Refund Policy
Full-time students who withdraw from William & Mary before the end of the first week of law classes in each semester are eligible for a full refund (less any deposits or advance payments required by the College as evidence of the student's intent to enroll).
Students who withdraw after the first week of classes are eligible for a refund of the tuition and fees according to this schedule:
Between the end of the first and second week of classes | 80% |
Between the end of the second and third week of classes | 70% |
Between the end of the third and fourth week of classes | 60% |
Between the end of the fourth and fifth week of classes | 50% |
Between the end of the fifth and sixth week of classes | 40% |
Students who withdraw after the sixth week of classes are not eligible for a refund.
Return of Title IV
The amount that students with Title IV Federal Aid (Federal PELL, Federal Subsidized and Unsubsidized Stafford, Federal SEOG, Federal Work Study, Federal Perkins, Federal PLUS) who withdraw from school will be calculated in compliance with Federal regulations. A statutory schedule is used to determine the amount of Title IV funds a student has earned as of the date the student withdraws or ceases attendance.
If a student withdraws from college prior to completing 60% of a semester, the Financial Aid Office must recalculate the student's eligibility for all Title IV federal funds. In addition, the same refund guidelines control all other aid funds, with the exception of private or alternative loans. Recalculation is based on a percent of earned aid using the following Federal Return of Title IV funds formula:
Percent of aid earned = the number of days completed up to the withdrawal date, divided by the total days in the semester. (Any break of five days or more is not counted as part of the days in the semester.)
Funds are returned to the appropriate federal program based on the percent of unearned aid using the following formula:
Aid to be returned = (100% minus the percent earned) multiplied by the amount of aid disbursed toward institutional charges.
For more information, please visit the Bursar's Office website.