Refund & Withdrawal Policy
Funds in excess of institutional costs are typically issued within 30 days of the start of each academic term, and then on Fridays afterward. Refund Request Forms must be completed by the close of business on Monday in order to be processed.
Refunds are issued to the student unless their account has a Parent Plus Loan, in which case refunds are issued based on the borrower’s instructions provided on the loan application itself.
The Student Accounts Office 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:
| Fall Semester 2021 | Spring Semester 2022 | Student Responsibility |
| August 23, 2021 – September 5, 2021 |
January 11, 2022 – January 24, 2022 |
20% of tuition |
| September 6, 2021 – September 19, 2021 |
January 25, 2022 – February 7, 2022 | 40% of tuition |
| September 20, 2021 – October 3, 2021 |
February 8, 2022 – February 21, 2022 | 60% of tuition |
| After October 3, 2021 | After February 21, 2022 | 100% of tuition |
| May Term 2022 | Summer Term 2022 | Student Responsibility |
| May 11, 2022 – May 14, 2022 |
June 9, 2022 – June 12, 2022 |
20% of tuition |
| May 15, 2022 – May 18, 2022 |
June 13, 2022 – June 16, 2022 |
40% of tuition |
| May 19, 2022 – May 22, 2022 |
June 17, 2022 – June 19, 2022 |
60% of tuition |
| After May 22, 2022 | After June 19, 2022 | 100% of tuition |
Fees
All fees are non-refundable.
Room
A student withdrawing from the College during a semester or summer term will receive no refund of room charges.
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.