Tuition Charging/Crediting Examples
Example 1
Ima Muskie was registered for 15 credit hours. Therefore, she was liable for 15 credit hours of tuition. She withdrew (or someone withdrew her) from her classes during the 3rd week of classes. Xavier’s Tuition Credit (Refund) Schedule states that when someone withdraws from classes anytime during the 15th to the 21st calendar day from the start of the semester, they will receive a 60% tuition credit. The flip side of that is Ima Muskie is liable for 40% of the tuition. As a result, 15 credit hours times 40% = 6.00. Ima’s liability is 6 credit hours. The 2019-2020 tuition rate for 1 – 6 credit hours is $740 per credit hour. So, 6 times $740 = $4,440. Her 2019-2020 tuition charge was $20,110. Take $20,110 minus what she’s liable for of $4,440 = $15,670. This is her tuition credit amount. It may or may not equate to an actual return of dollars to Ima Muskie because it depends on things like her current balance and any return of financial aid. In summary, Ima Muskie’s bursar account was originally charged $20,110 for tuition. When the Drop form was processed by the Bursar’s Office as a result of her withdrawing from all of her classes, her bursar account was adjusted by reversing $15,670 of tuition charges leaving her with a net liability for tuition of $4,440.
Example 2
Blue Blob was registered for 15 credit hours. He had to withdraw 33 calendar days into the semester. According to the Tuition Credit (Refund) Schedule, Blue Blob qualified for a 20% tuition credit. If Blue gets a 20% credit, then he is liable for 80% of his tuition based on Liable Billing Hours. Therefore, 15 credit hours times 80% = 12 credit hours for which he is liable. Since a student is considered full time status at 12 credit hours and above and the student was originally charged full time tuition, there would be no adjustment to their bursar account for tuition.