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Refund Policy

REFUND POLICY FOR WITHDRAWAL FROM THE COLLEGE

A student who wants to withdraw from the College must notify the Registrar's Office indicating the official date of withdrawal. Recipients of financial assistance through programs administered by the College must have an exit interview with the Director of Financial Aid as part of the withdrawal process. The notification and interview are required before refunds will be considered.

Tuition refunds are determined as follows:

  1. If, during the first semester/term that a student is enrolled in an on campus program, the student withdraws or is terminated from the program during any of the following specified percentages of the semester/term, the student will be obligated to the College for the entire cost of any books and supplies purchased by the student from the College or its approved vendor for use in that on campus program, except as specified below in the Return of Books and Supplies section, and for the following corresponding percentage of the tuition for that on campus program:
    PERCENTAGE OF SEMESTER/TERM PERCENTAGE OF THE TUITION
    In the First 7% 10%
    After the First 7% in the First 14% 20%
    After the First 14% in the First 21% 30%
    After the First 21% 100%
  2. If, during any semester/term that the student is enrolled in an on campus program (other than the first semester/term), the student withdraws or is terminated from the program during any of the following specified percentages of the semester/term, the student will be obligated to the College for the following corresponding percentage of the tuition for that on campus program:
    PERCENTAGE OF SEMESTER/TERM PERCENTAGE OF THE TUITION
    In the First 21% 50%
    After the First 21% 100%
  3. If a student withdraws or is terminated from any online program during any of the following specified portions of that online program, the student will be obligated to the College for the following corresponding percentage of the tuition for that online program:
    PORTION OF ONLINE PROGRAM COURSE PERCENTAGE OF THE TUITION
    First Week 10%
    After the First Week in the First 25% 25%
    After the First 25% in the First 50% 50%
    After the First 50% in the First 60% 60%
    After the First 60% 100%
  4. A student's withdrawal or termination date for purposes of calculating any tuition refund due under sections a, b and c will be the student's last date of attendance in a program.
  5. Notwithstanding anything to the contrary above in this section, if a student withdraws or is terminated from any program course or the program during any semester/term/quarter, the student will remain obligated to the College for:
    • all of the tuition and cost of any books and supplies owed to the College for any previous attendance by the student at the College; and
    • all other amounts owed to the College.
  6. If, at the time the student withdraws or is terminated from any program course or the program, the College has received any monies for tuition or any books and supplies from or on behalf of the student in excess of the student's obligation for those items, the College will refund such excess to the appropriate party(ies) as specified below.
  7. Any refund required will be paid first to eliminate any outstanding balances for any student financial aid received by or with respect to the student in the following order and priority (unless applicable law requires otherwise) and within the time period prescribed by law (see RETURN OF FEDERAL FINANCIAL AID below):
    1st: private or institutional student loans; 5th: Federal Direct PLUS loans;
    2nd: private or institutional parental loans; 6th: state student loans;
    3rd: unsubsidized Federal Direct Stafford loans; 7th: state parental loans
    4th: subsidized Federal Direct Stafford loans;
  8. The College will return the student's refund, if any, after all outstanding balances specified in section (f) above are eliminated, within 60 days following:
    1. the student's last date of attendance in an on campus or online program course, if the College terminated the student from the program course or the program;
    2. the latter of
      • the student's last date of attendance in an on campus or online program course,
      • the date that the College received the student's written notice of withdrawal from an on campus or online program course or the program, or
      • the withdrawal date from an on campus or online program course or the program specified in the student's written notice of withdrawal received by the College, if the student withdrew from the program course or the program and the College received the student's written notice of withdrawal; or
    3. the 22nd consecutive calendar day after the student's last date of attendance in an on campus or online program course taught over a full semester/quarter, or the 11th consecutive calendar day after the student's last date of attendance in an on campus or online program course taught over a term (six weeks), if the student withdrew from the program course or the program and such calendar day occurred before any applicable date in Item (2) immediately above.
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20 University Drive, Nashua, NH 03063
 
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