The Office of Student Accounts CREDIT COURSE REFUND POLICY
Regulations Regarding Refunds Registration does not automatically carry with it the right of a refund or reduction of indebtedness in cases of failure or inability to attend class or in cases of withdrawal. The student assumes the risk of all changes in business or personal affairs. Fees Subject to Refund Instructional and nonresident surcharge, General fee, Technology fee, Facilities fee, Parking (only if permit is returned), Student teaching fee, Laboratory breakage and late service deposit, Residence hall fees (Note: These fees subject to special refund policy.), Course material fees and computing fee.
Amount of Refund - Credit Amount of refund is to be determined in accordance with the following regulations and subject to course instructor/adviser signature requirements contained in The University of Akron's official withdrawal policy: In full:
- If the University cancels the course.
- If the University does not permit the student to enroll or continue; EXCEPT FOR DISCIPLINARY REASONS. NO REFUND WILL BE GRANTED TO A STUDENT DISMISSED OR SUSPENDED FOR DISCIPLINARY REASONS.
- If the student dies before or during the term; is drafted into military service by the United States; is called to active duty; or if the student enlists in the National Guard or Reserve prior to the beginning of the term. Notice of induction or orders to active duty is required if the student is called to active duty. A student who enlists voluntarily for active duty should see paragraph (In part) below.
In part: If a student requests official withdrawal the following refund percentages apply:
- If 6.667% of class attended -100% refund
- If 13.333% of class attended - 70% refund
- If 20% of class attended -50% refund
- If 26.667% of class attended-30% refund
- If 33.333 of class attended-20% refund
- Greater than 33.333 of class time attended 0% Refund
Example: Typical Fall and Spring 15-week Course Refund Schedules:
| Before course begins to day 7 |
Up to 6.667% |
100% |
| Day 8 - 14 |
Up to 13.333% |
70% |
| Day 15 - 21 |
Up to 20% |
50% |
| Day 22 - 28 |
Up to 26.667 |
30% |
| Day 29 - 35 |
Up to 33.333% |
20% |
| Day 36 or after |
Greater than 33.333% |
0% |
| Before course begins to day 7 |
Up to 6.306% |
100% |
| Day 8 - 14 |
Up to 12.612% |
70% |
| Day 15 - 21 |
Up to 18.918% |
50% |
| Day 22 - 28 |
Up to 25.225 |
30% |
| Day 29 - 35 |
Up to 31.531% |
20% |
| Day 36 or after |
Greater than 31.531% |
0% |
Important Note: Days are measured in actual days, NOT business days. All refund calculations are determined by class length percentage, not by class meetings attended or class meetings percentage. Class length is defined as the number of days between and including the beginning and ending dates of any given term/session (including weekend days and holidays).
Please see the Pro Rata Refund Schedule for more details on refunds and credits.
General Information Refunds for course sections are based on class length. The courses which have not been scheduled consistent with the standard 15 week fall/spring/summer semester will also be handled on a prorated basis according to the number of days of the section (class, institute, or workshop) which has passed prior to official withdrawal compared to the number of days said section has been scheduled to meet. If a drop occurs on class day, it is counted as a day attended for the purpose of a refund. The wash calculation depends on many factors, which change as a student continues to adjust his or her schedule.
Refunds will be determined as of the date of formal withdrawal unless proof is submitted that circumstances beyond control of the student (e.g. hospital confinement) prevented the filing of the official withdrawal earlier, in which case the refund will be determined as of the date of said circumstance. The student assumes responsibility for filing for a refund.
Refunds will be mailed as soon as possible. Refund checks are subject to deduction for any amount owed to The University of Akron by the student.
There may or may not be a balance returned to you depending upon the status of your account. Depending on the withdrawal date and the refund due, if any, you may still owe funds under the Installment Payment Plan (IPP). If you have any questions about your IPP account, please call (330) 972-5100.
No refund will be granted to a student dismissed or suspended for disciplinary reasons. The University reserves the right to cancel a course for insufficient enrollment. A full refund will be mailed to the student as soon as possible.
Wash Period
A wash period is when a student would be permitted to drop a class & add a class (after the 100% refund period) during the same term or session and not be assessed the prorated amount for the class that was dropped. The class added must be of equal or greater value than the class dropped. The University of Akron will allow a class wash during the refund period only. A class must be added after the session/term start date and the drop must occur during the refund period of that class for a wash. A class that was considered in a wash calculation may later not be considered in the wash calculation. For: example, add Class A and drop Class B. Then, Class A is later dropped. Class A will no longer wash with Class B. Washing will not occur between two drops.
Students on Financial Aid This policy is used to determine the amount of federal student aid that must be returned to the appropriate aid programs and should not be confused with the published university refund policy. When a student withdraws from all classes on/or after the first day of classes and the student has received financial aid, the following refund policy will apply: The refund/payment policy is a pro-ration of earned versus unearned financial aid. The earned financial aid percentage is determined by taking days attended in the period by total days in the period. (Example: student withdraws the 5th day of the semester which has a 110 days in its period. 5/110 = 5% earned). Subtracting earned aid from aid that was awarded and disbursed equals the amount of unearned aid that must be returned. The responsibility to repay unearned aid is shared by the institution and the student in proportion to the aid each is assumed to posses. The federal formula is applicable to all students who received Title IV federal aid and withdraws on or before the 60% point in the semester. Under the refund/repayment policy, the programs are reimbursed in the following order: Unsubsidized Stafford Loan, Subsidized Stafford Loan, Federal Perkins Loan, PLUS Loan, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, (State Grant if LEAP funded).
If State Grant is not LEAP funded, it is refunded based on the institution's refund policy. Please inquire in the Office of Student Financial Aid for more information on our refund policy or if you would like to review examples.
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