2010–11 William Mitchell Student Handbook

16.9 Finance Department The Finance Department is open from 8:30 a.m. to 5:00 p.m., Monday through Friday. Services for students include the following: Receipt of billed tuition and fees Payroll check disbursement Student refund check disbursement Student account related inquiries 1098 tax form inquiries 16.10 Withdrawal from a Course – Add/Drop-Effecting Tuition Add/drop activities, once an academic term has begun, that result in a net reduction in tuition may incur a tuition liability based on the tuition refund schedule. Students who drop from full-time to part-time or from part-time to below 8 credits will have a refund calculation performed by the Finance Office where any tuition liability will be recognized and applied to the students’ accounts.

Add/drop activities, once an academic term has begun, that result in a net increase in tuition will be billed accordingly in the next billing cycle.

Credit balances from fully paid student accounts will be distributed by check in accordance with any applicable Federal Regulations. For additional questions regarding add/drop of classes, please see Registration, Withdrawals, and Records.

For the Tuition Refund Schedule see www.wmitchell.edu/current/registration/refund.html.

16.11 Withdrawal from the College – Tuition Refunds For the process on how to Withdraw from the College see section 2.10.

Students who fully withdraw from an academic term, once the term has started, will have a tuition liability calculation completed by the Finance Office. The calculation will be based on the day of the official withdrawal and subject to the percentages listed on the WMCL website under “Tuition Refund Schedule” for the specific academic term. After the 60% point in a term, no refunds for tuition are given.

Students who receive federal financial aid will have a calculation done for Return of Title IV Funds as well.

Any remaining balance on a student account after these calculations are performed is due immediately.

William Mitchell College of Law will process withdrawal calculations within 10 days after the withdrawal form is received in the Finance Office.

If, at the time of withdrawal, a student’s tuition payments exceed the amount of tuition liability, the Finance Office uses the overpaid amount to reduce any student aid awarded before returning any funds to the student. Aid is refunded to student financial aid programs in the following order, as mandated by federal and state regulation: 1. Unsubsidized Federal Direct Loan 2. Subsidized Federal Direct Loan 3. Graduate Plus Direct Loans 4. Federal Perkins Loan 5. Other Title IV (Federal) Financial Aid Programs 6. Other Federal Sources