|University of Arkansas at Little Rock|
|Policy Name: Tuition and Fees Refunds|
|Policy Number: 303.3|
|Effective Date: February 25, 2010|
This policy provides guidance for the refund of tuition and fees as a result of students withdrawing from UALR or dropping courses at UALR.
Board Policy 530.1, Refund of Fees, establishes a uniform refund policy for all campuses. The policy was necessary in order for the institutions to calculate refunds to comply with methodology required by federal student aid regulations. Federal regulations that govern the administration of financial aid for students have been changed to provide higher education institutions with funds based on student attendance. Due to this change in the method of calculating student financial aid refunds there is no longer a need for a uniform policy for all campuses. Several chancellors have requested that the campuses be permitted to develop individual refund policies. The policy has been reviewed in light of the changes in federal regulations and deemed no longer necessary. Upon motion by Trustee Hunt and second by Trustee Reed, the following resolution was approved:
Be it resolved by the Board of Trustees of the University of Arkansas that Board Policy 530.1 Refund of Fees shall be, and hereby is, deleted.
Any student who officially withdraws or drops a course from the University of Arkansas at Little Rock shall be entitled to a refund of tuition and fees as follows:
Any student who withdraws or drops a course prior to the first day of class will be refunded at 100%.
Note: Programs that have “Board Approved” special refund policies will supersede this policy.
|Sixteen week courses (Fall & Spring)||First through the fifth class day||Sixth through tenth class day|
|Ten to twelve week courses||First through the fifth class day||Sixth through the tenth class day|
|Seven to nine week courses||First through the third class day||Fourth through the seventh class day|
|Five or six week courses||First and second class day||Third through the fifth class day|
Source: University-wide Administrative Memo 550.1, January 27, 1993
Revised: May 6, 1993; February 25, 2010
Approved By: Gina Fielder, Joyce Hail and Tammy Harrison, Feb. 25, 2010
Custodian: Office of Finance and Administration