Student Financial Services

Start of classes

The first day of classes as scheduled by the college shall be deemed to be the first day that classes are offered, as determined by the academic calendar.

Students who enroll for courses after the semester start date or start attending courses after the semester start date and then withdraw from courses are still responsible for paying tuition and fees in accordance with the tuition and fee liability schedule. The exception is for withdrawals from courses that are defined by the Office of the Registrar as late-start courses.

Leaves or withdrawals

Please contact the Office of the Registrar to apply for a voluntary withdrawal or leave of absence. Students who, for disciplinary reasons, are dismissed from the college or removed from campus housing, are not entitled to a refund at any time. More information about the registrar’s withdrawal and leaves policies is available here.

Students who take a medical leave of absence, personal leave of absence, or withdraw from Purchase College after the start of the semester will be entitled to earn a portion of their financial aid funds after a federal Title IV recalculation. This is a federally mandated policy that may require Purchase College to return federal financial aid funding detailed below.

Federal Financial aid

Federal law requires aid recipients to “earn” most of the aid they receive by staying enrolled in college at least half time. Students who withdraw prior to completing 60 percent of the semester for which they received federal student aid may be required to return some of the aid they were awarded. The law assumes that the student used the Title IV student aid (e.g., Subsidized and Unsubsidized Stafford Loans, Parent (PLUS) Loan or Perkins Loan) to pay their institutional charges - tuition, fees, residence hall room and board (meal plan), and other institutional charges. Thus, if the student withdraws prior to completing 60 percent of the semester for which they were awarded aid, the unearned portion of the aid must be returned to the federal government. Please review the Title IV Return of Funds webpage, here.

• Late payment fees
• Late registration ( add/drop) fees
• Payment plan enrollment and late fees

The last day to drop without liability is September 5th 2022. If you reduce your number of credits below the full-time level of 12 credits or completely withdraw from the college after this date, you will be responsible for paying tuition and fees according to the schedules below.

During 0% liability, refunds will be processed and charges removed for tuition and fees. After 0% liability, tuition and fees will be prorated according to the schedules below. 

Please click on the Housing link for room liability dates and Meal Plan for board liability dates.

Deposit Type	Refundable Until
Admissions	June 1, 2022
Housing	July 16, 2022

After these dates the Admissions/Enrollment and Housing Deposits will be forfeited.

Students who are academically dismissed from the college are eligible for a refund of their housing deposit placed for the upcoming academic year.

 

Full semester

Period of Enrollment	Tuition and Fees Refund	Tuition and Fee Liability
Aug. 29–Sept. 5	100%	0%
Sept. 6 – 11	70%	30%
Sept. 12 – 18	50%	50%
Sept. 19– 25	30%	70%
On or after Sept. 26	0%	100%

Short Term

Period of Enrollment	Tuition and Fees Refund	Tuition and Fee Liability
Oct. 03 - Oct. 21	100%	0%
Oct. 22 - 28	70%	30%
Oct. 29 - Nov. 4	50%	50%
Nov. 5 - 11	30%	70%
On or after Nov. 12	0%	100%

 

If a meal plan is cancelled by the quarter-point of the semester, September 7th, 2022 for the Fall 2022 semester, a 50% refund will be issued. No refund (0%) will be issued after the quarter-point of the semester.

The last day to change your meal plan for Fall 2022: 9/7/2022

Period of Enrollment	Refund
Before Aug. 28	100%
Aug. 29 – Sept. 25	50%
On or after Sept. 26	0%

 

If a student cancels their room plan after they have moved in but before the quarter-point of the semester, September 25th, 2022, a 50% refund will be issued. No refund (0%) will be issued after the quarter-point of the semester.

Please review the Residence License Agreement. Residents are responsible for all information outlines in this document. Visit the Living on Campus web page for more information on housing.

Period of Enrollment	Refund
Before Aug. 28 (if the student has not moved in)	100%
Aug. 29 – Sept. 25	50%
On or after Sept. 26	0%

The last day to drop without liability is January 24th 2023. If you reduce your number of credits below the full-time level of 12 credits or completely withdraw from the college after this date, you will be responsible for paying tuition and fees according to the schedules below.

During 0% liability, refunds will be processed and charges removed for tuition and fees. After 0% liability, tuition and fees will be prorated according to the schedules below.

Please click on the Housing link for room liability dates and Meal Plan for board liability dates.

Full semester classes

Period of Enrollment	Tuition and Fees Refund	Tuition and Fee Liability
Jan. 18- Jan 24	100%	0%
Jan. 25 -31	70%	30%
Feb. 1 - 7	50%	50%
Feb. 8 -14	30%	70%
On or after Feb. 15	0%	100%

 

Short Term classes

Period of Enrollment	Tuition and Fees Refund	Tuition and Fees Liability
Feb. 27 -Mar. 17	100%	0%
Mar. 18- 24	70%	30%
Mar. 25 - 31	50%	50%
Apr. 1 - 7	30%	70%
On or after Apr. 8	0%	100%

If a meal plan is cancelled by the quarter-point of the semester, February 14th, 2023 for the Spring 2022 semester, a 50% refund will be issued. No refund (0%) will be issued after the quarter-point of the semester.

The last day to change your meal plan for Spring 2022: 2/9/2022

Period of Enrollment	Refund
Before Jan. 25	100%
Jan. 26 – Feb. 14	50%
On or after Feb. 16	0%

 

If a student cancels their room plan after they have moved in but before the quarter-point of the semester, February 14th, 2023 for the Spring semester, a 50% refund will be issued. No refund (0%) will be issued after the quarter-point of the semester.

Please review the Residence License Agreement. Residents are responsible for all information outlines in this document. Visit the Living on Campus web page for more information on housing.

Period of Enrollment	Refund
Before Jan. 25  (if the student has not moved in)	100%
Jan. 26 – Feb. 14	50%
On or after Feb. 16	0%

 

For Add/Drop or Withdrawal Forms Received	Tuition and Fees Refund	Tuition and fees Liability
March- June 6th - last day to add/drop	100%	0%
June 7th - June 9th	35%	65%
On or After June 10th	0%	100%

For Add/Drop or Withdrawal Forms Received	Tuition and Fees Refund	Tuition and fees Liability
March- June 7th - last day to add/drop	100%	0%
June 8th - June 14th	35%	65%
On or After June 15th	0%	100%

For Add/Drop or Withdrawal Forms Received	Tuition and Fees Refund	Tuition and fees Liability
March-July 6th - last day to add/drop	100%	0%
July 7th - July 9th	35%	65%
On or After July 10th	0%	100%

 

• *A full refund will be issued if the College Cancels a course due to insufficient enrollment*