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Graduate Withdrawal / Refund / Return of Federal Student Aid Schedule

If it becomes necessary for a student to withdraw from the college, the student begins the process by contacting the head of their department.  It is important to understand all the consequences of withdrawal.  Students receiving federal aid funds will be directed to the Financial Aid Office for Exit Counseling and any required calculations regarding the return of federal student loan funds.

The following refund schedule applies to these semester-based graduate programs:

  • MFA Community Arts

  • MFA Curatorial Practice

  • FA Graphic Design

  • MFA Hoffberger School of Painting

  • MFA Illustration Practive

  • MFA Mount Royal School of Art

  • MFA Photographic & Electronic Media

  • MFA Rinehart School of Sculpture

  • BFA/MA Teaching

  • MA Social Design

  • MAT Teaching

  • Cerfificate in Fine Arts Post-Baccalaureate

  • Certificate in Graphic Design Post-Baccalaureate Certificate

Tuition refunds are based upon the time elapsed between the first day of the semester and the last date of attendance.

  • 100% tuition refund if the student withdraws during the first week of classes

  • 80% tuition refund if the student withdraws during the second week of classes

  • 40% tuition refund if the student withdraws during the third or fourth week of classes

  • No tuition refund if the student withdraws after the fourth week of classes

Fees are not refundable.

The following tuition refund schedule applies to these art education programs:
MA Art Education and MFA Studio Art

Tuition refunds are based upon the number of weeks that have elapsed between the first day of summer residency and the last day of attendance. No tuition refund is available in the fall and spring semesters following summer residency.

  • 100% tuition refund if the student withdraws during the first week of classes

  • 50% tuition refund if the student withdraws during the second week of classes

  • No tuition refund if the student withdraws after the second week of classes

Fees are not refundable.

The following refund schedule applies to this Low-Residency programs:
MPS The Business of Art & Design and MPS Information Visualization

  • Tuition refunds are based upon the number of weeks that have elapsed between the first day of class and the last date of attendance.

  • 100% tuition refund if the student withdraws during the first two weeks of classes

  • 75% tuition refund if the student withdraws during the third and fourth week of classes

  • 50% tuition refund if the student withdraws during the fifth and sixth week of classes

  • 25% tuition refund if the student withdraws during the seventh and eighth week of classes

  • No refund if the student withdraws after the eighth week of classes.

Fees are not refundable.

Return of Federal Student Loan Funds Schedule

Refund of federal student aid is set by federal regulations. Recipients of federal student aid who withdraw within 60% of the start of the term will be required to return all or a portion of the federal student loans according to federal regulations. The federal refund formula requires the Financial Aid Office to determine what portion of federal aid that was received for the term has been " earned" and what portion must be considered "unearned". Up through the 60% point in time, the percentage of aid earned is equal to the percentage of the term completed as of the date of withdrawal. If the withdrawal occurs after the 60% point, the percentage of aid earned is 100%. Differences between federal aid received and federal aid earned is the unearned aid and is the amount that must be returned to the federal government. Refunds will be distributed among the Federal Unsubsidized Stafford loans and Federal Graduate PLUS Loan. The required calculation of the return of these funds may result in the student owing a balance to MICA and/or the federal government.

The Financial Aid staff is available to meet with the student to review these federal regulations regarding the return of federal aid funds and the consequences.