Tuition Refunds: Business Office

There are two topics covered here: 1) withdrawals during the semester and 2) refunds due to over-payments or loan proceeds.

  • Withdrawals and Refunds

    The schedule of reduced tuition and fees applies if a student completely withdraws from all courses during the semester. The date of withdrawal is determined by the Office of Student Affairs based on last day of attendance (for tuition) and date moved out of housing (room and board). All withdrawals from the College must be reported through the Office of Student Affairs. Refunds are not issued for withdrawing from individual courses. 

    There are no refunds for dismissal, suspension, or expulsion from the College and no room refunds for removal from campus housing due to judicial sanction.

    The Business Office will process any funds due after being notified by the Office of Student Affairs and after the Financial Aid Office reviews grant and loan eligibility.  Please be aware that scholarships, loans, and grants may not follow the same refund percentages as the College; you should contact the Financial Aid Office for that information. Financial aid recipients who withdraw from the College after registration but still within a refund period are subject to the College’s refund policy and federal regulations. The Financial Aid Office and the Business Office will jointly determine the appropriate resulting charges and financial aid.

    Prior to the start of the semester, refunds for tuition are computed at 100%, less a $100 administrative fee. Once classes have begun, refunds for reduced course load or withdrawal from the College will be computed according to the schedule below, less a $100 administrative fee.

    First Semester Second Semester Refund
    On or before:    
    August 31, 2011 January 23, 2012 90%
    September 7, 2011 January 30, 2012 80%
    September 14, 2011 February 6, 2012 70%
    September 21, 2011 February 13, 2012 60%
    September 28, 2011 February 20, 2012 50%
    October 5, 2011 February 27, 2012 40%
    After:    
    October 5, 2011 February 27, 2012 0%
    Room and board charges are refunded on a per diem basis. Due to federal regulations, this policy may be subject to change; all students will be notified if and when this policy changes.

    Over-payments and Refunds

    The second type of refund occurs when a student overpays on his/her account, usually through the receipt of loan funds needed for living expenses or books. If the refund is created entirely by federal funds (in very few cases), then the school will process the refund within the time limits of federal law.  Otherwise, refunds will be processed after the add/drop date, February 27, 2012 for the Spring Semester.  Contact the Business Office if you need to expedite this process.

    Note 1: Refunds are issued in the name of the student and mailed to the home address in most cases. You must notify us if this should be handled differently.

    Note 2 (for students on off-campus programs): Refunds for students on off-campus programs can be directly deposited into a bank account if the student makes arrangements with the Financial Aid Office or the Business Office.