Office Of The Bursar
Refund Policy: The College (Arts, Sciences, and Engineering)
Print the schedules:
- Refund Schedule 2014-15 Undergraduates
- Refund Schedule 2014-15 Graduates
- Refund Schedule 2013-2014 Undergraduates
- Refund Schedule 2013-14 Graduates
- Refund Summer 2014
Your official withdrawal or inactive date is determined when you formally change your status with your college's Dean's Office. It is this official "Change of Status" form that alerts the Registrar, Bursar, Financial Aid, and other appropriate offices to adjust your account.
REFUND OF CHARGES
Students withdrawing or declaring inactive status will receive a refund of tuition charges and mandatory fees according to the schedule below.
Students declaring withdrawal or inactive status for medical reasons or other extraordinary circumstances may be granted prorated charges throughout the term with the approval of their College's Dean.
ADJUSTMENTS TO FINANCIAL AID
Federal regulations determine how the Financial Aid Office calculates the adjustments to your financial aid. If a student is a recipient of Federal Title IV financial aid, refunds to those programs are required by federal law to be the first priority and must be returned in the following order: Unsubsidized Federal Direct Loan, Subsidized Federal Direct Loan, Federal Perkins Loan, Federal PLUS Loan, Federal Pell Grant and Federal SEOG. Additional financial aid adjustments may be made to state aid, private aid and institutional aid based on a student's withdrawal date. A student is not eligible for a refund until all Federal Title IV programs and other aid dollars are reimbursed as required and all outstanding balances with the University have been cleared.
Examples of refund calculations for students receiving financial aid are available for you to review at the Financial Aid Office. If you are considering withdrawing or taking inactive status, you should consult with a counselor in the Financial Aid Office to review the examples.
The Bursar's and Financial Aid Offices will work together after receiving your official Change of Status notice from the Dean's Office to determine these adjustments. Every attempt will be made to complete the refund calculation within 45 days of your change of status.
Page updated 5/31/2013 - Maintained by the University Bursar's Office.
Questions or comments regarding this page? Contact the Bursar's Office .