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Refunds for Drop/Withdrawal

Refunds for Partial or Complete Withdrawal

Refund Schedules

Refund Schedules have changed beginning Spring 2023

 

Tuition Refunds (Reduction in tuition assessment)

Students who need to drop any courses or withdraw from the University are encouraged to do so prior to the start of the term to ensure 100% reversal of the term's charges.  Reducing credit hours to below full-time student status may reduce your financial aid eligibility. 

Special refund rules apply for students who withdraw and have received Title IV Federal financial aid.

Tuition refunds will be based on the schedules below:

*Refund schedules provided here apply to courses that meet the entire semester.  Law School, IEP, Online programs and courses that meet for only part of a semester or in a part of term within a major term (Fall, Spring, Summer) will have different refund deadlines.  Please contact Flyer Student Services/Student Accounts for additional information.

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Refund Schedules 2022-23


Fall 2022 Refund Schedule

Fall 2022 Refund Schedule         

Refund

August 22 - 28

80%

August 29 - September 4

60%

September 5 - 11

40%

September 12 - 18

25%

September 19 or After

0%

 

 

 


Spring 2023 Refund Schedule

Spring 2023 Refund Schedule    

Refund

January 9 - 15

100%

January 16 - January 22

75%

January 23 - January 29

50%

January 30 - February 5

25%

February 6 or After

0%


 


Summer 2023 Refund Schedule

Summer 2023 Refund Schedule

Refund

Full Summer Term

May 15 - 21

100%

May 22 - 28

75%

May 29 - June 4

50%

June 5 - 11

25%

June 12 or After

0%

Summer Session I

May 15 - 21

65%

May 22 - 28

30%

May 29 or After

0%

Summer Session II

June 26 - July 2

65%

July 3 - 9

30%

July 10 or After

0%

 

 


Refund Schedules 2023-24

Fall 2023 Refund Schedule

Fall 2023 Refund Schedule         

Refund

August 21 - 27

100%

August 28 - September 3

75%

September 4 - 10

50%

September 11 - 17

25%

September 18 or After

0%



Spring 2024 Refund Schedule

Spring 2024 Refund Schedule    

Refund

January 8 - 14

100%

January 15 - January 21

75%

January 22 - 28

50%

January 29 - February 4

25%

February 5 or After

0%


Summer 2024 Refund Schedule

Summer 2024 Refund Schedule

Refund

Full Summer Term

May 13 - 19

100%

May 20 - 26

75%

May 27 - June 2

50%

June 3 - 9

25%

June 10 or After

0%

Summer Session I

May 13 - 19

65%

May 20 - 26

30%

May 27 or After

0%

Summer Session II

June 24 - 30

65%

July 1 - 7

30%

 July 8 or After

 0%


How to Calculate

Student refunds for tuition are calculated based on the student's liable hours after the drop/withdrawal. Liable hours are calculated as the total hours for which a student remains registered PLUS the liable portion of the dropped/withdrawn course(s).

The liable portion is arrived at by taking the number of dropped hours times the liability rate (which is 100% minus the refund period percentage). The refund amount is the difference of the original assessment and the recalculated assessment based on the new liable hours.

Refunds are based on a percentage of the credit hours being dropped, not the dollar amount that has been paid.

Remember that dropping credit hours may result in a reduction of financial aid. Please check with a financial aid counselor for information on how your eligibility might be affected prior to drop/withdrawal.

The following examples are based on the refund schedule beginning Spring 2023 semester.

Full-time undergraduate student taking 16 credit hours - complete withdrawal during the 75% refund period:

Calculation Example 1

Current Liable Credit Hours and Cost:         

16 Liable Hours

$23,800

After Dropping 16 Credit Hours

0 Liable Registered Hours

4 Liable Dropped  hours (16 dropped hours x 25%)

Total New Liable Hours = 4 ($1,740 x 4)

$6,960

Refundable Tuition

$16,840


A.) Full-time Undergraduate drops from 18 hours to 15 during the 50% refund period:

Calculation Example 2

Current Liable Credit Hours and Cost:         

18 Liable Hours

$23,800

After Drop of 3 Credit Hours:

15 Liable Registered Hours

1.5 Liable Dropped Hours (3 dropped hours x 50%)

Total New Liable Hours = 16.5

$23,800*

*New Liable Hours remain in the 12 - 18 hour flat rate range, therefore tuition charge does not change.

 

B.) If the same student were to add 2 credit hours on a subsequent day, new liable hours would become 18.5.  Hours above 18 are charged at the per hour rate of $1,740. As a result, the student would be billed for an additional $870, as shown below:

Calculation Example 2

Current Liable Credit Hours and Cost:         

16.5 Liable Hours (15 registered + 1.5 liable dropped)

$23,800

After Adding 2 Credit Hours

17 Liable Registered Hours

1.5 Liable Previously Dropped Hours

Total New Liable Hours = 18.5

$23,930*

*12-18 hour flat rate and .5 hours over 18:  .5 x $1,740 = $890    $23,800 + $890 = $24,690


In the following example, an undergraduate student registered for 7 credit hours drops 4 credit hours during the 25% refund period.

Calculation Example 3

Current Liable Credit Hours and Cost:         

7 Liable Hours @ $1,740

$12,180

After Dropping 4 Credit Hours

3 Liable Registered Hours

3 Liable Dropped Hours (4 dropped hours x 75%)

Total New Liable Hours = 6 ($1,740 x 6)

$10,440

Refundable Tuition

$1,740


CONTACT

Flyer Student Services

St. Mary's Hall
300 College Park
Dayton, Ohio 45469 - 1600
937.229.4141
Email