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The Parker University Refund Policy exists for calculating the refund of institutional charges. Students who officially withdraw from the college by the deadline to add/drop classes, will receive a refund of tuition and fees according to the following schedule:

  • 100% of tuition and any refundable fees will be refunded if withdrawal is made before the third day of class.
  • 75% of tuition and any refundable fees will be refunded if withdrawal is made on or before the last day of the first week of the trimester. 
  • 50% of tuition and any refundable fees will be refunded if withdrawal is made on or before the last day of the second week of the trimester. 
  • 25% of tuition and any refundable fees will be refunded if withdrawal is made on or before the last day of the third week of the trimester.  
No refunds will be made if withdrawal occurs after the third week of the trimester.
 
All refund calculations are based on the current total trimester tuition and fees paid or due. If a student will be withdrawing, then the student should visit the Financial Aid Office and complete the "Student Withdrawal Form" to begin the withdrawal process. This procedure will enable Parker University to refund the maximum possible institutional charges.
 

For students who receive financial aid and who withdraw or are dismissed from Parker University after the first day of registration, the refund shall be calculated as required by federal law, 20 U.S.C. § 1091b. The method of calculating the amount of the refund is described in the Financial Aid Handbook. The refund shall be disbursed to the agency that provided the student’s financial aid. All aid sources will be repaid before any funds are returned to the student.

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