Course Refund

Registration: Financial & Academic Liability

Once registered, students are liable for the full cost of tuition of the courses and fieldwork for which they have registered regardless of non-attendance to the class.  Full liability applies for both students using the deferred payment plan and those paid in full at registration.

Dropping Or Withdrawing From A Course

When students drop or withdraw from courses, tuition refunds are considered according to the date the completed request form is received in the Registrar's Office based on the below refund schedule.

Registration Fees

All registration fees are non-refundable.

Refund Policy Committee

Students wishing to appeal the refund policy must send their request in writing to the Refund Policy Committee (RPC). The Committee will review students’ requests and gather all information from all involved parties. RPC will make a decision and share it with the student.  The decision of the Refund Policy Committee is final. Requests and appeals can be sent to the Committee at registrar@bankstreet.edu. Please be sure to indicate "Refund Policy Committee Request" in the subject line.

Refund Schedules

Per Term

  • Fall/Spring Classes

    Fall & Spring term refunds are made according to the following schedule:


    Courses dropped by the last day of the Drop/Add Period:

    • 100% tuition refund
    • Fees are non-refundable

    After the Add/Drop period ends, the following refunds will apply to WITHDRAWALS:

    2, 3, 4 and 6 credit classes:

    Prior to the 3rd class meeting             50% of tuition

    Prior to the 4th class meeting             25% of tuition

    After the 4th class meeting                 NO REFUND

     

    Online & Hybrid Classes:                     

                                        1st  week AFTER drop/add period                  50% of tuition

                                        2nd Week AFTER drop/add period                 25% of tuition

                                        3rd  Week AFTER drop/add period                NO refund

    Any 1 credit courses starting AFTER the Add/Drop period:

    • Drop prior to the 2nd class meeting     100% of tuition
    • After the 2nd class meeting                    NO REFUND

    **Refunds for courses which meet in unusual calendar configurations will be handled individually.
         Please note that registration fees are not refundable.

  • Summer Classes

    Summer term refunds are made according to the following schedule:

    Courses dropped by the last day of the Drop/Add Period:

    • 100% tuition refund
    • Fees are non-refundable

    After the Add/Drop period ends, the following refunds will apply to WITHDRAWALS:

    2 and 3 credit classes (ie. M/W or T/Th):

    • Prior to the 3rd class meeting 25% of tuition
    • After the 3rd class meeting NO REFUND

     

    2/3 credit classes that meet 4 times per week (ie. Monday-Thursday):

    • Prior to the 4th class meeting 50% of tuition
    • Prior to the 5th class meeting 25% of tuition
    • After the 5th class meeting NO REFUND

    Online Classes:

    • After the last day of the Add/Drop Period NO REFUND

    Any 1 credit courses starting AFTER the Add/Drop period:

    • Drop prior to the 2nd class meeting 100% of tuition
    • After the 2nd class meeting NO REFUND

     

    Please note that registration fees are not refundable.

More Refund Information

Title IV Recipients and Refunds

If eligible for a refund, the amount is calculated according to the following formula:

The portion of the period completed, divided by the length of the payment period (if greater than 60%, assume 100%), multiplied by Title IV Aid disbursed--including the amount of awarded Title IV Aid that could have been disbursed if the student established eligibility for the funds prior to withdrawing.

Unearned amounts allocable to Title IV, HEA Programs will be returned in the following order:

  • William D. Ford Federal Direct Unsubsidized Loans
  • William D. Ford Federal Direct Subsidized Loans
  • Perkins Loans

Course Cancellation Policy

The College reserves the right to cancel a course for which there is insufficient registration.

Tuition paid and registration fees will be refunded in full to any student who has registered and paid for a course that is subsequently canceled.