Common use of Sample Refund Calculation Clause in Contracts

Sample Refund Calculation. If a student registered in one module (3 credit hours) sends a withdrawal request during the second week of the module, the student will receive a refund of 40% of the tuition and the technology Fee: Refund Percentage: 40% Tuition Charge: $181.81 x 3 credit hours = $545.43 Technology Fee Charge per year: $250 Technology Fee divided by number of credit hours per year: Assuming 33 credit hours per year for this sample calculation, the total Technology Fee for 1 credit hours is $7.57: $7.57 x 3 credit hours = $22.71 Total tuition and fees paid: $568.14 Refund: ($545.43+22.71) x 40% = $227.256 7- Enrollment Modes of Study The student must complete:

Sample Refund Calculation. If a student registered in one module (3 credit hours) sends a withdrawal request during the second week of the module, the student will receive a refund of 40% of the tuition and the technology Fee: Refund Percentage: 40% Tuition Charge: $181.81 x 3 credit hours = $545.43 Technology Fee Charge per year: $250 Technology Fee divided by number of credit hours per year: Assuming 33 credit hours per year for this sample calculation, the total Technology Fee for 1 credit hours is $7.57: $7.57 x 3 credit hours = $22.71 Total tuition and fees paid: $568.14 Refund: ($545.43+22.71) x 40% = $227.256 7- Enrollment 227.25 REVISED 07/08/2024 23.Enrollment Modes of Study The student must complete:

Sample Refund Calculation. If a student registered in one module (3 credit hours) sends a withdrawal request during the second week of the module, the student will receive a refund of 40% of the tuition and the technology Fee: Refund Percentage: 40% Tuition Charge: $181.81 x 3 credit hours = $545.43 Technology Fee Charge per year: $250 Technology Fee divided by number of credit hours per year: Assuming 33 credit hours per year for this sample calculation, the total Technology Fee for 1 credit hours is $7.57: $7.57 x 3 credit hours = $22.71 Total tuition and fees paid: $568.14 Refund: ($545.43+22.71) x 40% = $227.256 227.25 7- Enrollment Modes of Study The student must complete:

Sample Refund Calculation. If a student registered in one module (3 credit hours) sends a withdrawal request during the second week of the module, the student will receive a refund of 40% of the tuition and the technology Fee: Refund Percentage: 40% Tuition Charge: $181.81 x 3 credit hours = $545.43 Technology Fee Charge per year: $250 Technology Fee divided by number of credit hours per year: Assuming 33 credit hours per year for this sample calculation, the total Technology Fee for 1 credit hours is $7.57: $7.57 x 3 credit hours = $22.71 Total tuition and fees paid: $568.14 Refund: ($545.43+22.71) x 40% = $227.256 227.25 REVISED 03/18/2024 7- Enrollment Modes of Study The student must complete: