Tuition Refund Policy

Cancelation and Refund Policy

Should a student be terminated or cancel for any reason, all refunds will be made according to the following refund schedule:

Non-refundable items – Testing/Proctoring Fees, Application and Registration Fees, Lab Supplies, Software/Technology, and Books. Nonrefundable fees regarding admission and registration of students shall not exceed $150.

If Woodmont College does not offer a class that students have registered and paid for, Woodmont will refund the cost of the course to students. If students choose to withdraw from a course, their tuition refund depends on the date they withdraw from the course. Withdrawal dates and refunds are printed below:

1

Cancellation may be requested by phone, in person, via email, or via postal services.

2

All monies are be refunded if the student cancels within five (5) business days after signing the Enrollment Agreement and making initial payment, with the exception of the application fee.

3

If the school does not accept the applicant, all monies will be refunded with the exception of the application fee.

4

Cancellation after the fifth business day, but before the first class, will result in a refund of all monies paid with the exception of the application and registration fees.

5

Cancellation after attendance has begun, through 40% completion of the program, will result in a Pro Rata refund computed on the number of hours completed to the total program hours. Cancellation after completing more than 40% of the program will result in no refund.

6

Termination date: the termination date for refund computation purposes is the last date of actual attendance by the student unless earlier written notice is received. Actual attendance is measured by date of last communication between student and school representative or instructor.

7

Students who cancel their enrollment before having completed full payment for a course, will have their tuition recalculated and their pro-rata refund deducted from the full tuition price.  Student will complete payment of tuition owed after the recalculation, as per the payment schedule.

8

Refunds will be made within 30 days of receipt of Cancellation Notice.

9

Students who cancel their enrollment after paying in full, but are not eligible for a refund, are entitled to retain access to the online courses they paid for as well as receive any applicable course materials.

10

A student can be dismissed, at the discretion of the Director, for insufficient progress, nonpayment of costs, or failure to comply with rules. Students who are dismissed will be
refunded as per the college refund schedule.

11

If the school terminates a program for any reason, and the school is unable to meet its commitments to teach-out students from the program, those who have paid will receive a 100% refund on monies paid to the school.

12

For a student who is on a leave of absence, the termination date is the date the student was scheduled to return from the leave of absence and failed to do so.

Refund Schedule: 8 Week Term

Amount of Coursework Completed by Student Percentage of tuition returned to the student:
After one week  of an 8 week online course 87.5%
After two weeks  of an 8 week online course 75%
After three weeks  of an 8 week online course 62.5%
After four weeks  of an 8 week online course 0%

Refund Calculation Example – 8 Week

$900 Paid in Tuition
Amount of Coursework Completed by Student Percentage of tuition returned to the student Amount of tuition returned to the student
After one week of an 8 week online course 87.5% $787.50
After two weeks  of an 8 week online course 75% $675.00
After three weeks  of an 8 week online course 62.5% $562.50
After four weeks  of an 8 week online course 0% $0.00

Refund Schedule: 12 Week Term

Amount of Coursework Completed by Student Percentage of tuition returned to the student:
After one week of a 12 week online course 92%
After two weeks of a 12 week online course 84%
After three weeks of a 12 week online course 76%
After four weeks of a 12 week online course 68%
After five weeks of a 12 week online course 60%
After six weeks of a 12 week online course 0%

Refund Calculation Example – 12 Week

$900 Paid in Tuition
Amount of Coursework Completed by Student Percentage of tuition returned to the student Amount of tuition returned to the student
After one week of a 12 week online course 92% $828.00
After two weeks  of a 12 week online course 84% $756.00
After three weeks  of a 12 week online course 76% $684.00
After four weeks  of a 12 week online course 68% $612.00
After five weeks  of a 12 week online course 60% $540.00
After six weeks  of a 12 week online course 0% $0.00

Refund Schedule: 15 Week Term

Amount of Coursework Completed by Student Percentage of tuition returned to the student:
After one week of a 15 week online course 94%
After two weeks of a 15 week online course 87%
After three weeks of a 15 week online course 81%
After four weeks of a 15 week online course 73%
After five weeks of a 15 week online course 66.5%
After six weeks of a 15 week online course 60%

Refund Calculation Example – 15 Week

$900 Paid in Tuition
Amount of Coursework Completed by Student Percentage of tuition returned to the student Amount of tuition returned to the student
After one week of a 15 week online course 94% $846.00
After two weeks of a 15 week online course 87% $783.50
After three weeks of a 15 week online course 81% $729.00
After four weeks of a 15 week online course 73% $657.00
After five weeks of a 15 week online course 66.5% $580.50
After six weeks of a 15 week online course 60% $540.00

Sample Enrollment Agreement

Sample Payment Agreement

Payment Agreement Ex
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