Summer 2012 Refund Deadlines

Session: Classes Begin: Last Day for 100% Refund: Last Day for 90% Refund: Last Day for 50% Refund: Last Day for 25% Refund:
First 5-Week Session May 21, 2012 May 22, 2012 May 24, 2012 May 29, 2012 June 7, 2012
Second 5-Week Session June 25, 2012 June 26, 2012 June 28, 2012 July 3, 2012 July 12, 2012
Counseling 7-Week Session June 4, 2012 June 5, 2012 June 8, 2012 June 18, 2012 June 28, 2012
MBA First 6-Week Session May 14, 2012 May 15, 2012 May 18, 2012 May 24, 2012 June 4, 2012
MBA Second 6-Week Session June 25, 2012 June 26, 2012 June 29, 2012 July 6, 2012 July 16, 2012
LIM 11-Week Session May 28, 2012 May 30, 2012 June 4, 2012 June 15, 2012 July 6, 2012
Bridge Session June 25, 2012 June 26, 2012 June 28, 2012 July 3, 2012 July 12, 2012
8-Week Session May 21, 2012 May 22, 2012 May 29, 2012 June 4, 2012 June 18, 2012
10-Week Session May 21, 2012 May 22, 2012 May 29, 2012 June 7, 2012 June 25, 2012
1st 6-Week Nursing Online Session May 14, 2012 May 15, 2012 May 18, 2012 May 24, 2012 June 4, 2012
2nd 6-Week Nursing Online Session June 25, 2012 June 26, 2012 June 29, 2012 July 6, 2012 July 16, 2012
8-Week Online DNP June 18, 2012 June 19, 2012 June 25, 2012 July 2, 2012 July 16, 2012
Law May 30, 2012 May 31, 2012 June 4, 2012 June 13, 2012 June 27, 2012

Refund Policy

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://www.loyno.edu/records/academic.calendar/.

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:

  1. If formal notice is received within two weeks after the beginning of the semester, a refund of 100 percent of tuition is made.
  2. If formal notice is received within five weeks after the beginning of the semester, a refund of 50 percent of tuition is made.
  3. If formal notice is received within nine weeks after the beginning of the semester, a refund of 25 percent of tuition is made.
  4. No refunds are allowed after the ninth week of classes.

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.