Refund Policy for MSP
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Document Number: MSP--104
Revision #: 2.0
Document Owner: University Provost
Date Last Updated: 12/11/2017
Primary Author: Dean of the School of Humanities, Education, and the Arts
Status: Approved
Date Originally Created: 05/14/2012
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General Description
Description: Information about the MSP refund policy.
Purpose: Delineation of policy.
Scope: Students
Responsibility: Academic Affairs
Business and Finance
Deans
VP for Academic Affairs
VP of Business and Finance
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Requirements
Relevant Knowledge: In order to comply with this policy you should know:
Current University policy
Terms and Definitions: Additional training
Loss of privilege, student
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Policy Provisions
1. Refund Policy for MSP
Cumberland University has adopted the federal refund policy as established by the United States Department of Education as defined in the “Higher Education Act Amendments” as specified in 1992. Federal refund policies are subject to revisions based on legislative changes and/or the issuance of additional federal regulations. The current policy is as follows:
•A student that officially withdraws up to one week before or on the first day of class – 100% refund.
•A student that officially withdraws after the first day of class through the first ten percent of the enrollment period – 90% refund.
•A student that officially withdraws after the first ten percent through the first twenty-five percent of the enrollment period – 50% refund.
•A student that officially withdraws after the first twenty-five per cent through the first fifty percent of the enrollment period – 25% refund.
•A student that officially withdraws after the first fifty percent of the enrollment period is entitled to no refund.
Official withdrawal, during any semester, does not cancel tuition and fee charges already incurred from previous terms.
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Performance Evaluation
Performance Metrics: Compliance with standard policy and procedure
Consequences: Further training
Loss of privileges
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Subject Experts
The following may be consulted for additional information.
Dean of the School of Humanities, Education, and the Arts
VP for Academic Affairs
VP of Business and Finance