Policy on Refunds
Adjustments of tuition, room, and board charges are made only upon official withdrawal
from the University. Students who attend less than 60% of their semester at IWU will
receive a pro-rata adjustment to their charges for the term of enrollment. The full
semester charge will be assessed to those who withdraw beyond the 60% period of attendance.
No adjustment is made if a student changes from full-time to part-time status after
the start of classes in the fall or spring semesters.
Students who receive Federal assistance or merit-based awards will have that aid prorated
according to a refund policy mandated by the 1998 amendments to the Higher Education
Act of 1965.
When tuition and room adjustments are authorized, they are made according to the following
The total number of calendar days of enrollment prior to withdrawal (up to 60% of
the semester) will be divided by the number of calendar days in a regular semester.
Withdrawal after the 60% point in the semester will mandate 100% of the semester's