script

Consumer Information and Disclosures

Drury University > Financial Aid > Consumer Information and Disclosures

Equity in Athletics

Information regarding athletic program participation rates and financial support data are provided annually in the Equity in Athletics Report (EADA).

Penalties Associated with Drug-Related Offenses

Title IV aid eligibility is suspended for drug-related offenses in two circumstances:

  1. When a student is convicted under federal or state law of the sale or possession of drugs during a period of enrollment when the student is receiving federal aid, or
  2. the student was denied federal benefits for drug trafficking by a federal or state judge.

Convictions for drug-related offenses that do not include one of the two criteria above are not subject to this policy. A conviction for a drug-related offense that was reversed, set aside, or removed from the student’s record does not impact a student’s eligibility for Title IV aid. A conviction for a drug-related offense that occurred when a student was a juvenile does not impact a student’s eligibility for Title IV aid, unless the juvenile was tried as an adult.

Students self-certify their drug conviction status on the Free Application for Federal Student Aid. Failure to report a drug conviction accurately may impact a student’s eligibility for Title IV aid, so it is important to provide accurate information. If you fail to self-certify an applicable drug conviction, or if you are convicted after you submit the FAFSA form, eligibility for federal aid will be immediately terminated, and you may be liable for repayment of any financial aid you received during a period of ineligibility. The Financial Aid Office will notify students who become ineligible for federal aid due to a drug conviction.

The duration of a student’s ineligibility varies, and is determined by federal regulations. Students may regain eligibility for federal aid by successfully completing an approved drug rehabilitation program or by passing two unannounced drug tests administered by an approved drug rehabilitation program. Students who regain eligibility during the award year should notify the Financial Aid Office.

Retention and Graduation Rates Drury University

Student Loan Code of Conduct

In accordance with the 2008 Higher Education Opportunity Act (HEOA), Drury University has established a Student Loan Code of Conduct to ensure the integrity of student loan administration. All Drury University employees who bear responsibility for administering student loans will comply with the principles outlined in this Code of Conduct.

  1. Drury University employees who bear responsibility for administration of student loans shall not enter into a revenue-sharing arrangement with any lender, either personally or on behalf of the university. Revenue-sharing is defined according to 34 CFR 601.21(c)(1) as “an arrangement between the institution and a lender under which:
    1. A lender provides or issues an educational loan to students attending the institution or to the families of such students; and
    2. The institution recommends the lender or the loan products of the lender and in exchange, the lender pays a fee or provides other material benefits, including revenue or profit sharing, to the institution, or an agent.”
  2. Drury University employees who bear responsibility for administration of student loans shall not solicit or accept any gift from a lender, guarantor, or servicer of educational loans. Gifts are defined according to 34 CFR 601.21(c)(2) as “any gratuity, favor, discount, entertainment, hospitality, loan, or other item having monetary value of more than a de minimus amount. The term includes gifts of services, transportation, lodging, or meals, whether provided in kind, by purchase of a ticket, payment in advance, or reimbursement after the expense has been incurred.”
  3. Drury University employees who bear responsibility for administration of student loans shall not accept from any lender or affiliate of any lender any fee, payment, or other financial benefit (including the opportunity to purchase stock) as a compensation for any type of consulting arrangement or other contract to provide services to a lender or on behalf of a lender relating the educational loans.
  4. Drury University employees who bear responsibility for administration of student loans shall not assign, through packaging or other methods, a first-time borrower’s loan to a particular lender, or refuse to certify, or delay certification of, any loan based on the borrower’s selection of a particular lender or guaranty agency.
  5. Drury University employees who bear responsibility for administration of student loans shall not request or accept from any lender any offer of funds to be used for educational loans, including funds for an opportunity pool loan, to students in exchange for the institution providing concessions or promises regarding providing the lender with a specified number of educational loans, a specified loan volume, or a preferred lender arrangement for such loans. Opportunity pool is defined according to 34 CFR 601.21(c)(5) as a “loan made by a lender to a student attending the institution or the family member of such a student that involves payment, directly or indirectly, by such institution of points, premiums, additional interest, or financial support to such lender for the purpose of such lender extending credit to the student or family.”
  6. Drury University will not request or accept from any lender any assistance with call center staffing or financial aid office staffing, unless the lender is providing the following:
    1. Professional development training for financial aid administrators,
    2. Educational counseling materials, financial literacy materials, or debt management materials to borrowers, provided that the materials disclose to borrowers the identification of any lender that assisted in preparing or providing such materials, or
    3. Staffing services on a short-term, nonrecurring basis to assist the institution with financial aid related functions during emergencies.
  7. Drury University employees who bear responsibility for administration of student loans or other financial aid, and who serves on an advisory board, commission, or group established by a lender, guarantor, or group of lenders or guarantors, must not receive anything of value from the lender, guarantor, or group of lenders or guarantors, except that the employee may be reimbursed for reasonable expenses incurred in serving on such advisory board, commission, or group.

