Refunds and Withdrawals

Refunds

Students will receive a refund if their total amount of funding (including all financial aid and payments) exceeds their bill. Refunds can be used for education-related expenses, including textbooks, supplies, and off-campus housing and food costs.

Timing

Our office begins processing refunds ten days prior to the start of each semester after funds have been received. Students can confirm whether a refund has been processed by checking their Account Activity in MaineStreet.

Receiving a refund

By default, refund checks are mailed to the student’s mailing address as listed in MaineStreet, which may be a dorm address. Refund checks are sent out twice a week. We recommend setting up Direct Deposit in order to receive refunds directly to a bank account. Direct Deposit refunds are sent out daily and typically arrive within 24-48 hours, depending on your bank’s rules.

Dropped Courses

Please contact your Dean’s Office to initiate the withdrawal process. Your academic department will notify our office to adjust your financial aid and bill accordingly. This process can take up to 30 days from the date your department was notified, and you can monitor changes in your MaineStreet account.

Before the Deadline

Prior to the course drop deadline, financial aid and your bill will be adjusted if you drop a course. While your bill will typically change right away, it may take about a week for your aid to change, which you can monitor under Account Activity in MaineStreet. Drop deadlines vary for non-standard length courses, including summer courses and travel study courses.

After the Deadline

After the course’s drop deadline, there will be no adjustment to your bill or financial aid if you drop the course. Over time, dropping multiple courses may impact your ability to meet Satisfactory Academic Progress (SAP).

Policies

  • Student charges will be adjusted for voluntary withdrawals from the university and for drops or withdrawals from individual classes in accordance with the schedule and provisions set forth below. For refunding purposes, the following definitions apply:
  • “Standard” full semester classes are classes which are scheduled to start during the first week of a semester and meet through the end of that semester.
  • “Non-standard” classes are classes whose starting and ending dates do not coincide with the starting and ending dates of the Fall or Spring semester, including all Summer University classes.
  • Dropping classes is a reduction in a student’s class load during the Drop period while remaining enrolled in other classes at any of the University of Maine campuses. The “Drop” period is the time frame a student may drop classes from their schedule without academic or financial penalties.
  • A “Withdrawal from the University,” either temporary or permanent, involves the student withdrawing from all classes at all University of Maine System campuses for which the student is registered as well as notifying appropriate administrative officials of the student’s decision to leave.
  • Students who cease attendance, in any or all of their classes, without providing official notification are not entitled to a refund. If a student ceases attendance for emergency reasons, the University will accept a written appeal. Normally, appeals will be considered up to 90 days after the close of the term for which the student is requesting a financial adjustment.

Withdrawals

federal financial aid (return of title iv funds)

When a student withdraws, University policies and federal requirements may result in charges and financial aid being reduced. If a student withdraws on or before the 60% point of the enrollment period, the federal refund calculation is performed. These student refund calculations follow a specific percentage of adjustment based on the date of withdrawal and may require a return of financial aid to the financial aid accounts. Funds returned as a result of a refund or overpayment are returned to the federal Title IV accounts in an order prescribed by law and regulations. Refund calculations take into account all federal financial aid received, and these calculations may result in the student owing a University balance. The calculation is generally based upon the percentage of the enrollment period which the student has completed.
The day the student officially withdraws is determined to be the withdrawal date. If the student ceases attendance without providing official notification of withdrawal to the institution, the mid-point of the payment period will be the withdrawal date for the purpose of returning federal Title IV funds.

How to Withdraw

If you withdraw from the university, you will need to contact your Dean’s office to let them know your intentions. After you speak with your Dean’s office and notify them of your intent to withdraw, the Office of Student Financial Services will perform necessary financial aid and billing adjustments within 30 days, which can be reviewed in MaineStreet. If you have specific questions about the impact of withdrawing to your financial aid, please first consult with your Dean’s office who will connect you with a member of our staff to further assist with your questions.

Policy for Reimbursement to Title IV Accounts for Students Who Withdraw (Return of Title IV Funds)

When a student receiving Title IV student financial aid withdraws from all courses, the aid must be adjusted in accordance with rules established by the U.S. Department of Education. These calculations may result in the student owing a University balance.

Return of Title IV Funds / Institutional Refunds

When a student withdraws, University policies and federal requirements may result in charges and financial aid being reduced. If a student withdraws on or before the 60% point of the enrollment period, the federal refund calculation is performed. These student refund calculations follow a specific percentage of adjustment based on the date of withdrawal and may require a return of financial aid to the financial aid accounts. Refund calculations take into account all federal financial aid received. The calculation is generally based upon the percentage of the enrollment period which the student has completed.

The day the student officially withdraws is determined to be the withdrawal date. If the student ceases attendance without providing official notification of withdrawal to the institution, the mid-point of the payment period will be the withdrawal date for the purpose of returning Title IV funds.

Return of Funds

Funds returned as a result of a refund or overpayment are returned to the Title IV accounts in an order prescribed by law and regulations.

