Refund Policy

Tuition refunds/credits are made for withdrawal from a course(s) when an official Schedule Adjustment (Drop/Add) Form is filed with the Registrar. Students may withdraw from a course and receive a full refund as per the refund/credit schedule below. The date of withdrawal is certified as the date on which the Schedule Adjustment (Drop/Add) Form is filed with the Registrar (not the date of the last class attended).

Failure to attend class does not constitute withdrawal. Students failing to properly withdraw from a course will not receive a refund. Refunds/credits are issued per the following schedule.        

On-Ground Refund Schedule

Summer 2017

  • 100% refund – May 22-25
  • 75% refund – May 26-28
  • 50% refund – May 29
  • 25% refund – May 30
  • No refund after May 30

Fall 2017

  • 100% refund – August 21-27
  • 75% refund – August 28 – September 3
  • 50% refund – September 4-10
  • 25% refund – September 11-17
  • No refund after after September 17

Spring 2018

  • 100% refund – January 8-14
  • 75% refund – January 15-21
  • 50% refund – January 22-28
  • 25% refund – January 29 – February 4
  • No refund after February 4

Online Refund Schedule

Fall Session I 2017

  • 100% refund – August 21-23
  • 75% refund – August 24-26
  • 50% refund – August 27
  • 25% refund – August 28
  • No refund after after August 28

Fall Session II 2017

  • 100% refund – October 23-25
  • 75% refund – October 26-28
  • 50% refund – October 29
  • 25% refund – October 30
  • No refund after after October 30

Spring Session I 2018

  • 100% refund – January 8-10
  • 75% refund – January 11-13
  • 50% refund – January 14
  • 25% refund – January 15
  • No refund after January 15

Spring Session II 2018

  • 100% refund – March 12-14
  • 75% refund – March 15-17
  • 50% refund – March 18
  • 25% refund – March 19
  • No refund after March 19

For Summer 2018 Refund Schedule, please refer to the Academic Calendar.


Federal Financial Aid Refund Policy

Financial aid students who are considering dropping or withdrawing from one or more classes should be aware that such action could negatively affect their student account resulting in a significant balance owed TKU. For this reason, students are encouraged to visit with the Financial Aid Office prior to schedule changes to determine the consequences of the change. Students receiving financial aid who drop or withdraw from courses for which they are receiving financial aid will be subject to the recapture of the unearned portion of the financial aid. If a student attends beyond the 60% point in any term, the institution will not recapture any Federal Financial Aid funds but institutional aid may be adjusted. TKU returns Federal Financial Aid funds to the programs from which the student received aid during the period of enrollment, in the following order, up to the net amount disbursed from each source:

        1. Unsubsidized Direct Loans
        2. Subsidized Direct Loans
        3. Federal Perkins Loans
        4. Direct Plus Loans
        5. Federal Pell Grants for which are turn of funds is required
        6. Federal Supplemental Educational Opportunity Grants (FSEOG) for which a return of funds is required

Students who drop or withdraw from courses and are subject to the recapture and return of funds will not have funds disbursed to them until the Return to Federal Financial Aid form has been completed. The King’s refund policy and the return of financial aid should not be confused. Students who drop a course may be due a full refund of their tuition. However, dropping the course may also require the student to repay a significant amount of the financial aid funds they have received for the semester (an amount which could easily exceed the refund they are due). Students contemplating a course change should consult The King’s Financial Aid Office (Main Campus) to understand the potential effect the change may have on their financial aid. Additional information about the Return to Federal Financial Aid refund regulations can be obtained from The King’s Financial Aid Office (Main Campus).