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Refund Policies

The university’s general policy on refunds is described below. Federal statute requires an alternate calculation for recipients of federal Title IV financial assistance. More information on the alternate calculation for federal aid can be obtained from the Office of . Please note that this alternate calculation may affect the amount of money you owe or is owed to you by the university.

Tuition

Full-time students who withdraw from the university 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, or when a full-time student reduces their course load to part-time after the deadline for a 100% refund.

Medical Withdrawal

Students forced to withdraw for medical reasons are referred to the Office of Student Affairs for special 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. The 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.

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.