Student Accounts

Day Baccalaureate and Semester Graduate

Use the following tables to determine the amount of your refund based on the date you withdraw.

Fall 2009 Full Term 1st Half Term 2nd Half Term
Refund Date of Withdrawal Date of Withdrawal Date of Withdrawal
 100% Sept 09 - Sept 16  Sept 09 - Sept 16  Nov 02 - Nov 09
 80% Sept 17 - Sept 24  Sept 17 - Sept 21  Nov 10 - Nov 12
 60% Sept 25 - Oct 02  Sept 22 - Sept 24  Nov 13 - Nov 17 
 40% Oct 03 - Oct 10 Sept 25 - Sept 29  Nov 18 - Nov 20
 20% Oct 11 - Oct 18  Sept 30 - Oct 2  Nov 21 - Nov 25
No Refund After Oct 18, 2009  Oct 2, 2009 Nov 25, 2009

Winter 2010

Winter 2010 Full Term 1st Half Term 2nd Half Term
Refund            Date of Withdrawal    Date of Withdrawal   Date of Withdrawal
 100% Feb 01 - Feb 08 Feb 01 - Feb 08  Mar 22 - Mar 29
 80% Feb 09 - Feb 16  Feb 09 - Feb 11   Mar 30 - Apr 01
 60% Feb 17 - Feb 24  Feb 12 - Feb 16   Apr 02 - Apr 06
 40% Feb 25 - Mar 04  Feb 17 - Feb 19   Apr 07 - Apr 09
 20% Mar 05 - Mar 12  Feb 20 - Feb 24   Apr 10 - Apr 14
No Refund After  Mar 12, 2010 Feb 24, 2010  Apr 14, 2010

Policies

Fees: At the end of the 100 percent refund period, the full amount will be charged for course fees and student activity fees.

January Term Refund Policy: January-term courses are only refundable through the first day of the course.

Refunds: Excess Financial Aid refunds begin being processed 14 days after disbursement and are made by check on Tuesday's and Friday's. Saint Paul student refunds can be picked up at the Student Accounts office after 2:00pm the day they are processed. Checks that are not picked up within 2 weeks are automatically mailed. All Minneapolis student refunds are mailed the day they are processed. Monitor your KatePay account to see if you have a credit balance on your student account.  Allow three weeks for delivery.

If a check must be reprinted prior to the three-week waiting period, a $35 stop payment/reissue fee charge will be assessed. Any refund balance that results from using American Express, Discover, MasterCard or Visa will be credited directly to the credit card.

Withdrawal: If a student withdraws from school after receiving a refund check, the student may be required to repay all or a portion of the refund amount back to the University.

Federal Refund Policy: The "Return to Title IV Funds" policy applies to any student who receives federal Title IV funding and withdraws. The Return to Title IV funds formula determines the amount of Title IV funds a student has earned at the time the student ceases attendance, and the amount of Title IV funds a student must return. The amount of Title IV funds a student earns is a proportional calculation based on the amount of time the student attends school through the 60 percent of the term.

If a student ceases to attend school after 60 percent of the term, the student earns 100 percent of the Title IV funds. If an unofficial withdrawal is determined (all failing and/or non credit grades), the 50 percent date of the term is used as the last date of attendance to calculate refunds if the last date of attendance is unknown.

Non-Federal Refund Policy: Refunds for state aid programs and non-state aid programs are calculated on a proportional basis using the state mandated or institutional refund policy. To calculate the minimum refund due to the Minnesota State Grant Program (Minnesota Child Care and CSC Child Care Grants), the SELF Loan Program, and other aid programs (with the exception of the State Work Study Program), the MOHE Refund Calculation Worksheet is used. Please contact the Financial Aid Office for the complete policy.