Refund Policy
REFUND CHECKS
The Office of the Bursar conducts all of its business
directly with the student. Just as monthly charges are listed in the student's
name, so are any course withdrawals that might produce a refund. Therefore,
refund checks are drawn in the name of the student and mailed to the address on
file with the registrar. Reviews are conducted
periodically resulting in the mailing of refund checks. Refund checks will not
be generated on the day a class is dropped. Financial aid recipients may be
required to wait an additional length of time for an extra screening by the
Office of Student Financial
Aid Services. If your refund check is not received
within 14 business days from the date the drop was completed please contact the Office of the
Bursar. Student may save
time in the processing of their refunds by opting for Direct Deposit,
which allows for the refunds to go directly into their personal checking account.
REFUND POLICY SCHEDULE
Refund credits are
determined by the date the drop activity is processed by the IUPUI Office of the
Registrar. The official first day of classes for each semester is used.
Refunds and Course
Exchanges (9 + weeks of instruction)
- Students dropping courses prior to
the end of the first week of classes will receive a 100% fee credit for
the courses dropped.
- An additional Late Program Change
Fee (service charge) will be assessed beginning in the second week of the
classes for any course changes.
- Students performing any exchange
of courses in the second week of classes will forfeit 25% of their fees
for the dropped course. A 75% credit will be applied toward the fees for
the added course.
- Students performing any exchange
of courses in the third week of classes will forfeit 50% of their fees
for the dropped course. A 50% credit will be applied toward the fees for
the added course.
- Students performing any exchange
of courses in the fourth week of classes will forfeit 75% of their fees for
the dropped course. A 25% credit will be applied toward the fees for the
added course.
- Students performing any exchange
of courses after the fourth week of classes will forfeit 100%
of their fees for the dropped course.
|
|
Refunds are based on the
following schedule:
Courses scheduled 9-16 weeks in
length |
| For withdrawal during: |
Refund credit: |
| 1st week of classes |
100% of course fees |
| 2nd week of classes |
75% of course fees |
| 3rd week of classes |
50% of course fees |
| 4th week of classes |
25% of course fees |
| 5th week of classes and thereafter |
No Refund |
|
Courses scheduled
5-8 weeks in length |
| For withdrawal during: |
Refund credit: |
| 1st week of classes |
100% of course fees |
| 2nd week of classes |
50% of course fees |
| 3rd week of classes and thereafter |
No Refund |
|
Courses scheduled
2-4 weeks in length |
| For withdrawal during: |
Refund credit: |
| 1st and 2nd "day" of classes |
100% of course fees |
| 3rd and 4th "day of classes |
50% of course fees |
| 5th "day" of classes and thereafter |
No Refund |
|
Courses scheduled
1 week or less |
|
For withdrawal during: |
Refund credit: |
| 1st "day" of classes |
100% of course fees |
| 2nd "day" of classes |
50% of course fees |
| 3rd "day" of classes and thereafter |
No Refund |
Registrar drop/add
information
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