Cancellation. The applicant has the right to cancel the Admission Application or the Enrollment Agreement and receive a refund of all monies paid within three (3) days of signing the Admis¬sion Application or Enrollment Agreement.
Refund. For purposes of calculating a refund, charges are based upon the scheduled days of attendance from the date of the start of classes to the last date of class attendance. Should a student wish to withdraw or enrollment is terminated within the first 60% of the first academic year, tuition refunds will be based upon program costs associated with the period of enrollment for which charges have been assessed and in accordance with the Federal Pro-Rata Refund Policy.
Should a student wish to withdraw after beginning the second academic year, tuition refunds will be based upon second academic year program costs. Refunds will be determined in accordance with the more favorable Refund Policy (institutional or federal) to provide the largest student refund. Refunds are made through the 50% point of the second academic year.
The College remits refunds within 30 days of determining student withdrawal.
Exit Interview Calculation (EIC). The students entitled to a refund will receive a copy of his or her Exit Interview Calculation showing the computations and student financial assistance refund. The Department of Education requires that any student receiving a federal loan under the Federal Family Education Loan Program be notified concerning his or her loans.
Sample Refund Table: First Academic Year
| Weeks | % Refunded | Less Admin Fee |
|---|---|---|
| 1 through 3 | 90% | $100 |
| 4 through 6 | 80% | $100 |
| 7 through 9 | 70% | $100 |
| 10 through 12 | 60% | $100 |
| 13 through 15 | 50% | $100 |
| 16 through 18 | 40% | $100 |
| 19 through 30 | 0% |
The enrollment application and other non-tuition fees are excluded from the refund schedule
Sample Refund Table: Second Academic Year
| Weeks | % Refunded | Less Admin Fee |
|---|---|---|
| 31 through 32 | 90% | $100 |
| 33 through 35 | 75% | $100 |
| 36 through 40 | 50% | $100 |
| 41 through 50 | 0% |
Upon request, examples of the application for the refund policies used by the College are available. Requests for these examples may be submitted to the Finance Department.