
    
  
Refunds
REFUNDS: Registration is an agreement between the student and the university. If a student withdraws, a refund may be given, depending upon the period of time that has elapsed from the beginning of the semester. Refunds apply to those completely withdrawing from school, not to those who drop a course.
Notice about withdrawal:
Failure to pay does not withdraw you from classes. Should you decide not to attend IWU, you must notify the Records Office before the first two weeks of the semester in order to receive 100% refund. If you do not formally withdraw through the Records Office, you risk receiving grades of F in your courses for the semester. The following table reflects the percentage/amount of refund allowable to those who completely withdraw from school:
| |
Tuition & Refund |
Fee Refund Room |
| During the first week |
100% |
75% |
| During the second week |
100% |
50% |
| During the third week |
75% |
25% |
| During the fourth week |
50% |
-0- |
| During the fifth week |
25% |
-0- |
No refunds after the fifth week. |
Refunds for Summer sessions and May Term are calculated on a daily basis.
   
Special fees, such as private lesson fees, are refundable according to the same percentages as tuition. Scholarships and other forms of financial aid are taken into consideration when refunds are calculated and are prorated according to program restrictions.
BOARD: $100 is non-refundable as an administrative charge. A student who withdraws will be refunded $15.00 per day. No board refunds will be given after December 1 for the Fall semester, or April 1 for the Spring semester..

|