Refund Policies

Students who have a credit balance on their account are eligible to receive a refund. The type of credit on a students’ account will determine the method of initiating the refund. If a student has a Title IV credit on their account, then a refund will automatically be processed within 5 to 7 business days. The entire process takes approximately 14 days.

Students have the option of receiving their refund via ACH Direct Deposit, which allows SVC to electronically transfer funds into the checking or savings account designated by the student, or having a paper check mailed. We encourage all students to sign up for ACH Direct Deposit by going to Tuition Management Systems, our tuition refund agency.

Refunds are based on St. Vincent’s College’s Policy and The Return of Unearned Title IV Funds as required by the U.S. Department of Education.

Withdrawal Policy

Students who affect a complete withdrawal from the College, regardless of the reason will be granted a pro-rata refund of tuition only. All student fee charges, late fees, and course fees are non-refundable. Refunds are granted only if the student complies with the withdrawal procedures outlined in the course change policy.

Course/Length

5 – 8 weeks

15 weeks or more

Before the start of class

100%

100%

During the 1st Week

100%

100%

During the 2nd Week

50%

80%

During the 3rd Week

0%

60%

During the 4th Week

0%

40%

During the 5th Week

0%

20%

After the 5th week

0%

0%

Financial aid recipients withdrawing from the College within 60% of the completion of a semester may be entitled to a partial refund of semester charges based on federal formula. Refunds resulting from a change in program or financial aid must be verified by the Business Office before adjustments will be made.

Refund Appeals

If you wish  to request a refund outside of this published schedule, you must submit a written request to the Registrar or the Business Office with all pertinent information, including: the specific reason for the  request; any pertinent  documentation; current contact information. Once received, the Student Accounts Committee will meet to consider requests. Students will be informed of the Student Accounts Committee decision within five business days of the meetings, which will be held on an as needed basis.