When Oberlin asked students to depart campus, 60 percent of the semester remained. As a result, Oberlin will reimburse families for 60 percent of their College housing and dining costs prorated in accordance with the institutional scholarship and need-based aid the College provides to reduce students’ cost of attendance.
Once you have confirmed there is a credit on your account, you have a few options detailed below.
• Maintain the credit on your account to offset next year's charges.
No action is necessary. Your credit will automatically be applied to future charges.
• Allocate the credit to reduce student loans.
Students or authorized proxy users should email the Financial Aid Office directly at firstname.lastname@example.org to request a loan reduction.
Please include student's name, T/ID number, the specific loan you want reduced and the amount of the credit you want to go towards reducing the loan.
• Donate all or a portion of your credit to Oberlin.
Students or authorized proxy users should email the Student Accounts Office directly at email@example.com to donate funds.
Include the student's name, T/ID number and amount you want donated.
Please consult with your tax and legal advisors regarding any ramifications of receiving a refund or making a gift of a refund to which you are entitled, particularly if you used tax advantaged assets such as Section 529 plans to pay for these costs. Refund gifts will be designated to the Parents Fund, which supports the immediate and greatest needs of the college. If you have questions, please contact Amy Raufman, Director of Parent and Family Giving at firstname.lastname@example.org.
• Request a refund of the credit balance.
Please note, to expedite the process all refunds will be made directly to the student. We will not be processing refunds to other parties at this time.
Students or authorized proxy users should email the Student Accounts Office directly at email@example.com to request a refund.
Include the student's name, T/ID number and amount you want refunded.
If the student has a direct deposit setup with the school, we will process the refund to that account and no further actions are necessary.
If the student does not have a direct deposit setup with the school, we will automatically process a check and send it to your permanent address on file.
If you do not have a direct deposit setup with the school and prefer to receive funds via ACH as opposed to a check, please fill out an ACH Enrollment Form and attach it to your email correspondence.
Once the Student Accounts Office receives the refund request and the office has acknowledged receipt of email, you should receive the refund within two weeks.
Oberlin reimbursed families for 60 percent of the housing and dining costs prorated in accordance with the institutional scholarship and need-based aid already provided to reduce the out-of-pocket cost of attendance.
The following table shows how institutional scholarship and need-based aid is allocated for tuition and fees, housing, and dining.
|Spring||% of Total||Aid Applied||Family Cost|
|Tuition and Fees||$28,434||80.17%||$7,216||$21,218|
Calculation of Refund for Room & Board
|Family Cost||60% Refund|
At Oberlin -- like at many colleges -- the full cost of attendance is taken into consideration when calculating the financial aid offered to students. The full cost of attendance includes tuition and fees, housing and dining costs. Both Oberlin-provided merit and need-based financial awards were allocated to room and board when determining the final refund.
Please contact the Office of Student Accounts with any questions.