Tuition Adjustment Examples
Adding or dropping any classes after registration necessitates a tuition adjustment. That adjustment may be in the form of a charge or a refund or both, as shown in the following examples.
Example 1
A student registers for 16 credit hours and drops three during the first five days.
TUITION ADJUSTMENT
Because the tuition rate is the same for 12 to 16 credit hours—the “bracketed tuition rate”—there is no adjustment to the amount of tuition charged.
Example 2
A student registers for 13 credit hours and drops three during the first five days.
TUITION REFUND
There is a 100% tuition refund on the difference between the tuition charged for 10 credit hours and the bracketed tuition rate. The refund is calculated as follows:
Tuition charged for 12 to 16 credit hours (bracketed tuition)
|
$10,633
|
Tuition charged for 10 credit hours ($886 per credit hour)
|
-8,860 |
TOTAL TUITION REFUNDED
|
$1,773 |
Example 3
A student registers for 15 credit hours and drops all classes during the fourth week.
TUITION ADJUSTMENT
A 50% refund is due on the bracketed tuition and is calculated as follows:
Tuition charged for 12 to 16 credit hours (bracketed tuition)
|
$10,633 |
50% tuition refund for withdrawing during fourth week of classes
|
__x 0.5
|
TOTAL TUITION REFUNDED
|
$5,316.00 |
Because these changes were made after the fifth day of the quarter, a change-of-registration fee of $30 per change is also applied to the student’s account.
Example 4
A student registers for 14 credit hours. On the 10th day of the quarter, the student drops a one credit class and a two credit class and adds a one credit class and a three credit class. The student is now registered for 15 credits.
TUITION ADJUSTMENT
The added one-hour class “washes” with the dropped one-hour class and no adjustment is made. Then the three-hour class is added and a tuition charge of $709 is calculated (going from 14 credits to 17 credits puts the student outside of “bracket” tuition). Next, the two-hour drop is processed. The difference between the tuition before and after the drop is $709 This is multiplied by 75 percent to give a credit of $531.75. The difference between the $709 charge for adding the 3 credit class and the $531.75 refund for dropping the two-hour class results in a net tuition charge of $177.25.
Tuition charged for 14 credits (bracketed tuition)
|
$10,633 |
|
|
Tuition for 17 credits (going from 14 to 17)
|
11,342 |
|
|
Tuition charged for adding 3 credits
|
|
|
709.00 |
Tuition for 15 credits (going from 17 to 15)
|
-10,633 |
|
|
Net difference for dropping class
|
|
709.00 |
|
75% refund for dropping during 2nd week
|
x .75
|
|
|
Refund for dropping the two-credit
|
|
531.75
|
- 531.75
|
NET TUITION CHARGED
|
|
|
$177.25 |
Because these changes were made after the fifth day of the quarter, a change-of-registration fee of $30 per change is also applied to the student’s account.
Example 5
A student registers for 10 credit hours, drops two credit hours on the sixth day of classes, and adds three on the 10th day.
TUITION ADJUSTMENTS
Because the student did not make these changes on the same day, each change is processed separately, and the dropped credit hours cannot cancel out any of the added credit hours. Therefore, the student’s tuition must be adjusted as follows:
Tuition charged for 10 credit hours ($886 per credit hour)
|
|
$8,860.00
|
Tuition refunded at 75% for 2 credit hours dropped during second week of classes ($886 x 2 credit hours x 0.75)
|
|
-1,329.00 |
TOTAL ADJUSTED TUITION CHARGED
|
|
$7,531.00 |
When the student adds 3 credit on 10th day, the tuition is completely recalculated. |
First, tuition is calculated for 13 credits
|
$10,633 |
$10,633.00 |
Next, tuition for 11 credits is calculated (11 x $886)
|
9,746 |
|
The difference between 13 hours and 11 hours of tuition
|
886 |
|
The difference is multiplied by 0.75
|
X0.75
|
-664.50 |
TOTAL TUITION CHARGE FOR THIS STUDENT
|
|
$9,968.50 |
NET TUITION ADJUSTMENT FOR THIS TRANSACTION ($9,968.50 less $7,531.00 previous charged)
|
|
$2,437.50 |
Also, because these changes were made after the fifth day of the quarter, a change-of-registration fee of $30 per change ($60 total) is applied to the student’s account.
Example 6
A student registers for 18 credit hours and drops 7 credit hours during the 50 percent period. After the last day to add a class, the student petitions to add 7 credit hours. The petition is approved.
TUITION ADJUSTMENTS
The student did not make these changes during registration, in a single day, or within the same refund period. Therefore, the changes are processed separately, and the dropped credit hours cannot cancel out the added credit hours. The student will be refunded 50% for the classes dropped, and when the petition is approved, the tuition will be completely recalculated, with the added classes included before the drop is recalculated. The student's tuition must be adjusted as follows:
Calculation of Original Tuition Charged:
|
|
|
Tuition charged for 12-16 credit hours (bracketed tuition)
|
$10,633.00 |
|
Tuition charged for two credits in excess of 16 ($709 x 2)
|
+1,418.00 |
|
TOTAL TUITION ORIGINALLY CHARGED
|
|
$12,051.00 |
Calculation of Tuition Refunded for Dropping Seven Credit Hours:
|
|
|
Tuition for 18 credit hours
|
12.051.00
|
|
Less the tuition for 11 credit hours (11 x $886)
|
-9,746.00
|
|
Tuition for 18 credits ($12,051) less the tuition for 11 credits ($9,746 [11 x $886]) x .50
|
2,305 |
|
|
x .50
|
|
NET TUITION ADJUSTMENT FOR THIS TRANSACTION
|
|
-1,152.50 |
ADJUSTED TOTAL TUITION CHARGED |
|
$10,898.50 |
Calculation of Tuition Charged for Adding Seven Credit Hours:
|
|
|
Tuition is recalculated from the beginning.
|
|
|
Tuition charged for 12-16 credit hours (bracket tuition)
|
$10,633.00 |
|
Tuition charged for 9 credit in excess of 16 ($709 x 9)
|
+6,381.00 |
|
Tuition for all 25 credits
|
$17,014.00 |
|
Difference in tuition between 25 credits and 18 credits, at 50%
($17,014 - 12,051 = $4,963) |
-2,481.50 |
|
ADJUSTED TOTAL TUITION CHARGED
|
|
14,532.50 |
|
|
|
NET TUITION ADJUSTMENT FOR THIS TRANSACTION
($13,975 LESS $10,480.00 PREVIOUSLY CHARGED)
|
|
+$3,634.00 |
Because these changes were made after the fifth day of the quarter, the student is charged a change-of-registration fee of $30 per change ($60 total).