Refund Policies

Tuition Refund Policy

The refund policy for new students follows the mandatory United States Department of Education guidelines for students attending Springfield College for the FIRST time:

The refund policy for students provides that if a students written request is received by the 15th of the second month of each term, the student will receive a 100% tuition refund.

The deadlines for 100% credit are:

• October 15 for the Fall Term
• February 15 for the Spring Term
• June 15 for the Summer Term

If a students written request is received from the 16th of the second month until the last day of the second month in each term, the student will receive a 50% tuition refund.

The deadlines for 50% credit are:

• October 31 for the Fall Term
• February 28 for the Spring Term
• June 30 for the Summer Term

If a students written request is received after the last day of the second month, the student will be held responsible for the total amount of tuition whether or not the student attended classes. The course(s) withdrawn will remain permanently on the academic transcript with the grade of W.

Changes in a students enrollment may change his/her financial aid eligibility.

Federal Financial Aid Refund Policy

When a student withdraws during a term, the amount of federal student financial aid that he/she has earned up to that point is determined by a specific formula. If the student received (or Springfield College or a parent received on behalf of the student) less assistance than the amount that the student earned, the student may be able to receive those additional funds. If the student received more assistance than they earned, the excess funds must be returned by the school and/or the student.

The amount of assistance that the student has earned is determined on a pro-rata basis. For example, if a student completed 30 percent of the period of enrollment, he/she would earn 30 percent of the assistance he/she was originally scheduled to receive. Once a student has completed more than 60 percent of the period of enrollment, the student earns all the assistance that he/she was scheduled to receive.

There are some financial aid funds that the student cannot earn once he/she withdraws because the student does not meet other eligibility requirements, even if a student was scheduled to receive them. The student will be notified of any changes in their eligibility after review by the Financial Aid Office.

Credit Balance Refund Policy

If a student has a credit balance on his/her account, a refund check will be issued within 14 days of the date that the credit balance occurs, unless the student authorizes the College, in writing, to hold the credit balance for a future term. On the Friday following the refund check being generated, the refund check will be available for pickup at the Business Office.

If the refund check is not picked up by 2:00 p.m., it will be automatically mailed to the billing address on the student account. The refund check will be made payable to the student unless the student requests in writing that the refund check be made payable to another party.

Credit Balance RefundCalifornia Campuses Only

The student has a right to a full refund of all charges less the amount of the Application Fee (see the Tuition and Fees Schedule) if he/she cancels the agreement prior to or on the first day of instruction. In addition, the student may withdraw from a course after instruction has started and receive a pro-rata refund for the portion of the tuition and other refundable charges if the student has completed 60 percent or less of instruction. (For example, if the student paid $3,000 tuition for a 90-hour course and completed 30 hours, he/she would receive a refund of $2,000 for the 60 hours not completed.)

If the College cancels or discontinues a course or educational program, the College will provide a full refund of all charges. Refunds will be credited to the student account within 30 days of the cancellation or withdrawal.

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