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Student Withdrawal & Refund Policy

Student Withdrawals

  • If a student officially withdraws prior to the first day of the semester:
    100% reduction of Student Charge (Tuition & Fee) less a forfeiture of the student deposit
  • If a Student officially withdraws during the first two weeks of the semester:
    50% reduction of Student Charge (Tuition & Fee)
  • If a Student officially withdraws from the beginning of the third week on:
    0% reduction of Student Charge (Tuition & Fee)

Please Note: Failure to attend class does not constitute official withdrawal from the semester. The Student is required to submit the appropriate forms.

Financial Aid Withdrawal & Reduction Policy

Massachusetts College of Art & Design adheres to the Federal policy whereby Student Financial Aid is earned during the semester by the Students' attendance of academic classes.

Should a Student withdraw from the academic semester or cease attending classes, his or her Student Financial Aid is adjusted as follows:

Point of the Semester Percentage Earned Reduction of Financial Aid
10% point of the Semester 10% 90%
20% point of the Semester 20% 80%
30% point of the Semester 30% 70%
40% point of the Semester 40% 60%
50% point of the Semester 50% 50%
60% point of the Semester 100% 0%

Financial Aid Refunds

If your financial aid exceeds your billed expenses at MassArt, you are able to receive a refund for the excess amount.

This amount is refunded to the student.

If the amount of the Parent PLUS Loan exceeds the billed expenses, and the parent borrower requested to receive the refund in their Parent PLUS Loan application, a refund will be mailed to the parent borrower.

Students that receive financial aid refund checks may use this money for any sort of educational expenses such as rent, art supplies, food, etc. Students that want to use their financial aid to buy books and supplies at the bookstore can get bookstore vouchers in $200 increments during the first two weeks of each semester for use in the school store.

The Business Office disburses the refunds, and will notify students via MassArt email when refunds are available.

Important Refund Reminders

  • If you are due a refund, you will generally receive your refund sometime in October for the Fall semester and sometime in early March for the spring semester (as long as the financial aid funds have been received by the College).
  • If you want to ensure that you will receive your refund in a timely manner, make sure that all financial aid paperwork and loan applications are complete, and avoid late registration!
  • Dropping or withdrawing from classes may affect your financial aid, not to mention getting your degree in a timely manner. Please see the FINANCIAL AID WITHDRAWAL & REDUCTION POLICY above.

Please be financially prepared!