Tuition Refund Policy

Withdraw/Leave of Absence

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.

Dropping from a class

(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 2020-2021

Fall A Term 2020

Fall B Term 2020

Spring A Term 2021

Spring B Term 2021

Summer Term 2021 (TBD)