Students who withdraw, take a leave of absence, or stop attending all classes at Wilmington College will receive refunds for tuition and room according to the following schedule:
|From the first day of class up to and including the fifth day of class||100% refund|
|From the sixth day of class up to 10% period of time (calendar days)||90% refund|
|After 10% and up to 20% period of time (calendar days)||80% refund|
|After 20% and up to 30% period of time (calendar days)||70% refund|
|After 30% and up to 40% period of time (calendar time)||60% refund|
|After 40% and up to 50% period of time (calendar days)||50% refund|
|After 50% and up to 60% period of time (calendar days)||40% refund|
|After 60% period of time (calendar days) No refund||No refund|
Meal plans will be pro-rated based on the number of weeks the meal plan was used.
Students who withdraw before the 60% period of time will have a percentage of their financial aid returned by the school and possibly by the student to the appropriate programs(s). The amount of Title IV aid (other than Federal Work Study) to be returned is equal to the total Title IV aid that was disbursed for the semester multiplied by the percentage of the term not attended.
If a portion of a refund remains after returning funds to the appropriate program(s) from which the student received assistance or if the student owes a repayment of non-institutional funds and if there are unpaid charges owed to Wilmington College, the College will automatically credit the student account with this remaining refund amount.
Students who are Title IV aid recipients will have refunds and repayments distributed as prescribed by federal regulations. The distribution of funds is listed below:
- Unsubsidized Direct Loan
- Subsidized Direct Loan
- Direct Parent Plus Loan
- Pell Grant
- Iraq and Afghanistan Service Grant
- Federal SEOG Grant
- TEACH Program
- Other federal, state, private, or institutional sources of aid
- The student
Examples of the refund policy are available to all prospective and currently enrolled students by contacting the Student One Stop Center.