Refunds for Withdrawal
Pro rata refunds of the basic charges will be made for students who either withdraw voluntarily or upon advice from the College physician during the enrollment period. The enrollment period is either the fall or spring semester. (Refunds of basic charges are not granted to full-time students withdrawing during the January Program.) A similar refund policy is in effect for Colby off-campus programs; however, as starting and ending dates vary, the specific dates are determined by individual programs as they correspond to the relevant percentages of the semester’s duration.
In addition to any applicable Colby refund, the College has partnered with GradGuard to offers an optional tuition refund insurance plan designed to reduce the financial loss caused by a medical withdrawal.
No refund will be made until the withdrawal/leave process established by the dean of students is completed. Federal regulations determine the amount and the order in which federal loans and scholarships are to be refunded.