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 2011-2012 academic year.
| Fall Semester, 2011 Date of Withdrawal |
Amount Refunded | Spring Semester, 2012 Date of Withdrawal |
|---|---|---|
| Prior to Sept. 8 | 100% tuition & all fees | Prior to start of classes Feb. 1 |
| Week 1 Sept. 8 – 14 | 90% tuition, board only* | Feb. 1 – Feb 7 |
| Week 2 Sept. 15 – 21 | 80% tuition, board only | Feb. 8 – 14 |
| Week 3 Sept. 22 – 28 | 70% tuition, board only | Feb. 15 – 21 |
| Week 4 Sept. 29 – Oct. 5 | 60% tuition, board only | Feb. 22 – Feb. 28 |
| Week 5 Oct. 6 – 12 | 50% tuition, board only | Feb. 29 – March 6 |
| Week 6 Oct. 13 – 19 | 40% tuition, board only | March 7 – 13 |
| Week 7 Oct. 20 – 26 | 30% tuition, board only | March 14 – 20 |
| Week 8 Oct. 27 – Nov 2 | 20% tuition, board only | March 21 – March 27 |
| No refund after Nov. 2, 2011 | No refund after March 27, 2012 |
* 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, 2011 – August 14, 2012).
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.
The College offers, through A.W.G. Dewar, Inc., a Tuition Refund Plan that supplements the Williams College Refund Policy in certain circumstances. A brochure describing this plan will be sent under separate cover, or you may contact Dewar, Inc. directly at (617) 774-1555 or online at www.tuitionrefundplan.com.
The College will issue a 1098-T form at the end of each calendar year for the HOPE and Lifetime Learning tax credits.
