Withdrawal from the College
A student who withdraws, or is requesting a leave of absence, from Saint Anselm College, must complete a form, which can be obtained from the the Registrar, indicating thereon the official date of withdrawal and the date of the last documented academically-related activity. Before beginning the withdrawal process, financial aid recipients are advised to consult with the Director of Financial Aid regarding refund eligibility and the effect the withdrawal may have on Satisfactory Academic Progress requirements.

Refunds for students who separate from the College, either through official withdrawal procedures or otherwise, will be determined as follows:

Tuition and Institutional Aid
80% Within the first two weeks of the semester
60% Within the third week of the semester
40% Within the fourth week of the semester
20% Within the fifth week of the semester 
0%    Beyond the fifth week 

Housing
75% Within the first four- week period of the semester
50% Within the second four- week period of the semester
25% Within the third four-week period of the semester
0%    Beyond the twelfth week of the semester

Resident Meal Plan
Refunds are computed on a daily basis.
 

Withdrawal from Individual Classes
A student who drops a class during the first two weeks of the semesteras a  result of which there is a channge in  status, e.g. from full-time (4/5 classes) to three-quarter-time (3 classes) or part-time (2 classes), will receive a tuition refund of 80% of the full-time tuition charge. The student will be charged 80% of the per class cost multiplied by the number of classes being taken. Financial aid recipients should be aware that this will have an effect on their financial aid award. When a student withdraws from a class after the initial two-week refund period, there will be no tuition adjustment and the student's enrollment status will not change.

Federal Financial Aid
Saint Anselm College complies with the refund policies contained in the Higher Education Amendments of 1998 under which the college is required to return Title IV funds (Perkins Loans, Supplemental Educational Opportunity Grants, Pell Grants and Guaranteed Student Loans) on a per diem basis when the student withdraws before 60% of the payment period has been completed.

State aid and outside scholarships will be refunded to the appropriate agencies in accordance with their respective policies. Alternative education loans will be returned to the lender on the same percentage basis as Tuition and Institutional Aid. A student with an alternative loan who has an outstanding balance as a result of the refund calculation may be able to retain a greater percentage of the loan than that used in the refund calculation.

EARLY TERMINATION OF HOUSING CONTRACT

In order to contract for College housing, students must be classified as full-time students.  A full-time student is a student taking four or more classes each semester.  Students contract with the College for housing for a period of one academic year (both semesters).  The contract remains in effect for the entire academic year unless one of the following occurs:  graduation, official withdrawal from the College, academic suspension from the College, or mutual consent of the parties to the housing contract.     

Mutual consent of the parties to the housing contract may occur when:

• A student changes his/her status from full-time to part-time (fewer than four classes).

• The student desiring to remain in housing must request permission, in writing, from the Office of Residential Life and Education.  This request may be denied. 
• The student desiring to vacate housing must also request permission, in writing, from the Office of Residential Life and Education before the second Friday of December.  Failure to so notify the Office of Residential Life and Education may result in the student incurring a housing withdrawal fee.

• A student requests, for reasons other than above, an early termination of the housing contract at the end of the first semester.  This request must be made, in writing, to the Office of Residential Life and Education before the second Friday of December.  Failure to so notify the Office of Residential Life and Education may result in the student incurring a housing withdrawal fee.  

• A student requests, for reasons other than above, an early termination of the housing contract during the course of the first or second semester.  This request must be made, in writing, to the Office of Residential Life and Education.   

In any eventuality, a student will not be released from the housing contract until the student has removed all personal possessions and left the premises clean, and a member of Residential Life and Education has completed and signed off on the Room Condition Form pertaining to the student’s room or apartment.  The effective date of release from the contract will be determined by the date of completion of the Room Condition Form.  The student will be charged for the room or apartment from the beginning of the semester up to the effective date of release.  Fees are computed on a pro-rated monthly basis.