Withdrawals and the Return of Title IV Funds

Drury University encourages all students to carefully consider the financial and academic ramifications of withdrawing from any coursework. Federal financial aid regulations require the Financial Aid Office to perform a Return to Title IV recalculation for federal financial aid eligibility for students who withdraw, drop out, are dismissed, fail to begin enrollment in, or take a leave of absence (and do not return) prior to completing 60 percent of their coursework. Students who have completed 60% of their course enrollment have earned their full federal aid eligibility for that term, but a Return to Title IV calculation will still be processed to determine the student’s eligibility for a post-withdrawal disbursement. All Return to Title IV calculations will be processed as soon as possible, but no later than 45 days after the determination a student has withdrawn.

If a student wishes to withdraw from a course or courses, the designated office the student should contact the Registrar’s Office or the branch campus coordinator. Failure to begin attendance in a course does not constitute a formal withdrawal from a course, and students may still incur charges for that course if it is not formally dropped. If the Financial Aid Office becomes aware that a student does not begin attendance in a course in which he or she is enrolled, financial aid eligibility will be recalculated according to actual enrollment. The student will not be formally withdrawn from the course unless he or she follows the appropriate steps to do so.

If a student officially withdraws from Drury University, the student’s withdrawal date will be determined by the later of: a. the date the student initiated the withdrawal or b. the date the student provided official notification to the institution of the intention to withdraw. The institution’s determination of the date that the student has withdrawn is the date that the student officially withdraws.

If a student unofficially withdraws (ceases attending), the student’s withdrawal date will be determined by the date of the student’s last attendance at an academically related activity. If a student is administratively withdrawn, or withdraws due to circumstances beyond the student’s control, the date of the action or circumstance will be used. If it is not possible to determine the student’s last date of attendance, action, or circumstance, the midpoint of the payment period will be used. The institution’s determination of the date that the student has withdrawn is the date that the school becomes aware the student has ceased attendance.

If the Financial Aid Office determines that a student enrolled but did not earn credit in any coursework for a semester, the student’s last date of attendance in each course will be reviewed. If the student failed to attend a sufficient portion of each course to earn a grade (including at least one day of finals week for each course), a return calculation will be performed using the latest last date of attendance. Because a review of all final course grades is required for this process, it may be mathematically impossible for the return calculation to occur within the standard 30 day timeframe following the student’s unofficial withdrawal. The date of notification used on the R2T4 will necessarily be after the semester has ended.

A student who previously indicated an intent to withdraw may rescind that intention in writing. However, if the student subsequently ceases to attend the institution prior to the end of the payment period or period of enrollment after rescission of official notification, the student’s rescission is negated and the withdrawal date is the date the student originally indicated the intent to withdraw.

Recalculation of federal aid is based on the percent of earned aid using the following formula:

Percent earned = Number of days completed up to withdrawal date divided by total days in the semester

Federal financial aid is returned to the federal government based on the percent of unearned aid using the following formula:

Aid to be returned = (100% minus percent earned) times the amount of aid disbursed

When aid is returned, institutional charges that were previously paid by Title IV funs may become a debt that the student is responsible to repay. The student may owe an outstanding balance to the university, or an overpayment to the federal government. The student should contact the Business Office to make arrangements to pay the balance.

If a student is eligible for a post-withdrawal disbursement of Pell Grant, it will be processed within 45 days. If a student has not previously been offered Direct Student Loans, he or she will be offered those loans within 30 days, and will have 14 days to respond in writing. If no response is received within 14 days, no loan funds will be processed. All post-withdrawal funds are applied to the student account first, and any resulting credit balance will be returned to the student within 14 days, according to the preferences he or she selected with BankMobile.

Federal funds will be returned in the following order:

  1. Direct Unsubsidized Loan
  2. Direct Subsidized Loan
  3. Direct PLUS Loan
  4. Federal Pell Grant
  5. Federal SEOG Grant
  6. Federal TEACH Grant
  7. Federal Iraq Afghanistan Service Grant

Admission Requirements

Drury University admits as regular students only persons who: 

  • have a high school diploma, and/or,
  • have the recognized equivalent of a high school diploma, and/or, 
  • are beyond the age of compulsory attendance in the State of Missouri. 

Students who do not submit such documentation or meet such requirements will be ineligible for federal financial aid. If the institution or the Secretary of Education has reason to believe that the high school diploma is not valid or was not obtained from an entity that provides secondary school education, an official from the institution (Director of Admission, Director of Financial Aid, Registrar, or other individual as appropriate) may request additional information or documentation to validate the diploma. Failure to submit validating information upon request will disqualify the student from admission and financial aid opportunities.