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Total Withdrawal and Refunds PolicyTotal Withdrawal Tuition Refund Policy Ferris State University has two policies that must be followed when students withdraw from all classes. The two policies are Ferris State University’s Total Withdrawal Tuition and Housing Refund Policy and Federal Financial Aid Refund Policy mandated by Federal Title IV Regulations. The first policy deals with crediting charges to students’ accounts depending on the point that students withdraw in a semester. The latter policy deals with the returning of federal financial aid to the Title IV Programs. An explanation of Tuition Refund Policies both policies follows, in addition to procedures for returning funds to non-federal financial aid programs. Ferris State University’s Tuition and Housing Refund Policy Refunds, or credits to students’ accounts, are made in cases of total withdrawal from the University. A reduction in course load, for example one class is dropped, after the 4th day of classes is not a basis for a refund. All tuition and housing charges and financial aid credits are used in calculating student refunds. The number of class days used to determine the percentage point of the semester will vary with each semester. Students who are judicially suspended or dismissed will not receive refunds for tuition, fees, housing or dining charges. |