The requirements for officially withdrawing from Marywood University are as follows:
A. Classified students who intend to discontinue attendance at Marywood University and do not plan to return should officially withdraw. Absence from class does not constitute due notice of withdrawal from the institution.
B. Unclassified matriculating students must complete an add/drop form and submit it to the Academic Records Office in order to withdraw from the University.
Should a student officially withdraw or take an undergraduate or graduate leave of absence from the University for any reason, the following refund policy shall apply:
For the fall and spring semesters only:
For summer semesters only:
Students who officially withdraw or take a leave of absence from Marywood may be eligible for termination of the Agreement and refund of room and board fees under the following conditions:
a. An official withdrawal from Marywood and, in turn, housing, is received prior to the opening day of Housing. This will result in a refund of room and board charges less the $300.00 reservation fee.
b. An official withdrawal from Marywood is received between the opening day for Housing and the 16th calendar day of the semester will result in a 25% room charge and a 75% refund of room fees.
c. An official withdrawal from Marywood is received between the 17th and the 23rd calendar day of the semester will result in a 50% room charge and a 50% refund of room fees.
d. Withdrawal from Marywood between the 24th and the 30th calendar day of the semester will result in a 75% room charge and a 25% refund of room fees.
e. An official withdrawal received after the 30th calendar day of the semester is not eligible for a room refund and the student is responsible for 100% of room fees.
f. Students will receive a daily prorated refund for board charges up to the 12th week of the semester, and any withdrawals after the 12th week will result in a forfeiture of all monies paid for board fees.
Resident is responsible for requesting release from this Agreement by submitting a written Release from Housing form to the Office of Housing and Residence Life after completing an official withdrawal or leave of absence from Marywood. Resident remains responsible for any unpaid room and board balance due until granted a release from the Agreement. Students who are denied admission to Marywood University or declared academically ineligible to return to Marywood prior to the opening of the residence halls will result in a full refund of room and board charges less the $300.00 reservation fee.
Financial aid received by students who withdraw may also be adjusted. In accordance with current federal regulations, those students who receive federal financial aid and who withdraw from the University during the first 60% of a semester will have their federal financial aid (Pell Grants, Supplemental Educational Opportunity Grants, Direct Loans, and Plus Loans) adjusted based on the percent of the semester completed prior to withdrawal. That is, Title IV funds earned is defined as the same percent of the federal financial aid received as the percent of the semester completed. This percent is calculated by dividing the number of days in this semester (excluding breaks of five days or longer) into the number of days completed (excluding breaks of five days or longer) prior to the withdrawal. Unearned Title IV funds must be returned to the corresponding programs. According to the current federal regulations, earned Title IV funds are used to pay institutional charges first.
The date of withdrawal used for calculating the return of Title IV funds is determined by the date the student completes the withdrawal process at the Office of Academic Records (see section titled Withdrawal Policy), unless there is documented evidence by the course instructor of class attendance beyond that date. According to current Federal regulations, there will be no adjustment to Federal financial aid after the completion of at least 60% of the semester. Students who do not follow the official withdrawal procedure, but who stop attending classes for all of their courses, will be considered to have withdrawn at the 50% point of the semester, unless attendance is otherwise documented by the course instructor. Students who do not return from an approved leave of absence are considered to have withdrawn on the earlier of the official date of the leave of absence or the date the student notifies the institution that he or she will not be returning to the institution.
According to current federal regulations, unearned Title IV funds must be returned to the Title IV programs in the following order:
Semester-specific refund schedules for the Return of Title IV Funds policies or specific information about current federal regulations regarding refunds are available from the Student AccountsOffice.
Marywood will refund credit balances resulting from federal Title IV aid no later than 14 days after the first day of classes or the date the funds were applied to the student's account, whichever comes last. All other refunds will be held on the student's account unless a refund is requested.
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