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Dropping & Withdrawing

Federal student aid is subject to the U.S. Department of Education's Return of Title IV funds policy which states that when a student completely drops or withdraws from school during a semester in which he/she received federal student aid (including loans), the school must calculate, according to formulas defined by the U.S. Department of Education, the portion of aid the student earned for the time he/she was enrolled in school. If you completely drop or withdraw from school prior to completing at least 60% of the semester, you and/or the school may be required to return all or a portion of the aid awarded to you, and you may incur a balance with the University. To avoid any unnecessary financial hardship, you should consult with your Financial Aid Advisor prior to dropping or withdrawing.

Financial aid is refunded based on the date of withdrawal from St. Thomas University.

Refunds to the federal student financial aid programs must be made prior to issuing a refund to the student. The order of distribution of refunds is as follows:

  1. Direct Unsubsidized Stafford Loan
  2. Direct Subsidized Stafford Loan
  3. Federal Perkins Loan
  4. Direct PLUS Loan for Graduate/Professional Students
  5. Other Title IV Programs
  6. Other non-federal financial aid
  7. Student

Tuition Refunds

The effective date of withdrawal is the date on which a completed official withdrawal form is received by the Office of the Law School Registrar; the percentage of credit will be determined by this date. The term begins on the first day of classes for that session, not the student's first day of attendance. Refunds for students who have withdrawn are based on tuition only. Fees and deposits are non-refundable. If a student has been awarded financial aid, the financial aid programs from which the funds were disbursed will be refunded in accordance with the formula required by federal law. Tuition refunds are calculated as follows:

Fall & Spring Term % Deducted From Account % You Owe
Up to the 8th day of term 100% 0%
9th day of term 90% 10%
10th day of term 50% 50%
No refunds after the 10th day of term 0% 100%
Summer Term % Deducted From Account % You Owe
Up to the 1st day of term 100% 0%
No refunds after 1st day of class 0% 100%

Refunds of room and board charges for resident students who withdraw (or are dismissed) from the law school are calculated by the Office of Campus Life. Unused portions of security deposits will be refunded upon the approval of the Housing Office. If the student owes a balance to the University, the deposit will be applied to the outstanding balance.

Refunds will be processed within 14 business days after credit appears on student accounts pursuant to the Federal Department of Education regulations. Refund checks will be directly deposited to students' checking or savings accounts. All law students are expected to enroll in the University's direct deposit program.