Tuition Refund Policies

University of St. Augustine for Health Sciences institutional refund policy has been established in accordance with current state and federal regulations and applicable accrediting standards. A refund to the student or fund source may result from the application of the University’s institutional refund policy.

Details on USA's Tuition Refund Policies can be found in the Student Handbook and the University Catalog.

 

Tuition Refund Policy for First Professional Programs

 

Cancellation and Tuition Refund Policy

University of St Augustine for Health Sciences institutional refund policy has been established in accordance with current state and federal regulations and applicable accrediting standards. A refund to the student or fund source may result from the application of the University’s institutional refund policy.

 

Tuition Refund Policy

The University of St. Augustine for Health Sciences has an established add/drop period that is the first week (7 days) of each semester. All tuition and fees will be refunded to students who withdraw within the add/drop period.

For students who withdraw (including transfers and leaves of absence) from ALL classes on or before 60% of the term has elapsed, USAHS will calculate, according to federal regulations, any amounts received by USAHS that must be returned to the payee (lender or student).

 

Step 1: Determine the percentage of the enrollment period the student attended before withdrawing using the last day of determined attendance (days attended divided by total days in the period).

 

Step 2: Determine the amount of tuition earned by school by multiplying the total tuition/fee charged by the percentage of time enrolled.

 

Step 3: Compare the amount of tuition earned by school to the amount received by the school. If more funds were received by the school than tuition earned by school, determine the amount of funds that must be returned by subtracting the tuition earned by school amount from the amount received by the school.

 

Step 4: Distribute the unearned tuition received by the school back to the appropriate lender program or payee.

 

Students will be billed for any amount due to USAHS as a result of tuition not being paid at time of withdraw and that would have been used to cover USAHS charges.

If a student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest less the amount of any refund. If the student has received federal student financial aid funds, the student is entitled to a refund of the monies not paid from federal student financial aid program funds.

All refunds will be made within 30 days of the date the University determines that the student has withdrawn.

 

U.S. DEPARTMENT OF EDUCATION RETURN OF FUNDS POLICY:

U.S. Department of Education regulations prescribe that when a student receiving Federal student financial aid withdraws, any Federal student aid funds attributable to time after the last date of attendance (pro-rated on a daily basis) must be returned, unless the last date of attendance occurs after the 60 percent point in the term for which the student was charged. These regulations operate independent of the refund policy set forth above. This means that the University may be unable to retain enough of a student’s Federal student aid to cover the student’s charges under the refund policy. If so, the required return of funds will be made, and the University bills the student for any shortfall. All refunds are made within 30 days of the date the University determines that the student has withdrawn.

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

0 comments

Please sign in to leave a comment.