Refund Policy
Enrollment Status
During the first week of classes an Undergraduate student may add or drop individual courses for which they will be billed or credited respectively. Courses dropped after the second week of a semester are not eligible for a refund. If you withdraw from all courses, see the Refund Policy.An Undergraduate Student who drops below 12 credits is considered a part time student. Financial aid eligibility and participation in varsity athletics may be affected. Please check with the appropriate offices to determine the impact of part time enrollment. If courses exceed 18 credits you will be charged at the per credit rate for credits exceeding 18 in a semester.
Credit Balance Refund Policies
If a student has a credit balance on their account, a refund check will be issued within 14 days, unless the student authorizes the College, in writing, to hold the credit balance for a future semester. (You can download a .pdf version of the Credit Balance Form here. On the Friday following the refund check being generated, the refund check will be available for pickup at the Business Office Cashier Window. If the refund check is not picked up by 2:00 p.m., it will be mailed to the billing address on the student account. The refund check will be made payable to the student, unless the student requests, in writing, the refund check be made payable to another party. Plus Loan refunds will be automatically made payable to the parent borrower.Tuition, Housing & Meal Plan Refund Policy
Refunds will be calculated according to the following schedules, except that unpaid school charges will be subtracted prior to the refund check being disbursed.1. Tuition, fees, housing & meal plan charges will be refunded as follows:
| Before classes begin | 100% |
| During first week of classes | 90% |
| During second week of classes | 80% |
| During third week of classes | 75% |
| During fourth week of classes | 70% |
| During fifth week of classes | 65% |
| During sixth week of classes | 60% |
| During seventh week of classes | 55% |
| During eighth week of classes | 50% |
| During ninth week of classes | 40% |
| After ninth week of classes | 0% |
2. An administrative fee equal to the lesser of $100 or 5% of school charges will be assessed to the student’s account.
3. Fees are non-refundable, unless the withdrawal is effective prior to the start of classes.
4. Additionally, a $200-$400 room cancellation fee will be assessed to the student’s account.
5. Half of the academic year allowance for books and supplies is considered to be spent at the start of the semester.
6. Financial Aid received is refunded to granting agencies based on the date of withdrawal, subject to funding source regulations and college policy.
Resources
Springfield College 263 Alden Street, Springfield, MA 01109-3797 413.748.3000
Page updated on: 04/04/2008
Page updated on: 04/04/2008
