Winter Edition 2016 > Financial Policies and Information > Pro-Rata Refund Policy

Pro-Rata Refund Policy

Student’s Right to Cancel

New students have the right to cancel the enrollment agreement including any equipment such as books, materials, and supplies or any other goods related to the instruction offered in the enrollment agreement, if notice of cancellation is made within seven (7) calendar days (excluding holidays) of enrollment or by the seventh (7th) calendar day following the scheduled program start date, whichever is later.  Students who remain enrolled beyond day 8 will be charged tuition and fees retroactive to day 1 of the program.

Cancellation shall occur when the student gives written notice of cancellation at the address of the University shown on top of the front page of the enrollment agreement. Students can submit this written notice by mail, hand delivery, or email.  The written notice of cancellation need not take any particular form and, however expressed, it is effective if it shows that the student no longer wishes to be bound by the enrollment agreement.

If the student cancels the enrollment agreement, the University will not charge institutional charges; however, the University retains the nonrefundable application fee and may charge for equipment not returned in a timely manner in “like new” condition.

Tuition Refund Policy

Students have the right to withdraw from a program of instruction at any time.  For the purposes of determining the amount the student owes for the time attended, the student shall be deemed to have withdrawn from the program when any of the following occurs:

• Notify the University of withdrawal or the actual date of withdrawal; or
• The University terminates the enrollment; or
• Student in an on-ground program fails to attend any classes for fourteen (14) consecutive scheduled class days excluding University holidays, as determined by the institution from its attendance records; or
• Student in an on-line program fails to participate in any course for fourteen (14) consecutive calendar days, excluding University holidays, as determined by the institution from its attendance records.
• Student is on an academic leave of absence.  Since the institutional leave of absence is not considered an official leave of absence for Title IV purposes, the withdrawal date for a student who takes an institutional leave of absence is the last date of attendance prior to the leave.

Students are charged each payment period for the tuition, fees, books, and supplies attributable to the courses attempted during the payment period.  Note that the payment period for all on-ground undergraduate programs is the twenty-week semester; the payment period for Pharm D and all fully-online programs is the sixteen-week trimester; the payment period for all other on-ground, graduate programs is the fifteen-week trimester.

If the student withdraws from the program after the period allowed for cancellation of the agreement the University will calculate whether a refund of tuition, fees, books, or supplies is due for the payment period.  If so, the University will remit any required refund within 45 days following your withdrawal for California and Texas campuses, or 30 days following your withdrawal for the Florida campus.  For students receiving funds through the Federal Student Aid program, unearned funds will be returned to the lenders or grant programs in the order required under Federal Law.  For non-federal student financial aid program moneys, the institutional/state refund policy shall be a pro rata refund of moneys paid for institutional charges for students who have completed 60 percent or less of the payment period.  The pro rata percentage is calculated by dividing the number of calendar days completed by the total number of calendar days in the payment period.

Students who completed more than 60 percent of the payment period are liable for 100% of the tuition and fee charges for all courses attempted during the payment period, as well as books and supplies purchased through the University for the payment period.  Any remaining balance will be paid according to the most recent "Authorization to Retain Funds" form on file with the financial aid office at the time of withdrawal.  If there is no written authorization on file at the time of withdrawal, any excess funds will be returned to the student (or parent, in the case of a federal Direct parent PLUS loan).

If you obtained equipment as specified in the agreement as a separate charge, and return it in good condition within 10 days following the date of your cancellation or withdrawal, the University shall refund the charge for the equipment paid by you.  If you purchased textbooks through the University’s vendor and return the books to the vendor within ten (10) days of the first day of classes in an unopened condition, you will be fully credited the cost of the books, less shipping fees.  Books returned after the ten (10) day period or returned in an opened or used condition will be credited back to your account as used books, pursuant to the book vendor’s used book buy-back policy.  If you fail to return the equipment in good condition, allowing for reasonable wear and tear, within this 10-day period, the University may offset against the refund the documented cost to the University of that equipment.  You shall be liable for the amount, if any by which the documented cost for equipment exceeds the prorated refund amount.