Tuition Refund Policy

TUITION REFUND POLICY 

CUSM students who withdraw, or are otherwise withdrawn or de-enrolled by CUSM, are subject to CUSM’s Tuition Refund Policy. The tuition refund calculation is determined by the daily charge for the semester [total tuition charge, divided by the number of days in the semester, multiplied by the number of days the student attended or was scheduled to attend, prior to withdrawal]. Calendar days (including weekends) are used.  CUSM students are ineligible for a tuition refund if they have completed more than 60% of any semester.   

CALCULATION 

STEP 1 – Determine Days of Attendance 

 

Tuition Liability: CUSM students are ineligible for a tuition refund if they have completed more than 60% of any semester (Instruction Days). “A 60% point in relation to tuition liability typically refers to the point in an academic semester where a student is considered to have earned 100% of the tuition they are charged. This means that if a student withdraws from all classes after this point, they may not be entitled to a refund of tuition” 

STEP 2 – Calculate Tuition Refund/Adjustment 

RETURN OF TITLE IV FEDERAL (R2T4) CALCULATION  

If you are a recipient of Federal Funding (Title IV), an R2T4 calculation will be completed to determine if the student has earned/unearned portions of Title IV funds. R2T4 is a federal regulation requiring students who withdraw from school before completing more than 60% of their semester to return any unearned federal student aid. When performing an R2T4 calculation, scheduled breaks of 5 or more consecutive days are excluded from the semester. Please note that CUSM’s Tuition Refund Policy and Return of Title IV Federal funds (R2T4) procedures are independent of one another. For more information about R2T4, please contact the Financial Aid office at FinancialAid@cusm.edu.