Form with the registrar’s
office;
• The student officially notifies in writing or by phone to the
registrar’s office the student’s intent to withdraw; or
• The University determines most accurately reflects the last
date of attendance at an academically related activity of the
student.
if the student leaves without beginning JFKU’s official withdrawal
process or otherwise providing official notification of his or her
intent to withdraw, the withdrawal date will be the 50 percent
point of the term. in this instance, JFKU could determine an earlier
withdrawal date if the circumstances beyond the student’s control
(e.g., illness) have prevented him or her from beginning the official
withdrawal process. The University could also determine the last
date of an academically-related activity of the student.
The date used to determine the return of federal funds may be
different from the date used by the University to determine
institutional refunds.
The Financial aid office at JFKU does not recognize leaves of
absence for financial aid purposes.
32 General Information
Veterans’ Benefits
John F. Kennedy University degree programs are approved by
the California state approving agency for veteran’s Education
(CsaavE). Certificate programs are not approved for va benefits.
veterans who expect to receive va educational benefits must
complete a notice to the veteran’s Benefits administrator at the
time of registration. Contact the veteran’s Benefits administrator
in the registrar’s office for current information.
Monthly benefits are based on the number of units taken each
quarter, the scheduled meeting dates of each course taken, and
the number of the veterans’ dependents. The minimum number of
units for each classification is listed in the following table:
Status Undergraduate Graduate Law
_______________________________________________________________________
Full-time 12 9.0 6
_______________________________________________________________________
Three-Quarter-time 9 6.0 4
_______________________________________________________________________
half-time 6 4.5 3
information on monthly benefits for the above attendance rates, for
course attendance while on active duty, or for less than half-time
attendance may be obtained by calling (800) 827-1000. Disabled
veterans are advised to contact the vocational Rehabilitation and
Counseling Division located at 1301 Clay street, oakland Ca
94612-5209. Children of veterans qualify for benefits only if the
veteran has a 100 percent service-related disability.
all applicants and recipients of veterans’ benefits must maintain
a cumulative grade-point average (GPa) of 2.0 (C) if an
undergraduate, 3.0 (B) if a graduate student or 70 if a law student.
linked students must maintain a cumulative GPa of 2.0 (C) in
all undergraduate courses and a cumulative GPa of 3.0 (B) in all
graduate courses during the period of articulation.
students who fail to meet the minimum satisfactory GPa
requirements will be placed on academic probation and notified. if
a student remains on academic probation beyond two quarters or
semesters, the University will report a termination of benefits to the
Department of veterans’ affairs. The University may not continue
to certify the enrollment of a veteran or eligible person whose
academic progress remains below graduation requirements.
The University must report the assignment of non-punitive grades
(e.g., incompletes) to the Department of veterans’ affairs within 30
days from the date the grades are assigned. The student is required
to submit corroborative evidence to substantiate the student’s
claim of mitigating circumstances. This is necessary to ensure
compliance with statutory restrictions on benefit payments. if, at
the end of one year from the date the incomplete was assigned, the
student’s records still reflect a non-punitive grade for the course,
the Department of veterans’ affairs will inform the student that the
benefit payments for the course must be retroactively terminated.
John F. Kennedy University