Refund Policies

Tuition

A student who withdraws from a course before the end of the term may be entitled to a refund of a percentage of the tuition charged for that course. The university’s general policy on refunds is described below. Federal statute requires an alternate calculation for the return of federal Title IV financial assistance.  Please contact the Office of Scholarships and Financial Aid for more information on Title IV refunds.

Full-time students who withdraw from the university or drop to part-time status or part-time students who drop a course(s) may be entitled to a refund of all or a percentage of their tuition. Students who withdraw must return a completed withdrawal form to the Office of Student Records. Mere cessation of attendance does not constitute withdrawal. The date of receipt of the withdrawal notice by the Office of Student Records will determine the amount of tuition refund. Refunds are a percentage of the tuition payable in the semester in which the student withdraws, not a percentage of the total amount billed. Only tuition is refundable. No refunds are made when a student is suspended or dismissed for academic, disciplinary, or financial reasons. Tuition refunds are made for the normal fall and spring semesters on the following basis: 

  1. If formal notice is received within two weeks after the beginning of the semester, a refund of 100 percent of tuition is made.
  2. If formal notice is received within five weeks after the beginning of the semester, a refund of 50 percent of tuition is made.
  3. If formal notice is received within nine weeks after the beginning of the semester, a refund of 25 percent of tuition is made.
  4. No refunds are allowed after the ninth week of classes.

Since special sessions, short sessions, and summer sessions vary in length, please refer to the academic calendar for those refund deadlines. A student forced to withdraw for medical reasons should consult the Academic Regulations section of this bulletin for the university’s policy on medical withdrawals.

Room and Board

Students who withdraw from the university may be entitled to a refund of all or a percentage of their room and board charges.  Students who withdraw must return a completed withdrawal form to the Office of Student Records that includes appropriate signatures from the Office of Residential Life and the Office of Student Affairs.  Mere cessation of attendance does not constitute withdrawal from the university.  Amount of refund will be determined by the date of receipt of the withdrawal notice by the Office of Student Records, or the date of official check out from the student's assigned residence hall, whichever is later.  No refunds of room or board will be made when a student is evicted, suspended, or dismissed for academic, disciplinary, or financial reasons. Residence council fees are non-refundable.

  1. If formal withdrawal notice and residence hall check out are received within two weeks after the beginning of the semester, a refund of 60% of room and board, less actual Wolf Bucks used, is made.
  2. If formal withdrawal notice and residence hall check out are received within five weeks after the beginning of the semester, a refund of 50 percent of room and board, less actual Wolf Bucks used, is made.
  3. If formal withdrawal notice and residence hall check out are received within nine weeks after the beginning of the semester, a refund of 25 percent of room and board, less actual Wolf Bucks used, is made.
  4. No refunds are allowed after the ninth week of classes.

During summer sessions, room and board charges will be pro-rated to actual usage, rounded up to the next full week when a student officially withdraws.  However, no refunds on room or board will be given after 50% of the session has expired.  Unused Wolf Bucks purchased for the summer sessions are not refundable other than by official withdrawal from the university, but are carried forward to the next academic year for students who continue their enrollment at Loyola.