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.

Credit Balances

A student generally may receive a distribution of a credit balance from his/her account only once during each semester. After the conclusion of the late add/drop period, students may request a refund via Banner Self-Service. Refunds will be issued on Fridays, provided that the online request is 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.