Institutional Refund Policy

Policy Purpose

As a part of the Higher Education Amendments of 1998, Congress passed provisions governing consumer information and requires all schools to publish their institutional refund policy for their students.

Applies To

All enrolled students.

Policy Statement

Fisk University refund policy is used when a student withdraws from the university.

  • If the official withdrawal notice date is before the first day of the enrollment period (not the class start date), then the student is entitled to a refund totaling 100 percent of tuition and fee charges (minus any deposits).
  • If the official withdrawal notice is within the first day of class until one week after the semester begins, the student is entitled to a refund totaling 80 percent of tuition and fees.
  • If the official withdrawal notice is within 8 to 14 days after the semester begins, the student is entitled to a refund totaling 50 percent of tuition and fees. Anything after 15 days or more into the semester, the student is not entitled to a refund.

Reference

34 C.F.R. 668.43