Institutional Refund Policies.
The University’s refund policies for students withdrawing or taking a leave of absence after the start of the term are described in the paragraphs below. The policy applicable to an individual student is determined by the particular circumstances of the student, including the date of the withdrawal/leave of absence and whether or not the student is a participant in a federal or state assistance program. Students who are expelled or suspended for disciplinary reasons are not eligible for an institutional refund.
Students who take a leave of absence or withdraw for any reason during the first three weeks of the fall or spring semester (or MAT Summer) are entitled to a prorated refund of certain Institutional Charges (Tuition, General Fee, Room. Board will be prorated throughout the term based on the days used). Prorated charges are based upon the date of actual withdrawal as determined by the University in accordance with the withdrawal/ leave of absence procedure according to the following schedule for the fall and spring semesters (& MAT Summer Term):
|Withdrawal Date||Percentage Refund|
|First Week of Semester||90%|
|Second Week of Semester||70%|
|Third Week of Semester||50%|
|Fourth Week or More||0%|
Any refunds calculated under this formula will first be used to refund any institutional aid to the university, with any amount left over refunded to the student.
Students receiving Federal or State aid and who take a leave of absence or withdraw for any reason up until the 60% point of the term, will have their federal aid adjusted in accordance with the Federal Return of Title IV funds calculation (more information). No adjustment to federal aid will be made once more than 60% of the semester has passed. In the event the University is required to return federal and/or state funds in excess of the refund of charges as calculated above, then the student will receive a refund in institutional charges equivalent to the amount that is returned in federal and/or state funds. However, if total financial aid exceeds the amount of institutional charges, a refund will be made of a percentage of institutional charges less non-federal aid equal to the percentage of federal aid returned plus an amount equivalent to any state aid returned.
What happens when your student’s education is disrupted by an unexpected injury or illness? Depending on the timing of the withdrawal, you may not be eligible to receive a refund of all of your tuition and fees.
A Tuition Reimbursement Insurance Plan helps students and their families overcome the financial losses that may result from events, which force students to withdraw from the semester due to a covered medical reason. Helping families get the most out of their Drew University experience is always our top priority. That’s why we’ve partnered with GradGuard™ to make the Tuition Insurance Plan available to our families.
This coverage strengthens and broadens the scope of our existing refund policy by ensuring reimbursement for tuition, housing and other payments if a student withdraws for any covered medical reason at any time during the semester.
Please remember the deadline to enroll is the day before classes begin each semester. You will have the opportunity to secure coverage when you pay your bill online (look for it in your Student Account Center on TreeHouse).
Learn more at GradGuard.com/tuition/drew or call 1-866-724-4384.
Prorated charges are based upon the date of actual withdrawal (as determined by the University in accordance with the withdrawal/ leave of absence procedure) according to the following schedule for the summer and January term semesters (MAT Summer uses refund table above):
|Withdrawal Date||Percentage Refund|
|Through Tuesday of the first week of class||100%|
|Through Thursday of the first week of class||50%|
|After the Thursday of the first week of class||0%|
Students who withdraw from all audited course selections for any reason during the first two weeks of the semester are entitled to a prorated refund. Prorated charges are based upon the date of actual withdrawal according to the following schedule for the fall and spring semesters.
Dropping a course must be communicated to the CEA Office in writing (post mail or email – the date it is received is the date the drop is effective). Dropping one course when you are enrolled in 2 or more courses = Drop. Dropping a course when you are enrolled in only 1 course (or dropping all courses) = Withdrawal.
|Before Semester Begins||100%|
|Within Add/Drop Period*||100%|
|After Add/Drop Period*||0%|
* Add/Drop Period – the Registrar’s Office determines the date of the close of the Add/Drop period (first two weeks of semester). Please contact the Registrar’s Office to understand the last day to Add/Drop for the Semester.
Federal regulations require that if a student does not complete a period of enrollment for which they have been charged and they receive Title IV funds, they may only keep the federal financial aid that they have earned up to the time of withdrawal from all classes. Title IV funds that were disbursed in excess of the earned amounts must be returned.
The Return of Title IV Funds policy states that a student has earned the Title IV aid which directly corresponds to the percentage of days completed within an academic term up to and including 60% of the term. Once a student has completed more than 60% of the term, the student has earned 100% of their Title IV aid. All calendar days within a term are counted except for periods of five days or longer when the school is not in session.
If a refund is due by the school, it will be made to the appropriate Title IV fund within 45 days of the date of official withdrawal or within 45 days of the date of determination of withdrawal if the student does not officially withdraw.
The order of Title IV refunds is as follows:
Additional information about the Return of Title IV Funds can be obtained from the Financial Aid Office (firstname.lastname@example.org), or the Student Accounts Office (email@example.com).