Bookstore
Students may return books for a refund on their student account if (1) the book remains the same condition it was purchased in, and (2) the book is returned before the Add/Drop date. Under no circumstances are books returnable after the Add/Drop date.
At the end of semester, the Bookstore will conduct a Buy-Back on select books. The Bookstore holds the Buy-Back during finals week of the Fall and Spring semesters. Dates and times will be posted. Because the amount of paid books bought back depends on demand and distribution prices, there is no guarantee as to how much a student will receive for books in the Buy-Back.
Withdrawals and Refunds
In case a student must withdraw, he/she is obligated to pay charges according to the following schedule:
SEMESTER CHARGES
| Withdrawals (drops) within Week One (in the first 5 days) | 0% of charges |
| Withdrawal in Week Two | 20% of charges |
| Withdrawal in Week Three | 40% of charges |
| Withdrawal in Week Four | 60% of charges |
| Withdrawal in Week Five | 80% of charges |
| Withdrawal after Week Five | 100% of charges |
SUMMER AND WINTER TERM CHARGES
| Withdrawal in First Day of Classes | 0% of charges |
| Withdrawal in Second Day of Classes | 20% of charges |
| Withdrawal in Third Day of Classes | 40% of charges |
| Withdrawal in Fourth Day of Classes | 60% of charges |
| Withdrawal in Fifth Day of Classes | 80% of charges |
| Withdrawal in Sixth Day of Classes and Thereafter | 100% of charges |
INTENSIVE COURSE CHARGES
| Withdrawal in First Day of Classes | 0% of charges |
| Withdrawal after the end of the First Day of Class | 100% of charges |
To be eligible for any refund, a student must complete the appropriate withdrawal form and have it approved by the Registrar's Office. Withdrawal forms may be obtained from the Registrar's Office.
Disciplinary Dismissal
In case a student is dismissed for disciplinary reasons, he/she is obligated for the balance of his/her payments including room and board.
Student Refunds and Return of Funds
The refund policies listed below describe the financial obligations of students who withdraw from classes after the official beginning of a semester. Students are advised to read these refund policies carefully to determine which apply to their specific circumstances.
Complete Withdrawals from the University
Forms for withdrawal from the university are available in the office of the Registrar.
A. Refund Policy for complete withdrawal for all students who are not Title IV aid recipients (See "B" below for definition of Title IV aid recipients).
- Semester Refunds: Complete withdrawals from the university during the first five days of classes in the Fall and Spring semesters will result in full charges for courses added and full credit for courses dropped. Students who withdraw after the first five days of class (first week) will be refunded as follows: second week (80%), third week (60%), fourth week (40%), fifth week (20%), sixth week and thereafter (0%). No refunds will be made after the refund period, except as stipulated for enrollment of Title IV recipients.
- Summer and Winter Term Refunds: Students who withdraw from Summer Session I, Summer Session II, or Winter Term will be refunded as follows: first day (100%), second day (80%), third day (60%), fourth day (40%), fifth day (20%), sixth day and thereafter (0%). No refunds will be made after the refund period, except as stipulated for enrollment of Title IV recipients.
- Intensive Courses: No refunds will be made after the end of the first day of class, except as stipulated for enrollment of Title IV recipients.
B. Refund regulations for complete withdrawal for all students who are Title IV aid recipients.
Any student receiving federal Title IV funds will be subject to the following policy regarding return of federal Title IV funds:
- The University and the student will be required to return to the federal aid programs the amount of aid received that was in excess of the aid "earned" for the term period the student remained enrolled.
- The percentage of the semester completed is the percentage of aid earned. This is calculated by the number of days the student attended, divided by the number of days in the payment period (i.e. semester). For example, if a student withdrew on the 20th day of a semester 107 days in length, the student would have only earned 19% of the aid he received (20/107=0.19).
- Students who remain enrolled through at least 60% of the payment period (semester) are considered to have earned 100% of the aid received and will not owe a repayment of federal Title IV grant funds.
- If the University returns funds to the Title IV aid program; it could result in the student owing the University charges that were originally paid at the time of disbursement. Students may also be required to return funds released to them for personal expenses.
- Unearned Title IV funds will be returned within 45 days.
