Refunds
Credit balances are refunded to students in the form of a check, which is mailed to the student's primary address. Students can choose to have refunds directly deposited to a savings or checking account. Contact the Office of the Bursar for details.
When a student withdraws from any course(s) by filing a written formal withdrawal notice with the Registrar's Office, refunds will be granted for Tuition/Housing ONLY (Fees are non-refundable*) as follows:
|
DUE MOLLOY |
REFUND |
| Before the beginning of the semester |
0% |
100% |
| Within the first week |
0% |
100% |
| Within the second week |
25% |
75% |
| Within the third week |
50% |
50% |
| After the third week |
100% |
No Refund |
*Fees are non-refundable beginning on the start date of the semester or term, as noted in the Academic Calendar.
The date the withdrawal is recorded will be used to determine refunds.
The above refund policy is based on 100% payment. If a student on the Deferred Payment plan withdraws owing a partial payment, the student is responsible for the balance due, up to the time of withdrawal.
Special fees are not refundable. The effective date of withdrawal for refund, if any, will be determined by the date the withdrawal is recorded.
The College reserves the right to change the requirements, tuition and fees whenever the proper authorities deem such changes are necessary. Special fees may be announced for special courses as need arises. Transcripts, degrees and related documents will be withheld until all financial obligations are settled. Student declaration of bankruptcy is not a condition which releases these documents.
Students are liable for all fees in the collection of delinquent accounts and all applicable late fees.
NOTE: Deadlines for specific semesters are listed in the Registration Guides. Also, information regarding tuition and payment is available on the Molloy website at www.molloy.edu/about-molloy-college/offices-and-services/bursar