Refund & Withdrawal Policy

Funds in excess of institutional costs are issued on the fourth Friday of the fall and spring terms and then ongoing on each Friday. Refund Request Forms must be completed in the Student Accounts Office by the close of business on Tuesday in order to be processed during the same week.

Refunds are issued to the student unless their account has a Parent Plus Loan. In this case, the parent listed on the loan will need to provide written authorization to release the refund to the student.

We will not process refunds that include balances of “Pending Aid”.

 

 

Students making schedule adjustments that change their status from full-time to part-time or reduce their part-time load after the first five days of a semester or the first two days of a summer term will not have any adjustments in tuition charges unless they withdraw from the College. For a student withdrawing from the College because of illness or for other reasons approved by the College, the following refund schedule will be used:

Policy for a Student Withdrawing from the College

 

 

Student is required to meet with the Director of Academic Services to complete the withdrawal process.

Students from the College would use the following refund schedule:

 

 

 

 

Fall Semester 2014

Spring Semester 2015

Student Responsibility

 

August 25, 2014 - September 7, 2014

January 13, 2015 – Jan. 26, 2015

20% of tuition

 

September 8, 2014 - September 21, 2014

January 27, 2015 – Feb.  9, 2015

40% of tuition

 

September 22, 2014 - October 5, 2014

February 10, 2015 – Feb. 23, 2015

60% of tuition

 

After October 5, 2014

After February 23, 2015

100% of tuition

 

 

 

 

 

May Term 2015                    

Summer Term 2015

Student Responsibility

 

May 11, 2015 - May 14, 2015                      

June 8, 2015 - June 11, 2015

20% of tuition

 

May 15, 2015 - May 19, 2015                  

June 12, 2015 - June 16, 2015

40% of tuition

 

May 20, 2015 - May 22, 2015            

June 17, 2015 - June 19, 2015

60% of tuition

 

After May 22, 2015                    

After June 19, 2015

100% of tuition

 

 

 

 

 

 

 

Room

A student withdrawing from the College during a semester or summer term will receive no refund of room charges.



Fees

All fees are nonrefundable.



Board

A student withdrawing from the College during a semester, for any reason, will be refunded a part of the charges for board proportionate to the number of days of the semester remaining after the meal ticket is surrendered.



Financial Aid

Refunds of financial aid are a separate calculation to comply with federal regulations.

The calculations include the length of the enrollment period, unpaid institutional charges, all educational costs for the enrollment period and amounts paid toward institutional charges from financial aid and cash paid by the student. Students who consider withdrawing or reducing hours below full-time are advised to contact the Financial Aid Office.



Policy for a Student Withdrawing from a Course

Students making schedule adjustments that change their status from full-time to part-time after the first five days of a semester will not have any adjustments in tuition charges unless they withdraw from the College.