Course Withdrawal Refunds
Procedures for official withdrawals are as follows:
Students who want to withdraw must fill out the official withdrawal form and submit it immediately to the Office of the Registrar. Tuition refunds are determined by the date that the Add/Drop Form or Complete Withdrawal Form has been signed by the Registrar.
| Refund Policy | |
|---|---|
| Full tuition, fees, housing, and meal plan refund | Withdrawal prior to and including the opening day of term |
| 85% tuition, fees, housing, and meal plan refund | Withdrawal from the 2nd through the 8th day of the term |
| 70% tuition, fees, housing, and meal plan refund | Withdrawal from the 9th through the 15th day of the term |
| 55% tuition, fees, housing, and meal plan refund | Withdrawal from the 16th through the 22nd day of the term |
| No tuition, fees, housing, and meal plan refund | Withdrawal after the 22nd day of the term |
Institutional Financial Aid
Institutional scholarships and grants will be pro-rated if the student has not incurred full tuition charges.
Return of the Title IV Funds - Federal Financial Aid
Students receiving Title IV funds who withdraw officially or unofficially from all classes, the federal refund calculation will be based on the amount of Title IV earned, based on the amount of time the student has been in attendance.
Examples of the application of each of these policies are available in the Office of the Bursar. Where a refund is required to be returned to Title IV funds, payments will be made in the following order:
- Unsubsidized Federal Direct Stafford Loan
- Subsidized Federal Direct Stafford Loan
- Federal Direct Plus Loan
- Federal Perkins Loan
- Federal Pell Grant
- FSEOG
- Other Title IV aid
- Other federal sources
- State, private, institutional aid
Student individual fees are not refundable after the first day of the term. Once the student’s request is received, processing takes approximately 14 working days. Liability is computed from the date the form is signed by the Registrar. Withdrawals may not be made by telephone. Check registration schedules and the Institute’s calendar for exact liability deadline dates each semester. Withdrawal from courses does not automatically cancel housing or meal plans. Penalties for housing and meal plans are calculated based on the date the student submits a completed Adjustment Form to the Office of Residential Life.
Refunds on Student Credit Balances
Credit balances on a student’s account after applying Title IV funds (Federal Student Aid Funds) will be automatically refunded and a refund check will be mailed to the student within 14 days of the latest of any of the following dates:
- the date the credit balance occurs;
- the first day of classes of a payment period of enrollment; or
- the date the student rescinds their authorization to apply Title IV funds to other charges or for the institution to hold excess funds.
