Siena Heights University
The percentage refund of charges for a complete withdrawal from Siena Heights University is determined by the
following refund chart.
Weeks in Term
Refund at End of Week
15 10 8 6 5 4 3
1 100% 100% 100% 100% 100% 100% 100%
2 90% 80% 70% 70% 60% 50% 0%
3 80% 70% 60% 50% 0% 0% 0%
4 70% 60% 50% 0% 0% 0% 0%
5 0% 0% 0% 0% 0% 0% 0%
6 0% 0% 0% 0% 0% 0% 0%
7 0% 0% 0% 0% 0% 0% 0%
8 0% 0% 0% 0% 0% 0% 0%
Delinquent Accounts
An individual will be in default if the amount due, as listed on the statement is not paid in full by the specified due
date. In addition to the assessment of a $200 per session deferred payment charge, a student in default will not
be allowed to register for future sessions, receive an academic transcript, have academic credits certified, or
receive a diploma at graduation. A student in default may also be subject to withdrawal from school and their
account referred to a collection agency.
Student Financial Holds
Financial holds do not restrict currently enrolled students from accessing the Siena network of student activities.
Financial holds could however restrict access to academic records, future registration and/or issuance of your
diploma.
Taxation of Grants/Scholarships
Grant and scholarship dollars received during the calendar year which exceed your costs for tuition, fees, and
books may need to be reported as income on your Federal Income Tax return. Please consult with your tax
preparer or www.irs.gov.
1098-T Tax Form
The 1098-T form is used by eligible educational institutions to report yearly information about their students to the
IRS as required by the Taxpayer Relief Act of 1997. This form is informational only. It serves to alert students
that they may be eligible for federal income tax education credits. It should not be considered as tax opinion or
advice. While it is a good starting point, the 1098-T, as designed and regulated by the IRS, does not contain all of
the information needed to claim a tax credit. There is no IRS requirement that you must claim the tuition and fees
deduction or an education credit. Claiming education tax benefits is a voluntary decision for those who may
qualify.
Undergraduate and Graduate Catalog 2016-2018
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