Refund Policy
- Withdraw during the first 2 weeks 100% tuition refund
- Withdraw during the 3rd week 80% tuition refund
- Withdraw during the 4th week 60% tuition refund
- Withdraw during the 5th week 40% tuition refund
- Withdraw after 5th week no refund
- Withdraw during 1st week 100% tuition refund
- Withdraw during 2nd week 50% tuition refund
- Withdraw after 2nd week no refund
- Business for Creatives (MPS)
- Data Visualization and Communication (MPS)
- Game Design (MPS)
- Product Management (MPS)
- User Experience (UX) Design (MPS)
- Graphic Design (Online MA)
- Withdraw during first 2 weeks 100% tuition refund
- Withdraw after 2nd week no refund
Federal and/or Title IV funds
When a student withdraws or takes a leave of absence, if part of their tuition and fees are paid with Federal and/or Title IV funds, then MICA may be required by Federal guidelines to return all or a portion of those funds. Returning these funds may result in a balance owed to MICA, even if a student's account was paid in full prior to the withdrawal or the leave of absence. Please contact Financial Aid for further details.
- Federal Family Educational Loan Programs (FFELP)
- Federal Perkins Loan Program
- Federal Pell Grant Programs
- Federal Supplemental Educational Opportunity Grant Program (FSEOG)
- Federal Stafford Loan Program
- Federal Direct/PLUS Program
- Yellow Ribbon Program
- Any other Federal Grants or Loans
Students with a credit on their account may be eligible for a refund. You can:
- Request up to $1,000.00 be added to your Flex Account by sending an e-mail to studentaccounts@mica.edu asking for a flex transfer and specifying the amount.
- Request any credit amount be sent back to the lender if the student has a loan. Please contact finaid@mica.edu with the student's name, student ID, and the amount that you want to be sent back to your lender.
- Request a refund check by sending an e-mail to studentaccounts@mica.edu asking for a refund check.
Refund requests will not be processed until all Financial Aid is disbursed, any recent check payments have cleared (30 days) and all tuition payment plans are completed.
Parent PLUS loan refunds are made payable to the borrower unless specified to the student in the PLUS loan application.
Credits resulting from Title IV funds and other Federal funds will be issued at the beginning of the semester, provided that the Student is registered full-time, has a credit balance, and is otherwise eligible to receive a refund.
Please allow 14 days after your request to receive your refund check. Students are required to show a photo ID when picking up a refund check. Checks that have not been picked up within four weeks will be mailed to the student's permanent address provided by the Office of Student Records If a check is not received, a replacement refund check can be requested, but if the check is not present a Financial Service Fee will be assessed to cover the cost of a stop payment. Please allow three weeks after the original check was mailed to report it officially lost. At that time, a stop payment will be requested and a replacement check will be issued. Accounts with pending Financial aid credit will be processed when funds have dispersed.
All refunds, except for accounts with Parent PLUS loans, will be made payable to the student. The student may request in writing that the refund sent to another party. Any outstanding debts to the College will be deducted from the credit balance prior to issuing a refund check.