Tuition and Fees Schedule For Withdrawals from the University

“Standard” Full Semester classes and “Non-Standard” classes of 12 weeks or more:

Withdrawal DatePercent of Refund
Prior to the end of the second week100%
Prior to the end of the fourth week75%
Prior to the end of the sixth week50%
Prior to the end of the eighth week25%
After the eighth week0%

“Non-Standard” short classes – classes of less than 12 weeks in length:

Withdrawal DatePercent of Refund
Withdrawal on or before the number of days equal to the number of weeks a class is scheduled. For example, for a six week course, a refund will be granted through the sixth day.100%
After the number of days equal to the number of weeks a class is scheduled. 0%

Determination of Attendance

For “standard” full semester classes, the attendance period begins on the opening day of scheduled university classes, includes weekends and holidays, and ends on the date the student notifies the Associate Dean’s Office of their college in writing that the student is withdrawing.
For “Non-standard” classes, including all Summer University classes, the attendance period begins on the start date of the class as specified on the class schedule of classes, includes weekends and holidays, and ends on the date the student notifies the Associate Dean’s Office of their college in writing that the student is withdrawing.
The official start date of a class can be found on the student’s MaineStreet Student Center under My Class Schedule.

room and board Schedule

Room Schedule:

Withdrawal DatePercent of Refund
Prior to the end of the second week100%
Prior to the end of the fourth week75%
Prior to the end of the sixth week50%
Prior to the end of the eighth week25%
After the eight week0%

Board Schedule:

Withdrawal DatePercent of Refund
Students who withdraw from the university or cancel their Room and Board contract prior to the end of the semester will be refunded for the unused portion of their meal plan on a prorated basis. Students must notify the Housing Services office to qualify for the refund.Prorated

For additional Housing information please visit UMaine Housing Services.

refunds

Students will receive a refund if their total amount of funding (including all financial aid and payments) exceeds their bill. Refunds can be used for education-related expenses, including textbooks, supplies, and off-campus housing and food costs.

Timing

Our office begins processing refunds ten days prior to the start of each semester after funds have been received.

Students can confirm whether a refund has been processed by checking their Account Activity in MaineStreet.

Button

Receiving a Refund

By default, refund checks are mailed to the student’s mailing address as listed in MaineStreet, which may be a dorm address. Refund checks are sent out twice a week.

We recommend setting up Direct Deposit in order to receive refunds directly to a bank account. Direct Deposit refunds are sent out daily and typically arrive within 24-48 hours, depending on your bank’s rules.

set up direct deposit UPDATE Mailing address

dropping a course

Button

before the drop deadline

Prior to the course drop deadline, financial aid and your bill will be adjusted if you drop a course. While your bill will typically change right away, it may take about a week for your aid to change, which you can monitor under Account Activity in MaineStreet. Drop deadlines vary for non-standard length courses, including summer courses and travel study courses.

umaine academic calendar

after the drop deadline

After the course’s drop deadline, there will be no adjustment to your bill or financial aid if you drop the course. Over time, dropping multiple courses may impact your ability to meet Satisfactory Academic Progress (SAP).

More information on sap

drop/withdrawal policies

  • Student charges will be adjusted for voluntary withdrawals from the university and for drops or withdrawals from individual classes in accordance with the schedule and provisions set forth below. For refunding purposes, the following definitions apply:
  • “Standard” full semester classes are classes which are scheduled to start during the first week of a semester and meet through the end of that semester.
  • “Non-standard” classes are classes whose starting and ending dates do not coincide with the starting and ending dates of the Fall or Spring semester, including all Summer University classes.
  • Dropping classes is a reduction in a student’s class load during the Drop period while remaining enrolled in other classes at any of the University of Maine campuses. The “Drop” period is the time frame a student may drop classes from their schedule without academic or financial penalties.
  • A “Withdrawal from the University,” either temporary or permanent, involves the student withdrawing from all classes at all University of Maine System campuses for which the student is registered as well as notifying appropriate administrative officials of the student’s decision to leave.
  • Students who cease attendance, in any or all of their classes, without providing official notification are not entitled to a refund. If a student ceases attendance for emergency reasons, the University will accept a written appeal. Normally, appeals will be considered up to 90 days after the close of the term for which the student is requesting a financial adjustment.

Withdrawing from all courses

Please contact your Dean’s Office to initiate the withdrawal process. Your academic department will notify our office to adjust your financial aid and bill accordingly. This process can take up to 30 days from the date your department was notified, and you can monitor changes in your MaineStreet account.

Withdrawal policies

federal financial aid (return of title iv funds)

When a student withdraws, University policies and federal requirements may result in charges and financial aid being reduced. If a student withdraws on or before the 60% point of the enrollment period, the federal refund calculation is performed. These student refund calculations follow a specific percentage of adjustment based on the date of withdrawal and may require a return of financial aid to the financial aid accounts. Funds returned as a result of a refund or overpayment are returned to the federal Title IV accounts in an order prescribed by law and regulations. Refund calculations take into account all federal financial aid received, and these calculations may result in the student owing a University balance. The calculation is generally based upon the percentage of the enrollment period which the student has completed.
The day the student officially withdraws is determined to be the withdrawal date. If the student ceases attendance without providing official notification of withdrawal to the institution, the mid-point of the payment period will be the withdrawal date for the purpose of returning federal Title IV funds.

Tuition and Fees Schedule For Withdrawals from the University

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Determination of Attendance

For “standard” full semester classes, the attendance period begins on the opening day of scheduled university classes, includes weekends and holidays, and ends on the date the student notifies the Associate Dean’s Office of their college in writing that the student is withdrawing.
For “Non-standard” classes, including all Summer University classes, the attendance period begins on the start date of the class as specified on the class schedule of classes, includes weekends and holidays, and ends on the date the student notifies the Associate Dean’s Office of their college in writing that the student is withdrawing.
The official start date of a class can be found on the student’s MaineStreet Student Center under My Class Schedule.

room and board Schedule

[insert tables]

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