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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 2020 Spring Semester 2021 Student Responsibility
August 17, 2020 –
August 30, 2020
January 12, 2021 –
January 25, 2021
20% of tuition
August 31, 2020 –
September 13, 2020
January 26, 2021 –  February 8, 2021 40% of tuition
September 14, 2020 –
September 27, 2020
February 9, 2021 –  February 22, 2021 60% of tuition
After September 27, 2020 After February 22, 2021 100% of tuition
 
May Term 2021 Summer Term 2021 Student Responsibility
May 12, 2021 –
May 15, 2021
June 10, 2021 –
June 13, 2021
20% of tuition
May 16, 2021 –
May 19, 2021
June 14, 2021 –
June 17, 2021
40% of tuition
May 20, 2021 –
May 23, 2021
June 18, 2021 –
June 20, 2021
60% of tuition
After May 23, 2021 After June 20, 2021 100% of tuition

Fees: 

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

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.