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 2020-2021
Fall A Term 2020
August 26 - September 1, 2020 | 100%, no grade assigned |
September 2 - September 8, 2020 | 75% refund, grade of W assigned |
September 9 - September 15, 2020 | 50% refund, grade of W assigned |
On or after September 16, 2020 | 0% refund, grade of W or WE assigned |
Fall B Term 2020
October 27 - November 2, 2020 | 100% refund, no grade assigned |
November 3 - November 9, 2020 | 75% refund, grade of W assigned |
November 10 - November 16, 2020 | 50% refund, grade of W assigned |
On or after November 17, 2020 | 0% refund, grade of W or WE assigned |
Spring A Term 2021
January 11 - January 17, 2021 | 100% refund, no grade assigned |
January 18 - January 24, 2021 | 75% refund, grade of W assigned |
January 25 - January 31, 2021 | 50% refund, grade of W assigned |
On or after February 1, 2021 | 0% refund, grade of W or WE assigned |
Spring B Term 2021
March 15 - March 21, 2021 | 100% refund, no grade assigned |
March 22 - March 28, 2021 | 75% refund, grade of W assigned |
March 29 - April 4, 2021 | 50% refund, grade of W assigned |
On or after April 5, 2021 | 0% refund, grade of W or WE assigned |
Summer Term 2021 (TBD)
Registrar