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Prior to the first day of classes:
Students who cancel admission, withdraw, or take a leave from Simon Business School, voluntarily or involuntarily, before the first day of classes will receive a full tuition and fee refund (100%). These students are not included in Simon Business School records as registered for the term. All disbursed Title IV, institutional, state, and other aid will be returned to the appropriate account by the Financial Aid Office. Note: Non-refundable application and enrollment fees will be forfeited.
After the first day of classes:
Students who withdraw or take a leave from Simon Business School, voluntarily or involuntarily, after the first day of classes but before the time when s/he has completed 60 percent of the period of enrollment, will have their institutional charges and institutional aid adjusted based on a daily proration of attendance.
NOTE: For information on the University policy covering withdrawal or leave of absence, please go to: http://www.rochester.edu/registrar/policies.html#refunds.
(The following excludes Executive MBA and MSB Medical Management programs for which dates vary. See an advisor for the refund schedules for those programs).
Students with a flat-rate tuition:
Students voluntarily withdrawing (dropping) from a course(s) during a period of enrollment will not receive a refund.
Students charged on a per-credit-hour basis:
A tuition refund schedule applies to students voluntarily withdrawing (dropping) from a course(s) during a period of enrollment. This policy does not apply if you plan to decrease your credit load to 0 hours for the quarter, in which case, see Withdraw/Leave of Absence policy above.
Per Credit Refund Schedule 2019-2020
Pre-Fall 2019
| July 22 - July 28, 2019 | 100% refund, no grade assigned |
| July 29 - July 31, 2019 | 75% refund, grade of W assigned |
| August 1 - August 3, 2019 | 50% refund, grade of W assigned |
| August 4 - August 6, 2019 | 25% refund, grade of W assigned |
| August 7 - August 22, 2019 | 0% refund, grade of W or WE assigned |
Fall A Term 2019
| August 26 - September 1, 2019 | 100%, no grade assigned |
| September 2 - September 8, 2019 | 75% refund, grade of W assigned |
| September 9 - September 15, 2019 | 50% refund, grade of W assigned |
| September 16 - September 22, 2019 | 25% refund, grade of W assigned |
| September 23 - October 23, 2019 | 0% refund, grade of W or WE assigned |
Fall B Term 2019
| October 28 - November 3, 2019 | 100% refund, no grade assigned |
| November 4 - November 10, 2019 | 75% refund, grade of W assigned |
| November 11 - November 17, 2019 | 50% refund, grade of W assigned |
| November 18 - November 24, 2019 | 25% refund, grade of W assigned |
| November 25 - December 19, 2019 | 0% refund, grade of W or WE assigned |
Spring A Term 2020
| January 13 - January 19, 2020 | 100% refund, no grade assigned |
| January 20 - January 26, 2020 | 75% refund, grade of W assigned |
| January 27 - February 2, 2020 | 50% refund, grade of W assigned |
| February 3 - February 9, 2020 | 25% refund, grade of W assigned |
| February 10 - March 5, 2020 | 0% refund, grade of W or WE assigned |
Spring B Term 2020
| March 16 - March 22, 2020 | 100% refund, no grade assigned |
| March 23 - March 29, 2020 | 75% refund, grade of W assigned |
| March 30 - April 5, 2020 | 50% refund, grade of W assigned |
| April 6 - April 12, 2020 | 25% refund, grade of W assigned |
| April 13 - May 7, 2020 | 0% refund, grade of W or WE assigned |
Summer Term 2020
| May 19 - May 24, 2020 | 100% refund, no grade assigned |
| May 25 - May 31, 2020 | 75% refund, grade of W assigned |
| June 1 - June 7, 2020 | 50% refund, grade of W assigned |
| June 8 - June 14, 2020 | 25% refund, grade of W assigned |
| June 15 - July 26, 2020 | 0% refund, grade of W or WE assigned |
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