The refund percentage that a student receives is a calculation of the time remaining in the semester up through 60% of the semester. Once 60% of the semester has expired, there is no refund for a withdrawal from the institution. The refund calculation is based on days enrolled in the semester divided by the number of calendar days in the semester excluding weekends breaks of five (5) or more consecutive days.
A refund of all nonresident fees, matriculation fees, and other mandatory fees shall be made in the event of the death of a student at any time during the academic session (BOR Minutes, 1979-80, p. 61; 1986-87. pp. 24-25; 1995, p. 246).