Refund Guidelines and Deadlines
Unit Load Change for Residents: Partial Refund of Professional Program Fee and MBA/MSA Program Fee
Deadline: August 25, 2014 - September 8, 2014 (On the First Day of Semester through the Published Drop Deadline Date)
Eligibility: A MBA/MSA students who drops units on or before September 8, 2014, shall be entitled to a pro-rata refund of applicable tuition and fees less a non-refundable administrative fee of $20. A refund request form is not required unless students want to expedite the refund check processing which is normally ten business days from the date the Bursar's Office staff receives and stamps the refund form. Otherwise, for unofficial withdrawals and/or cancellation of classes, refund checks will not be processed until after the 60 percent of the attendance period, which is after October 30, 2014 unless a Refund Request form is submitted to the Bursar’s Office.
Calculation:Students will receive a pro-rata refund less a non-refundable administrative fee of $20. The pro-rata refund is determined on the basis of the drop date that results in a lower tuition fee charges and the length of the semester. For Fall 2014 semester, the total number of days from the first day of the semester (August 25, 2014) through the last day of final exams (December 20, 2014) is 112. The calculation excludes any breaks of five (5) days or more.
Schedule of Professional Program Fee Refund
|On or before August 22, 2014|
|August 25, 2014 through September 8, 2014|
|By the Drop Date of September 8, 2014|
|On September 9, 2014 and thereafter|
Schedule of MBA/MSA Program Fee Refund (reduction in units must occur by the Drop Deadline Date of September 8, 2014)
|Fees Paid for 6.1 or More units||$1,200.00|
|Less: Fees Paid for 0 to 6.0 units||$700.00|
| Administrative Fee
|Partial Graduate Refund||$480.00|
For Example: A resident graduate MBA or MSBA Student enrolls for 9 units, paying the $3,369 Tuition Fee, $1,200 MBA/MSA Program Fee, $2,286 Professional Program Fee ($254 x 9 units), and $489 local fees (total tuition and fees paid: $7,344). The student drops a 3 unit MBA or MSA course ($254 x 3 units = $762) 5 days into the 112 day semester. Student was enrolled for 4.5% of the 3-unit MBA/MSA course and receives a refund of 95.5% of the Professional Program Fee for the 3 units, a partial refund of the tuition fees for dropping below the 6.1 units, and a partial refund of $500 for the MBA/MSA Program fee for dropping below 6.1 units, for a total refund of $2,643.71 (Professional Program Fee $727.71 + $1,416 partial tuition + MBA/MSA Program Fee $500) less $20 administrative fee.
Note: Students will not be eligible for Professional Program Fee or MBA/MSA Program Fee refund for unit load change that results in lower Professional Program Fee and MBA/MSA Program Fee charge after the Published Drop Deadline Date of September 8, 2014 unless a total withdrawal or cancellation of all classes takes place by October 30, 2014..