For students who withdraw, drop out, are dismissed, or take a leave of absence from the College, the following refund schedule will be applied towards institutional charges. Please be aware that based on the refund calculations applied, a student is responsible for any outstanding charges owed to Albertus Magnus College. All fees (Application Fee, Registration Fee, Add/Drop Fee, Information Technology Fee, Course Lab Fees) are non-refundable.
NOTE: any student who is a financial aid recipient prior to or at the time of withdrawal must see the Director of Financial Aid. For further details, contact the Financial Aid Office.
Tuition Charges Refund Schedule:
100% refund - The first calendar day of classes
90% refund - the 2nd to the 7th calendar day of classes
50% refund - the 8th to the 51st calendar day of classes
0% refund - The 52nd calendar day and beyond of classes
Room and Board Charges Refund Schedule:
Room and board charges will be pro-rated on a weekly basis.
After the 21st day (day one starts on the first calendar day of classes) of the semester NO REFUNDS WILL BE GIVEN.
No refunds will be given when a student is suspended or expelled from a residence hall due to a disciplinary action.
Beginning in the 2017-2018 Academic Year, Albertus Magnus College has partnered with BankMobile Disbursements, a refund management provider, in order to provide more flexible options for receiving refunds. The new refund program will give students the following options for receiving refunds:
- Electronic Deposit To Another Account
- Electronic Deposit To A BankMobile Vibe Account
- Paper Check Delivered By USPS
All students will be asked to select a refund delivery preference from the options listed above. Students should then:
- Update your mailing address
- Look for a green envelope from BankMobile Disbursements
- Make your choice online