Refund Policy for Dropped Courses

Students who officially withdraw from the University or withdraw from class(es) may be eligible for a refund of tuition based upon the amount of tuition assessed and the date of official withdrawal. Students must officially withdraw through the office of the registrar to be eligible for any refund. All financial aid must be adjusted before issuing a refund.

Tuition refunds for summer sessions are prorated based upon the official withdrawal date and the portion of the session elapsed. Contact the office of the bursar for specific refund amounts. Refund checks are issued each Friday to those individuals who had a credit balance / overpayment on their Bursar account at the end of the previous week. The checks are available for pick up after noon on Friday in the office of the bursar. Checks not picked up by 5:00 p.m. on the next business day will be mailed to the student's local address.

 

Refund Schedule

Please visit the Bursar's Office website for more information on the refund policy.

 

Full Term
Number of Calendar Days from Beginning of the Semester Amount of Refund
Before first day of class 100%
1st - 7th Day 100%
8th - 14th Day 80%
15th - 21st Day 60%
22nd - 28th Day 40%
29th - 35th Day 20%
After 35th Day 0%

 

Split Term (7 Weeks) Split Term (8 Weeks)
Number of Calendar Days from Beginning of the Semester Amount of Refund Number of Calendar Days from Beginning of the Semester Amount of Refund
Before first day of class 100% Before first day of class 100%
1st - 7th Day 100% 1st - 6th Day 100%
8th - 14th Day 60% 7th - 13th Day 60%
15th - 21st Day 20% 14th - 20th Day 20%
After 21st Day 0% After 20th Day 0%

 

Important Notes

Failure to attend class(es) is not sufficient notice to the University to qualify for a refund and may result in a punitive grade of VF (failure to officially withdraw) on the student's academic record.

Not all fees are refundable after classes begin.

In extraordinary circumstances, such as serious illness or injury, when a student is forced to withdraw from classes after the refund period has ended, a written appeal may be made to the MBA Office requesting special consideration or directly to the university bursar. Appropriate documentation is required with such an appeal.