The fall semester bill is due August 1 and the spring semester bill is due January 7.
*Additional charges may be incurred for off-campus study programs.
**Detailed parking fines are located on the Safety & Security page of The Globe.
NOTE: If damages occur to any rooms during the four years, the student will be responsible for any costs of repairs.
In addition to the standard charges listed above, students incur expenses for textbooks, travel, and incidentals. Most students require $1,600-$2,000 per year for these personal expenses.
No refunds of fees are made in the case of suspension or dismissal.
If a student receives financial aid, tuition refunds will be calculated based on the Student Status Determination (below), the Withdrawal Date (below), the Wells College Tuition Refund schedule (below), and the Federal Title IV Financial Aid refund calculation (below).
A student's status (full-time, part-time, or less than part-time) will be determined at the end of the drop period. A student cannot change her or his status after this date. After the drop deadline a student can withdraw from a course(s) through the 8th week, but the student will retain the course(s) on her or his academic record with a grade of a "W".
A student's withdrawal date is 1) the date the student officially notifies the school of withdrawal by completing the Withdrawal Form and Exit Survey and returning it to the Dean of Students Office, or 2) if the student drops out without notifying the school, the last recorded date of class attendance by the student, or 3) if a withdrawal cannot be determined based on the above, the date will be established as the midpoint of the enrollment period.
Students who drop or withdraw from the College are entitled to a refund of tuition in accordance with the following schedule:
The first day of the semester is considered the first day of class sessions, regardless of when a given course actually meets the first time.
Department of Education regulations govern the return of federal financial aid (Title IV funds) for students that withdraw from the College before the end of the semester. Title IV funds include all federal Direct Loans, Perkins Loans, Parent Loans, Federal Pell Grant, Federal SEOG Grants, and Federal TEACH Grants. Federal Work-Study is excluded. A student earns his or her Title IV financial aid based on the period of time he or she remains enrolled. During the first 60% of the enrollment period, a student earns funds in direct proportion to the length of time he or she remains enrolled. A student withdrawing before the 60% point in the semester may have Title IV financial aid reduced. A student who remains enrolled beyond the 60% point earns all aid for the period and has incurred full-tuition liability.
If you did not receive all of the funds that you earned, you may be due a post-withdrawal disbursement. If your post-withdrawal disbursement includes loan funds, the College must get your permission before it can disburse them. You may choose to decline some or all of the loan funds so that you don't incur additional debt. The College may use all or a portion of your post-withdrawal grant disbursements for tuition, fees, and room and board charges. The College needs your permission to use the post-withdrawal grant disbursement for all other school charges. If you do not give your permission, you will be offered the funds, however, it may be in your best interest to allow the College to keep these funds to reduce your debt to the school.
If you receive (or your parent on your behalf) excess Title IV program funds that must be returned, the College must return a portion of the excess equal to the lesser of (1) your institutional charges multiplied by the unearned percentage of your funds or (2) the entire amount of excess funds. When the institution has determined that a portion of aid is unearned, the unearned aid to be returned is processed in the following order: Unsubsidized Direct Stafford Loan, Subsidized Direct Stafford Loan, Perkins Loan, Federal/Direct PLUS Loans, Federal Pell Grant, Federal SEOG Grant, and Federal TEACH Grant.
The requirements for Title IV program funds when you withdraw are separate from any refund policy that the College may have. Therefore, you may still owe funds to the College to cover unpaid institutional charges. The College may charge you for any Title IV program funds that we are required to return. College scholarships and grants are awarded on the basis of full-time enrollment for the full semester.
Students that withdraw early lose institutionally-funded scholarships and grants. The College reserves the right to consider a proration of institutional funds to assist with billing costs after the semester drop/add period has lapsed. The proration will be similar as that for Title IV funds. Please note that a student who withdraws during the first 10 class days of the enrollment period will not have earned institutional funds and all institutional funds (grants and scholarships) will be returned. The financial aid office and the billing office will be able to inform students of the financial consequences of withdrawing from the College before the semester is completed.
After a student has registered and occupies a room, 50% of the room fee will be charged. In addition a per-diem board charge shall be calculated from the first day of occupancy until the 30th day. After the 30th day no refund of room and board will be granted.
There will be no refund of fees after the first day of classes.
If the student withdraws from the College prior to the first day of classes all tuition, room and board and fees will be refunded and any dispersed financial aid cancelled.
Academic transcripts and diplomas will not be issued for current or former students whose College debts are unpaid.
Members of the graduating class are required to settle all financial commitments before graduation.