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Payments & Processes - Important Info

Important Changes eff. Fall 2008

Fall '08 Academic Calendar

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Tuition & Fees | Housing & Meals | Financial Aid | Refunds | Payment Methods and Process | Registration & Payment | Responsibility, Obligation, and Policy | Frequently Asked Questions

    Fall 2008 Refund Schedule

Refund for Withdrawal from ALL classes:

DATE                                                              AMOUNT      

August 22, 2008 by 5 p.m.                            100% less $15.00 matriculation fee  

August 25-Sept. 1, 2008 by 5 p.m.               80% of refundable amount*      

September 2-8, 2008 by 5 p.m.                    70% of refundable amount*

September 9-15, 2008 by 5 p.m.                  50% of refundable amount*

September 16-22, 2008 by 5 p.m.                25% of refundable amount*

After 5 p.m. on September 22, 2008              0 %


Refund for Dropping a Course(s):

Dropping courses applies to all students who remain enrolled in at least one semester credit hour.

Before August 22, 2008 by 5 p.m.                      100% of course amount

August 25-Sep. 10, 2008 by 5 p.m.                    100% of course amount

After September 10, 2008                                       0%

 *See Tuition and Fee section for refundable and nonrefundable charges.

IMPORTANT:  Dropping credit hours or withdrawing from the semester may affect your financial aid award.  Students receiving financial aid should contact the Financial Aid Office before dropping or withdrawing.  If you have dropped hours or withdrawn from the University, the term balance may not reflect the necessary adjustments.  Please allow 10 business days for adjustments to be processed. 

Refund of Credit Balances

TWU has contracted with HigherOne, a third party vendor to facilitate all student account related refunds for excess financial aid, loans, and

credit balances due for dropped classes or other account adjustments.  New students will receive the TWU/MasterCard dual logo TWUOne

debit card by mail within two weeks of registration.  Upon receipt, students should use the number on the card to login and set up their profile

with HigherOne and select a preferred method to receive their refunds.

Students have a choice of three options for receiving their refunds:

·         TWUOne Easy Refund-same day availability

·         ACH to an existing bank account-one to three business days

·         Paper check-5 or more business days.

Please refer to www.twuone.com for more information

 Revised 03/26/08