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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

           Spring 2008 Refund Schedule

 

Refund for Withdrawal:

DATE                                                              AMOUNT       

January 11, 2008 by 5 p.m.                         100% less $15.00 matriculation fee

January 14-18, 2008 by 5 p.m.                      80% of refundable amount*      

January 19-28, 2008 by 5 p.m.                      70% of refundable amount*

January 29-February 4, 2008 by 5 p.m.        50% of refundable amount*

February 5-11, 2008 by 5 p.m.                      25% of refundable amount*

After 5 p.m. on February 11, 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 January 11, 2008 by 5 p.m.  ………………………………   100% of course amount

January 14-30, 2008 by 5 p.m.  …………………………..……….   100% of course amount

After January 30, 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  If you have dropped hours or withdrawn from the University, the term balance may not reflect the necessary adjustments.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, the card must be activated and a preferred method to receive the refunds selected.  Students have a choice of three options: 

·         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 allow 10 business days for drop and withdrawal adjustments.  Please contact the Bursar’s office 940-898-3570 after the waiting period to request your refund.