The completion of registration contractually obligates the student and the student’s benefactors to pay all of the student’s tuition and fees for the entire term. A withdrawal is considered official only upon the submission of a completed withdrawal form. Non-attendance does not constitute an official withdrawal.
Transylvania has adopted the following refund policy:
Fall and Winter Terms
Tuition and Room Charges
Tuition and room charges will be prorated during the first 4 weeks of the term with the maximum refund of 50 percent. There will be no refund after Week 4 (28th day of term).
|If a student withdraws||Percent refunded|
|First 7 days of term||50%|
|8th through 14th day||37.5%|
|15th through 21st day||25%|
|22nd through 28th day||12.5%|
There are no refunds after the first 7 days of the term. The full amount will remain due.
Summer and May Terms
There are no refunds or proration of charges for tuition, room or meal plans after the first 2 days of the term. The full amount will remain due.
Students who receive scholarships and/or financial aid of any kind will have their packages recalculated based on the date of the withdrawal, in accordance with the Higher Education Amendments of 1998, public law 105-244. This includes all sources of financial aid and institutional, federal, state and all other outside types of assistance. Details can be found in the Federal Student Handbook available in the Office of Financial Aid.
Students have a right to appeal decisions made regarding financial transactions. The process begins with the student accounting manager in the Accounting Office.
Students who cease attending class and/or receive non-passing grades in all courses in a given term, but do not officially withdraw from the university through the Office of the Dean of Students, are subject to the same return of Title IV funds as documented above for official withdrawals. Non-attendance does not relieve students of the financial responsibilities for tuition and fees. Amounts of tuition and fees that were paid by financial aid and returned to the source in the above calculation based on the documented date of last attendance become the financial responsibility of the student.