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 2012-2013 academic year.
| Fall Semester, 2012 Date of Withdrawal | Amount Refunded | Spring Semester, 2013 Date of Withdrawal |
|---|---|---|
| Prior to Sept. 6 | 100% tuition, room, board | Prior to start of classes Jan. 30 |
| Week 1 Sept. 06 – 12 | 90% tuition, board only* | Jan. 30 – Feb 5 |
| Week 2 Sept. 13 – 19 | 80% tuition, board only | Feb. 6 – 12 |
| Week 3 Sept. 20 – 26 | 70% tuition, board only | Feb. 13 – 19 |
| Week 4 Sept. 27 – Oct. 3 | 60% tuition, board only | Feb. 20 – Feb. 26 |
| Week 5 Oct. 4 – 10 | 50% tuition, board only | Feb. 27 – March 5 |
| Week 6 Oct. 11 – 17 | 40% tuition, board only | March 6 – 12 |
| Week 7 Oct. 18 – 24 | 30% tuition, board only | March 13 – 19 |
| Week 8 Oct. 25 - Oct. 31 | 20% tuition, board only | March 20 – March 26 |
| No refund after October 31, 2012 | No refund after March 26, 2013 |
* 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, 2012 – August 14, 2013).
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 certain circumstances. A brochure describing this plan will be mailed to all families over the summer. Information is also available online at Dewar Tuition Refund Plan. You may contact Dewar Insurance directly by calling 617-774-1555 or sending an e-mail.
1098-T Forms
The College will issue a 1098-T form at the end of each calendar year for the HOPE and Lifetime Learning tax credits.
