Refund Policy

Financial Aid Disbursement Period

All student financial aid will disburse only after the Add/Drop Enrollment period to ensure eligibility.   This disbursement policy impacts when federal aid is disbursed and refunded to students. For additional information on this update, please click here.

Refunds for Federal Aid will be processed within 14 business days of disbursement per the Department of Education guidance.  Refunds for all other aid will be processed within 14 business days of disbursement upon review of eligibility.

BankMobile Refund Program

Our school delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.  Please visit the following link for more information and to request your personal code to make your refund selection.

When it comes to deciding how to get your money, you deserve choices. Your choices include:
DEPOSIT TO AN EXISTING ACCOUNT – Money is transferred to an existing account the same business day we receive funds from your school. Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account.
DEPOSIT TO A BANKMOBILE VIBE CHECKING ACCOUNT – If you open a BankMobile Vibe Checking Account (upon identity verification), money is deposited the same business day we receive funds from your school.
To view our third-party servicer contract for refund management, click here.

Less than Intended

If a student is enrolled in LESS THAN INTENDED the number of credits his/her award was based on, they must contact the Financial Aid Office to have their award updated. Otherwise, their aid will not post to their account until after Attendance Confirmation has been completed.

Summer Financial Aid Awards

Federal Aid will not post to a student’s account until they are actually attending at least 6 credit hours. If you do not meet the 6 credit minimum before Summer Session II begins, your federal aid will not post until after Attendance Confirmation is completed for all summer sessions; therefore you do not qualify for an early refund. If you are anticipating a refund to cover any external expenses and are not eligible for the Early Refund, please plan accordingly as funds will not be available until after the Attendance Confirmation period has been completed.

Credit for Tuition and Fees

To be eligible to receive credit for tuition and fees of dropped or withdrawn courses,  students must officially drop/withdraw within the Course Drop Refund Schedule. Credit for tuition and fees will be calculated based on the actual withdrawal or separation date.

Fall 2022
Course-Drop Refund Schedule
Credit for dropped courses will be calculated based on the actual drop/withdrawal date
08/29/2022 – 09/06/2022        100% credit for tuition and course fee charges
09/07/2022 – 09/12/2022        75% credit for tuition charges only
09/13/2022 – 09/19/2022         50% credit for tuition charges only
 After 09/19/2022       0% for tuition and fees
For weekend and concentrated courses, see the catalog for the drop policy.
Mini-Mester Fall 2022
Course-Drop Refund Schedule
Credit for dropped courses will be calculated based on the actual drop/withdrawal date
First Mini-Mester Session
08/29/2022 – 09/02/2022                     100% credit for tuition and course fee charges
Second Mini-Mester Session
10/24/2022 – 10/28/2022                      100% credit for tuition and course fee charges
For additional information regarding the Mini-mester, please click here.

 

Spring 2023
Course-Drop Refund Schedule
Credit for dropped courses will be calculated based on the actual drop/withdrawal date
01/17/2023 – 01/24/2023        100% credit for tuition and course fee charges
01/25/2023 – 01/31/2023         75% credit for tuition charges only
02/01/2023 – 02/07/2023        50% credit for tuition charges only
 After 02/01/2022       0% for tuition and fees
For weekend and concentrated courses, see the catalog for the drop policy.
Mini-Mester Spring 2023
Course-Drop Refund Schedule
Credit for dropped courses will be calculated based on the actual drop/withdrawal date
First Mini-Mester Session
01/17/2023 – 01/21/2023                      100% credit for tuition and course fee charges
Second Mini-Mester Session
03/20/2023 – 03/24/2023                      100% credit for tuition and course fee charges
For additional information regarding the Mini-mester, please click here.

 

Summer 2023

  Course-Drop Refund Schedule
Credit for dropped courses will be calculated based on the actual drop/withdrawal date
Summer Session I and III  05/22/2023 – 05/26/2023
100% credit for tuition and course fee charges
Summer Session III 05/27/2023 – 06/01/2023
75% credit for tuition charges only
Summer Session III 06/02/23 – 06/05/2023
50% credit for tuition charges only
 Summer Session III    After 06/05/2023
0% for tuition and fees
For weekend and concentrated courses, see the catalog for the drop policy.
Summer Session II 07/05/2023 – 07/09/2023
100% credit for tuition and course fee charges
Summer Session II    After 07/09/2023
0% for tuition and fees
For weekend and concentrated courses, see the catalog for the drop policy.

Course Drop Refund Periods

Fall/Spring Semesters

Timeline Credit Type of Credit
By end of week 1 100% Tuition and Fees
By end of week 2 75% Tuition only
By end of week 3 50% Tuition only
After week 3 0% 0%

Fall/Spring Mini-Mester Semesters

Timeline Credit Type of Credit
By end of week 1 100% Tuition and Fees
After week 1 0% 0%

 

Summer Semesters

Timeline Credit Type of Credit
SS I: From the 1st day of class through the 5th day after class begins 100% Tuition and Fees
SS II: From the 1st day of class through the 5th day after class begins 100% Tuition and Fees
SS III: From the 1st day of class through the 5th day after class begins 100% Tuition and Fees
SS III:  From the 6th day of class through the 11th day after class begins 75% Tuition only
SS III: From the 12th day of class through the 15th day after class begins 50% Tuition only
SS III:  After the 15th day of class 0%

Weekend and Concentrated Courses

Timeline Credit Type of Credit
Within 31 days before class begins 100% Tuition and Fees
30 days before class begins through the first day of class 75% Tuition and Fees
First day of class and thereafter 0%

Weekend and Concentrated Courses

Students are eligible for 100% credit for tuition and fee charges if the class is dropped at least 31 days before the class begins. A 75 percent credit for tuition and fee charges will be given if the class is dropped within 30 days of the start of the class. No credit for tuition and fee charges will be given once classes have begun.

Class/University Withdrawal Policy

In order to receive credit for tuition and fee charges in accordance with the advertised refund/withdrawal period, a student must officially withdraw from a class, even if someone other than the student registered him or her for the class. Failure to do so will constitute a financial obligation to the University because classroom seats reserved during registration continue to be held for a student until he or she officially withdraws from the class. Stopping payment on a tuition check or credit card authorization or not attending a class does not constitute an official withdrawal from class.

A student who received financial aid should check with the Financial Aid Office before withdrawing from any classes. Federal financial aid recipient refunds will be determined based on the federal pro-rata refund regulations. Information and examples of federal pro-rata refunds are available in the Financial Aid Office.

Withdrawal after the Course Drop Refund Period

A student who withdraws from one or all classes after the Course Drop Refund Period does not qualify for a refund. An exception to this policy may be made in extraordinary circumstances such as an illness or medical emergency that qualifies the student for medical leave.

If a student moves out of the residence halls before the end of the semester, credit for room and board will be calculated as outlined in the resident contract for that semester. Meal plans will be adjusted appropriately based on the specific circumstances of the student’s departure. Appeals of any charges must be submitted in writing to the Office of Campus and Residential Services during the semester the student departs the residence halls.

Credit for Commuter Meal Plan Charges

If a student requests a commuter meal plan and then decides not to use that plan, no credit will be given for its cost. Commuter meal plans expire at the end of the semester.