Refunds
Full Term
When a student withdraws from any full term course or courses by filing a written formal withdrawal notice with the Registration Office, refunds will be granted for Tuition/Housing ONLY as follows:
(Fees are non-refundable*)
|
DUE MOLLOY |
REFUND |
| Before the beginning of the semester |
0% |
100% |
| Within the first week |
0% |
100% |
| Within the second week |
25% |
75% |
| Within the third week |
50% |
50% |
| After the third week |
100% |
No Refund |
*Fees are non-refundable beginning on the start date of the semester or term as noted in the Academic Calendar.
**Housing Refunds, if approved, will be determined using the move-in and move-out dates.
Unofficial withdrawals will be calculated using the last date of attendance as reported by the professors.
The above refund policy is based on 100% payment. If a student on the Deferred Payment plan withdraws owing a partial payment, the student is responsible for the balance due up to the time of withdrawal. Unofficial withdrawals will be calculated using the last date of attendance as stated above.
Special fees are not refundable. The effective date of withdrawal for refund, if any, will be the date when formal written notice is filed with the Registrar's Office or, in the case of withdrawal by mail, the official postmarked date of the correspondence.
The University reserves the right to change the requirements, tuition and fees whenever the proper authorities deem such changes necessary. Special fees may be announced for special courses as need arises. Transcripts, degrees and related documents will be withheld until all financial obligations are settled. Student declaration of bankruptcy may not be a condition which releases these documents.
Students are liable for all costs in the collection of delinquent accounts and all applicable late fees.
NOTE: Deadlines for specific semesters are listed in the Registration Guides. Also, information regarding tuition and payments is available on the Molloy website at: www.molloy.edu/about-molloy-college/offices-and-services/bursar.
Tuition Refund Policy
SUBTERMS:
| For 7-week Subterm |
DUE MOLLOY |
REFUND |
| Before the beginning of subterm |
0% |
100% |
| Within the first week |
0% |
100% |
| Within the second week |
50% |
50% |
| After the second week |
100% |
No Refund |
Other Subterms
| (Shorter than 7 weeks) |
DUE MOLLOY |
REFUND |
| Before the beginning of subterm |
0% |
100% |
| Within the first week |
0% |
100% |
| After the first week |
100% |
No Refund |
Please Note: All online classes start on the begin date of the class.
Credit Balances
Molloy University has partnered with BankMobile to process student refunds, when credit balances exist. Students are directed to log into the following website: http://www.refundselection.com and select to have refunds electronically deposited to an existing bank account or to open a BankMobile VIBE account.