Refund Policy | Withdrawal Requirements | Return of Federal Financial Aid

General Refund Policy

    Tuition Charged    Tuition Refunded
 Fall or Spring Semester     

 Withdrawal occurring: 

   

 Prior to first day of classes 

 0%

 100% 

 Before end of second week 

 20%

 80% 

 Before end of third week 

 60%

 40%

 After end of third week 

 100%

 0%

 Summer Sessions    

 Withdrawal occurring: 

   

 Prior to first day of classes 

 0%

  100% 

 Before end of first week 

 20%

  80% 

 Before end of second week 

 60%

  40% 

 After end of second week 

 100% 

0% 

The following items will be excluded from the refund calculation:

  1. The comprehensive fee
  2. Supplies, which are considered 100 percent expended upon purchase
  3. Books, which are considered 50 percent expended during the first week of classes and 100 percent thereafter
  4. The documented cost of any equipment issued to the student and not returned in good condition
  5. Library fines and late fees
  6. Security deposits, which will be returned separately once it has been determined that no damages or fines have been assessed

Return of Federal Financial Aid
Students should understand that withdrawing from the University may cause them to owe more money than if they had remained to complete the semester/term.

Withdrawing students who have been awarded Title IV Program aid funds are permitted to retain a pro-rata portion of these funds as an offset (payment) against tuition charges prior to completion of 60 percent of any term or summer session. After the 60 percent mark, all such aid is treated as 100 percent earned. Title IV Program or Federal funds would include Pell and SEOG grants, and Perkins, Stafford, and PLUS loans.

For example, a student withdrawing during a fall or spring term on the 20th calendar day after the start of classes retains 19 percent of the total Title IV aid awarded (excluding Federal Work Study). This percentage is calculated by dividing the 20 days completed by the 105 total days in the term (including Saturdays, Sundays, and holidays). This retained aid is then applied against the remaining balance of tuition charges calculated under the general refund policy. The balance of the Title IV aid - or 81 percent - must be returned to the appropriate issuer. If this student also received University awards (non-Title IV Program), the same retention percentage would apply.

If a student withdrew after 60 percent of the term was completed, or on the 63rd day, 100 percent of the aid would be retained.

A student withdrawing during a summer session on the 20th calendar day after the start of classes retains 47.6 percent of the total Title IV aid awarded. This percentage is calculated by dividing the 20 days completed by the 42 total days in the session (including Saturdays, Sundays, and holidays). This retained aid is then applied against the remaining balance of tuition charges calculated under the general refund policy. If this student also received University awards (non-Title IV program), the same retention percentage would apply.

If a student withdrew after 60 percent of the term was completed, or on the 25th day, 100 percent of the aid would be retained.

That portion of Federal Title IV aid that will be returned to the issuer must be repaid in the following order:

  1. Unsubsidized Federal Stafford Loan
  2. Subsidized Federal Stafford Loan
  3. Federal PLUS Loan
  4. Federal Perkins Loan
  5. Federal Pell Grant
  6. Federal SEOG Aid
  7. Any other Title IV program aid
  8. Other federal, state, or private student financial assistance