| Session: | Classes Begin: | Last Day for 100% Refund: | Last Day for 90% Refund: | Last Day for 50% Refund: | Last Day for 25% Refund: |
| Normal Full Semester | Jan 9, 2012 | Jan 20, 2012 | Not Applicable | Feb 10, 2012 | Mar 16, 2012 |
| Law | Jan 9, 2012 | Jan 20, 2012 | Not Applicable | Feb 10, 2012 | Mar 16, 2012 |
| 1st 8-Week Nontraditional Session | Jan 9, 2012 | Jan 10, 2012 | Jan 17, 2012 | Jan 23, 2012 | Feb 6, 2012 |
| 2nd 8-Week Nontraditional Session | Mar 12, 2012 | Mar 13, 2012 | Mar 19, 2012 | Mar 26, 2012 | Apr 13, 2012 |
| L I M | Jan 17, 2012 | Jan 27, 2012 | Not Applicable | Feb 17, 2012 | Mar 23, 2012 |
| 1st Session Nursing Online | Jan 9, 2012 | Jan 10, 2012 | Jan 13, 2012 | Jan 23, 2012 | Feb 3, 2012 |
| 2nd Session Nursing Online | Mar 12, 2012 | Mar 13, 2012 | Mar 16, 2012 | Mar 26, 2012 | Apr 13, 2012 |
| 1st Session Criminal Justice Online | Jan 9, 2012 | Jan 13, 2012 | Jan 20, 2012 | Jan 27, 2012 | Feb 17, 2012 |
| 2nd Session Criminal Justice Online | Apr 9, 2012 | Apr 13, 2012 | Apr 20, 2012 | Apr 27, 2012 | May 18, 2012 |
The university's refund policy is published in each of the university bulletins: the undergraduate bulletin, the graduate bulletin, and the law bulletin. Specific deadline dates are customarily published in each semester's registration schedule and on the academic calendar available on the web site at http://academicaffairs.loyno.edu/records/academic-calendars/.
Although Loyola's refund policy is based on guidelines set forth by the federal government, an alternate calculation for recipients of federal Title IV financial assistance as required by federal statute is used when the situation warrants. This alternate refund calculation is described in the Refund Policy section of the university bulletin and is initiated by the Office of Financial Aid.
TUITION - Full-time students who withdraw from the university or drop to part-time status or part-time students who drop a course(s) may be entitled to a refund of all or a percentage of their tuition. Students who withdraw must return a completed withdrawal form to the Office of Student Records. The date of receipt of the withdrawal notice by the Office of Student Records will determine the amount of tuition refund. Refunds are a percentage of the tuition payable in the semester in which the student withdraws, not a percentage of the total amount billed. Only tuition is refundable. No refunds are made when a student is suspended or dismissed for academic, disciplinary, or financial reasons. Tuition refunds are made for the normal fall and spring semesters on the following basis:
Since special sessions, short sessions, and summer sessions vary in length, students are encouraged to refer to the academic calendar for those refund deadlines.
Students forced to withdraw for medical reasons are referred to the Office of Student Affairs for special medical withdrawals.
ROOM - Students who withdraw from the university are not entitled to any refund on the costs of their rooms although may receive a prorated credit as determined by the Office of Residential Life.
MEALS - Students who move from the residence halls, withdraw from the university, or obtain an approved medical exemption may receive a refund on the meal plan, prorated to the date of withdrawal. However, no refunds will be granted after the last day for refunds according to the academic calendar (last day for 25 percent refund). These refunds must be approved by the Danna Center and Student Activities Offices.