5.12 Refunds, Withdrawals and Waivers - History

08/15/07 - Part 2, Subpart B, is amended by deleting “may” after “universities” and inserting “shall”; on line 34 after “fee” inserting “for internal payment plans” (see July 20, 2005 Board Meeting minutes).

08/15/06 - Part 2, Subpart A, is amended by deleting “may” after “universities” and inserting “shall”.
Part 2, Subpart B, is amended by inserting after “date” the phrase “provided the minimum first payment amount is paid as defined in procedure 5.12.5” (see July 20, 2005 Board Meeting minutes).

07/20/05 - Changed the title to include Tuition and Fee Due Dates. Amended Part 2, Added Subpart A to allow presidents to grand tuition and fee deferrals in certain circumstances. Added Subpart B requiring colleges and universities to provide payment plans permitting students to pay tuition and fees. Amended Subpart C obligating students financially for classes dropped after the fifth business day of the term. Amended Subpart D changing “class day” to “business day” and defines schedule for refunds for withdrawals. Amended Part 3 requiring colleges and universities to maintain records on drops, nonattendance and waivers (effective 8/15/05)
Amended Part 2, Subpart A requiring colleges and universities to drop classes for students who have not paid in full, Amended Part 2 Subpart B requiring students to pay the minimum first payment amount for the plan to avoid drop for nonpayment requirements (effective 8/15/06)
Amended Part 2, Subpart B requiring colleges and universities to assess a payment plan fee for internal payment plans to cover the costs of processing payments (effective 8/15/07)