Students who take a leave in the first two weeks of the term typically are not charged tuition for that term. Policies may vary for other expenses, such as materials fees, housing, and health fees. Beyond the two-week period, students who take an involuntary or voluntary leave will ordinarily be charged tuition according to the following tuition and fee adjustment calendar:
Fall
| On or before: | Fee Adjustment: |
|---|---|
| September 15 | one-fourth tuition for the term |
| October 15 | one-half |
| November 15 | three-fourths |
| after November 15 | full tuition |
Spring
| on or before: | Fee Adjustment: |
|---|---|
| February 15 | one-fourth tuition for the term |
| March 15 | one-half |
| April 15 | three-fourths |
| after April 15 | full tuition |
Any student who leaves the University with an amount due on their student bill that is unpaid for 60 days or more may be subject to collection activities. Costs associated with collecting an unpaid account will be added to the student’s outstanding debt and must be paid in full.
Students receiving scholarship or other financial aid should consult the Financial Aid Office concerning the financial implications of going on leave or withdrawing. If a student received financial aid, MBA Financial Aid Services staff will meet with the student to determine any applicable refunds or related financial obligations.
Return of Title IV Funds
If you withdraw and have borrowed Federal Student Loans, MBA Financial Aid Services will calculate, according to Federal guidelines, the amount of Federal Direct Unsubsidized Stafford or Federal Direct Graduate PLUS Loans that you have earned and what portion must be returned to the Federal Programs.