Refunds

Davidson's policy is to refund 100 percent of a student's tuition and activity fee if a student withdraws by the tenth day of classes.

Otherwise, the college does not refund tuition or activity fee. Fees for meals and housing are refunded on a pro-rata basis based on the date of withdrawal.  Tuition refund insurance is available for purchase each July and covers the academic year.

Credit Balances

A student may receive a distribution of a credit balance from his/her account once per semester. After the conclusion of the late add/drop period, students may request a refund via Banner Self-Service. Refunds will be direct deposited on Fridays, provided that the online request was received by 5 p.m. the previous Friday. Refunds for Federal Title IV recipients are made in accordance with the refund policy specified by the U. S. Department of Education.

Return of Title IV Funds

Withdrawing from the College during a payment period may have an impact on the amount a student either receives from or owes to the tuition account.  For information about potential financial aid changes due to a mid-term withdrawal, please visit the Financial Aid Office’s web page on Return of Title IV Funds.