Refunds

If your student account has been overpaid, you will receive a refund by mail unless you have requested Direct Deposit to your checking or savings account.

Direct Deposit of student refunds is CONVENIENT, FAST, AND EASY.

Students can sign up for direct deposit via My Akron.

  • Click on- My Experience
  • Click on- eRefund icon
  • Follow the steps to register
  • An e-mail will confirm that your UA eRefund account is activated

When refunds are processed

Financial Aid Refunds are processed as soon as possible for qualifying students after financial aid has been disbursed to the Student Account. It is a federal regulation that Financial Aid cannot be disbursed until 10 days before the start of the term. Within 2-3 days after the first disbursement date accounts with credit balances will be reviewed for FA refunds.

Non Financial Aid Refunds (cash, check, or credit cards) are processed normally the 2nd week of the term. Payments made by paper check are held 14 days and ACH (electronic checks) for 5 days to confirm they clear the bank.

It is not necessary for you to request a refund. Refunds are processed automatically as soon as they are reviewed for accuracy.

How adjustments to your class schedule affect refunds

A wash period is when you 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.

If you withdraw from class(es), you may receive a partial refund based on the following tables.

Partial Refunds

If you withdraw from class(es), you may receive a partial refund. A few examples are listed below.  Short classes are prorated based on class length and time before withdrawal. It may be necessary for you to drop the class before the class start date to receive a full refund.

Fall refund example

15-week Fall Course (105 days)
Withdrawal Day Percent of course completed Refund
Before course begins to day 7 Up to 6.667% 100%
Day 8 - 14 Up to 13.333% 70%
Day 15 - 21 Up to 20.000% 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%

Spring refund example

15-week Spring Course (112 days)
Withdrawal Day Percent of course completed Refund
Before course begins to day 7 Up to 6.250% 100%
Day 8 - 14 Up to 12.500% 70%
Day 15 - 21 Up to 18.750% 50%
Day 22 - 28 Up to 25.000% 30%
Day 29 - 35 Up to 31.250% 20%
Day 36 or after Greater than 31.250% 0%

Summer and/or short class refund example

3-week Courses (21 days)
Withdrawal Day Percent of course completed Refund
Before course begins to day 1 Up to 6.667% 100%
Day 2 Up to 13.333% 70%
Day 3 - 4 Up to 20% 50%
Day 5 Up to 26.667% 30%
Day 6 Up to 33.333% 20%
Day 7 or after Greater than 33.333% 0%

 


 

5-week Courses (35 days)
Withdrawal Day Percent of course completed Refund
Before course begins through day 2 Up to 6.667% 100%
Day 3 - 4 Up to 13.333% 70%
Day 5 - 7 Up to 20% 50%
Day 8 - 9 Up to 26.667% 30%
Day 10 - 11 Up to 33.333% 20%
Day 12 or after Greater than 33.333% 0%

 

8-week Courses (56 days)
Withdrawal Day Percent of course completed Refund
Before course begins to day 3 Up to 6.667% 100%
Day 4 - 7 Up to 13.333% 70%
Day 8 - 11 Up to 20% 50%
Day 12 - 14 Up to 26.667% 30%
Day 15 - 18 Up to 33.333% 20%
Day 19 or after Greater than 33.333% 0%

 

Partial refunds are determined by the date of class withdrawal. If you drop a class on a class day, it is considered a completed day for the purposes of the refund calculation.

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).

Amount of refund

Refund amounts are subject to review.

Some refunds are authorized by other offices on campus.

You will receive a full refund if:

  • the University cancels the course.
  • the University does not permit you to enroll or continue (except for disciplinary reasons).
  • you are drafted into military service or called to active duty. Contact the Military Services Center at 330-972-7838 for more information.

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