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Refund Policy The following information is provided for a quick reference. For complete information on the University's refund policy, please refer to the Student Handbook. (2009-10 page 221) A student who withdraws from the University must notify the vice president and dean of student life in writing prior to his or her departure. This office will determine the student's official date of withdrawal. Refunds for students who withdraw after tuition, fees, room and board have been paid, but prior to registration and the first day of classes, will be 100 percent of tuition, fees, room and board. After the beginning of classes, refunds are calculated as follows: Refund of Tuition and Room/Period of Enrollment St. Lawrence University grants and merit scholarships will be reduced by the same percentage as for tuition and room. (For students receiving full St. Lawrence University grants and merit scholarships; this aid will be reduced by the same amount as tuition, room and board). Students enrolled in a semester abroad are charged a comprehensive fee. For the purpose of calculating a refund, the comprehensive fee will be allocated to tuition, room and board as if the student were attending school on campus and the refund calculated in accordance with these guidelines. Refunds of federal financial aid will be calculated according to federal regulations. Federal aid earned is calculated based on the number of days in attendance divided by the number of days in the enrollment period. After 60% of the enrollment period has passed, federal aid will be considered 100% earned. Unearned federal aid will be returned to the federal aid program in the following order: Please contact the Student Financial Services office for more information. New York State students qualifying under the Tuition Assistance Program (TAP) are responsible for reimbursing the University for the amount of tuition assistance award held at the time of withdrawal and upon which the University has extended credit to the student. Health Insurance Group health insurance refunds and cancellations will be made in accordance with the insurance policy. Medical Withdrawls Withdrawal for medical reasons is generally granted for students who must leave campus and are unable to complete courses. Medical withdrawal for an entire semester approved by the office of the vice president and dean of student life is subject to the standard University refund policy and Return of Title IV aid (federal financial aid) calculation, if applicable. In addition, in the first semester that the student returns to St. Lawrence, a financial credit will be applied to the student account for the amount of tuition (determined after refund calculation) that was paid during the semester in which the medical withdrawal was taken. This financial credit is considered a resource for financial aid puruposes. It is the student's responsibility to notify the student financial services office of intent to use the medical withdrawal credit. A medical withdrawal for a partial course load does not allow the student to receive financial credit in a future semester. The University offers a Tuition Refund Plan through A.W.G. Dewar, Inc. of Quincy, MA. The plan insures the loss of tuition, fees due to withdrawal for illness and accident reasons, and mental/emotional problems. A brochure describing the plan is mailed in July. More information may be obtained at www.collegerefund.com. Suspensions or Expulsions Only the unused portion of the board (member fee and meal bank) paid will be refunded. | ||||||||||||||||
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