Refund Policy
Matriculants who withdraw from the College on or prior to May 15 will be refunded 100 percent of their paid College Matriculation Deposit less a $100 administrative cost charge. Payment of this charge will still be required of all matriculants, even if no College Matriculation Deposits have been paid. Matriculants who withdraw from the College after May 15, but before the first day of class, will forfeit all Matriculation Deposits paid to the College.
Enrolled students who withdraw or are dismissed from the College will be responsible for the payment of tuition in accordance with the Institutional Refund Schedule below. All other enrolled students who withdraw or are dismissed from the College will be subject to the Institutional Refund Schedule.
Institutional Refund Schedule
The institutional charge is based upon the number of days a student is enrolled at the College prior to the withdrawal or dismissal date. The formula is calculated as follows:
Number of days attended
Total days in the enrollment period*
*included weekends and holidays, less any scheduled breaks greater than five days
The resulting fraction is converted to a percentage. Therefore, if there are 90 days in the academic period, the following would apply:
- Withdrawal on the 10th day - Institutional charge = 11.1 percent
- Withdrawal on the 25th day - Institutional charge = 27.8 percent
Any percentage attended above 60 percent results in 100 percent charge.