Federal regulations require that all educational institutions disclose their refund policy to all prospective students. In accordance with that regulation, below is the Williams College Refund Policy for the 2014-2015 academic year.
|Fall Semester, 2014 Date of Withdrawal||Amount Refunded||Spring Semester, 2015
Date of Withdrawal
|Prior to start of classes Sep. 4||100% tuition, room, board||Prior to start of classes Feb. 4|
|Week 1: Sep. 4 – 10||90% tuition, board only*||Feb. 4 – 10|
|Week 2: Sep. 11 – 17||80% tuition, board only||Feb. 11 – 17|
|Week 3: Sep. 18 – 24||70% tuition, board only||Feb. 18 – 24|
|Week 4: Sep. 25 – Oct. 1||60% tuition, board only||Feb. 25 – Mar. 3|
|Week 5: Oct. 2 – 8||50% tuition, board only||Mar. 4 – 10|
|Week 6: Oct. 9 – 15||40% tuition, board only||Mar. 11 – 17|
|Week 7: Oct. 16 – 22||30% tuition, board only||Mar. 18 – 24|
|Week 8: Oct. 23 - 29||20% tuition, board only||Mar. 25 – 31|
|No refund after October 29, 2014||No refund after March 31, 2015|
* Housing and miscellaneous fees are not pro-rated after the start of classes. Coverage under the College’s student health insurance plan will continue for the length of the plan (August 15, 2014 – August 14, 2015).
For students receiving Title IV federal funds, repayment of federal funds on a pro-rata basis will be determined up to the 60% point of the semester per federal regulation. Please note that withdrawal late in the semester could result in a balance owed to the college for federal aid that must be returned to the program.
Repayment is first made to federal programs in the following order: Unsubsidized Federal Direct Stafford Loan, Subsidized Federal Direct Stafford Loan, Federal Perkins Load, Federal Direct PLUS Loan, Federal Pell Grant, Federal SEOG, Federal ACG, National Smart, Federal SSIG, Robert Byrd Scholarship. Any remaining credit balance reimburses other sources in the following order: Williams scholarship, other scholarships, other parent loan programs and family. Specific examples are available on request.
TUITION REFUND PLAN FROM A.W.G. DEWAR, INC.
The College offers a Tuition Refund Plan through A.W.G. Dewar, Inc. that supplements the Williams College Refund Policy in cases of withdrawal due to medical reasons. TRP subscribers may file a claim for a refund throughout the term, even if the College’s refund policy has expired at the time of the student’s withdrawal. All medical withdrawals are insured equally at 80% of the tuition charges for the semester that are not covered by the college’s refund policy. Please note that only tuition charges – not room, board, or fees – are covered by the Plan.
A brochure describing this plan will be mailed to all families over the summer. Information is also available online at Dewar Tuition Refund Plan. We strongly encourage families to read the TRP brochure carefully and assess the Plan’s suitability for your family’s situation. You may contact Dewar Insurance directly by calling 617-774-1555 or sending an e-mail.