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Institutional Policies

Policy ADMA-BUS-006

 
logo of The University of Southern Mississippi  
Responsible University Administrator: Vice President for Finance and Administration
Responsible Officer: Director of Student Financial Services
Origination Date: N/A
Current Revision Date: 08/06/19
Next Review Date: 08/06/23
End of Policy Date: N/A
Policy Number: ADMA-BUS-006
Status: Effective

 

REFUND AND WITHDRAWAL POLICY

Policy Statement

This following policy outlines possible refunds for students who withdraw from the university or cancel classes.

Reason for Policy/Purpose

This policy is required for the effective communication of university policy regarding refund and withdrawal from classes.

Who Needs to Know This Policy

All students attending The University of Southern Mississippi.

Website Address for this Policy

www.usm.edu/institutional-policies/policy-adma-bus-006

Definitions

N/A

Policy/Procedures

Students who find it necessary to withdraw from the university (or cancel classes prior to the first day of classes) must log on to their SOAR account, choose the Courses and Enrollment tile, Drop a Class tab and choose the appropriate action.

 

Refunds are based on the following (applies to withdrawals and dropped classes):

 

Withdrawal prior to the first day of classes of any semester

100%

INTERSESSION

 

The second day of the Intersession

100% less a $30 withdrawal fee

After the second day of the Intersession

None

FALL AND SPRING SEMESTERS

 

The first through the sixth working day

100% less a $30 withdrawal fee

After the sixth working day

None

8W1 AND 8W2 FALL AND SPRING SEMESTERS

 

The first through the third working day

100% less a $30 withdrawal fee

After the third working day

None

SUMMER SEMESTER

 

The first through the sixth working day

100% less a $30 withdrawal fee

After the sixth working day

None

SUMMER SEMESTER I AND II

 

The first through the third working day

100% less a $30 withdrawal fee

After the third working day

None

 

 

These scheduled dates are posted on the Business Services web page. https://www.usm.edu/business-services/important-financial-dates

 

Refunds are based on the assessment, not upon the amount paid by the student.

 

Appeals for refunds due to extenuating circumstances may be made in writing to Business Services, 118 College Drive #5133, Hattiesburg, MS 39406‐0000. Appeals must be received prior to the end of the academic year.

 

Refunds/returns of Title IV funds for students who participate in SFA (Student Financial Assistance) programs are calculated based on federal regulations. The processing steps for determining refunds/returns are available in Business Services, Forrest County Hall, Room 101.

Review

The Director of Student Financial Services is responsible for the review of this policy every four years (or whenever circumstances require immediate review). 

Forms/Instructions

N/A 

Appendices

N/A 

Related Information

N/A 

History

Amendments: Month, Day, Year – summary of changes

 

11/01/11: Formatted for Institutional Research website.

02/20/13: Formatted for template. Minor editing of punctuation and word usage throughout.

08/07/14: Updated for new 2014 calendar revisions.

08/06/19: Updated Policy/Procedures section and added in website.

 

 

Contact Us

Institutional Policies
505 International Center (IC)
118 College Dr. #5079
Hattiesburg, MS 39406

Hattiesburg Campus

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Phone
601.266.4466