Course Refund

Registration: Financial & Academic Liability

Once registered, students are liable for the full cost of tuition of the courses and fieldwork for which they have registered regardless of non-attendance to the class.  Full liability applies for both students using the deferred payment plan and those paid in full at registration.

Dropping Or Withdrawing From A Course

When students drop or withdraw from courses, tuition refunds are considered according to the date the completed request form is received in the Registrar's Office based on the below refund schedule.

Registration Fees

All registration fees are non-refundable.

Refund Policy Committee

Students wishing to appeal the refund policy must send their request in writing to the Refund Policy Committee (RPC). The Committee will review students’ requests and gather all information from all involved parties. RPC will make a decision and share it with the student.  The decision of the Refund Policy Committee is final. Requests and appeals can be sent to the Committee at registrar@bankstreet.edu. Please be sure to indicate "Refund Policy Committee Request" in the subject line.

Refund Schedules

Per Term

  • Fall/Spring Classes

    For classes that are two, three, four, or six credits:

    • Prior to the 2nd session
      Refund: 100% of Tuition
      Remaining Liability: Registration Fees
    • Prior to the 3rd session
      Refund: 50% of Tuition
      Remaining Liability: 50% of Tuition plus Registration Fees
    • Prior to the 4th Session
      Refund: 25% of Tuition
      Remaining Liability: 75% of Tuition plus Registration Fees
    • After the 4th Session
      No Refund
      Remaining Liability: 100% of Tuition plus Registration Fees

    For one-credit classes:

    • Prior to the 2nd session
      Refund: 100% of Tuition
      Remaining Liability: Registration Fees
    • After the 2nd session
      No Refund
      Remaining Liability: 100% of Tuition plus Registration Fees

    Online & Hybrid Classes:

    • By the last day of the Add/Drop Period:100% of tuition 
    • 1st week AFTER drop/add period: 50% of tuition
    • 2nd Week AFTER drop/add period: 25% of tuition
    • 3rd Week AFTER drop/add period: NO refund

    **Refunds for courses which meet in unusual calendar configurations will be handled individually.

  • Summer Classes

    2 and 3 credit classes that meet for only 8 sessions (ie. M/W or T/Th): 

    • Prior to the 2nd class meeting: 100% of tuition
    • Prior to the 3rdclass meeting: 25% of tuition
    • After the 3rd class meeting: NO REFUND

    2 and 3 credit classes that meet 4 times per week (ie. Monday-Thursday):

    • Prior to the 2nd class meeting: 100% of tuition
    • Prior to the 4th class meeting: 50% of tuition
    • Prior to the 5thclass meeting: 25% of tuition
    • After the 5thclass meeting: NO REFUND

    1 credit classes:

    • Prior to the 2nd class meeting: 100% of tuition
    • After the second class meeting: NO REFUND

    Online Classes:

    • By the 3rd day of the term: 100% of tuition
    • By the last day of the Add/Drop Period: 25% of tuition

More Refund Information

Title IV Recipients and Refunds

If eligible for a refund, the amount is calculated according to the following formula:

The portion of the period completed, divided by the length of the payment period (if greater than 60%, assume 100%), multiplied by Title IV Aid disbursed--including the amount of awarded Title IV Aid that could have been disbursed if the student established eligibility for the funds prior to withdrawing.

Unearned amounts allocable to Title IV, HEA Programs will be returned in the following order:

  • William D. Ford Federal Direct Unsubsidized Loans
  • William D. Ford Federal Direct Subsidized Loans
  • Perkins Loans

Course Cancellation Policy

The College reserves the right to cancel a course for which there is insufficient registration.

Tuition paid and registration fees will be refunded in full to any student who has registered and paid for a course that is subsequently canceled.