Last updated on September 22nd, 2021

Our Refund Policy

Students who withdraw or take an LOA, who fail to return from an approved LOA, who are dismissed, or otherwise fail to complete the term for which they are charged, will receive a tuition adjustment of University charges based on a pro rata calculation  if the student withdraws during the first 60% of a term.

University charges are prorated based on the percentage of the term that has elapsed.

Applicable University charges may consist of tuition, administrative fees, and on campus housing.  If a withdrawal takes place after the 60% point, full University charges remain due.

All tuition adjustments for students on LOA or students withdrawing are based on the date the LOA begins or the date the student began the withdrawal process or was administratively withdrawn.

While a refund may be possible, it is not guaranteed.

  • Tuition adjustments may result in either a refund to the student or a balance due to the University.
  • For information related to the Housing Cancellation Policy, please consult the University Website.

A McCord Scholarship

Students who take a Leave of Absence during a term may apply for a McCord Scholarship by writing a letter to the Office of Financial Aid requesting consideration for this one-time award.

A McCord scholarship is a partial tuition scholarship which can be (not guaranteed) awarded to students who take a Leave of Absence from a term due to compelling personal  circumstances  beyond their  control, causing  them  to  suffer  undue financial hardships which affect their ability to pay for their education upon their  return.

The scholarship is  used  to help defray all or part of the penalty paid as a result of the – LOA.

The scholarship  committee  will  review the details of the student’s circumstances noted in their application letter and may require further documentation before determining eligibility for the scholarship.  These awards are grants-in-aid and do not have to be repaid.