If the student cancel the Enrollment Agreement with a written notice delivered to the school, the University will refund any money that the student paid, less any deduction for equipment not timely returned in good condition, within thirty days after the notice of cancellation is received.
The refund shall be the amount of tuition paid multiplied by a fraction, the numerator of which is the number of class hours of instruction (credit units X total weeks in the term) which the student has not received but paid for, and the denominator of which is the total number of class hours of instruction (credit units X total weeks in the term) for which the student has paid.
The student will not get a refund after more than 60% of the instruction of the term has been presented. For example, if the student completes only 15 hours of a 3 unit (45 hours) course in the Bachelor of Science in Business Administration program and paid $750.00 tuition, the student would receive a refund of $500.
Students should take note that all fees charged and paid for to the University are non-refundable in the event of registration, cancellation and dropping of classes and clinical trainings. Non-refundable fees include Application Fee, Registration Fee, Transcript fee, Certificate fee, Student ID Card fee, Graduation fee, Course Drop/Add/Change fee, Late Registration Fee and Diploma Replacement Fee. The Matriculation Fee is not refundable for students who fail to matriculate after one year of admission acceptance.
Students who are dropped by the instructor from the class or dismissed by the school during a school term are not entitled to a refund of the tuition paid for the class.
If the student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest less the amount of any refund. If any portion of the tuition was paid from the proceeds of a loan or third party, the refund shall be sent to the lender, third party or, if appropriate, to the state or federal agency that guaranteed or reinsured the loan. Any amount in excess of the unpaid balance of the loan shall be first used to repay any student financial aid programs from which the student received benefits, in proportion to the amount of the benefits received, and any remaining shall be paid to the student.
If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds.
IF THE AMOUNT THAT YOU OWE IS MORE THAN THE AMOUNT THAT YOU HAVE ALREADY PAID, THEN YOU WILL HAVE TO MAKE ARRANGEMENTS TO PAY FOR IT. |