ROWAN UNIVERSITY POLICY 

Title:  University Refund Policy for Tuition, Fees, Room & Board
Subject:  Bursar                               
Policy No: FIN: 2016:07                                                       
Issuing Authority: President
Responsible Officer: Senior Vice President for Finance and CFO
Adopted: 04/25/2016
Last Revision:  05/20/2026
Last Reviewed:  03/26/2026

I.    PURPOSE

The purpose of this policy is to set forth the proper accounting and control of the University Refund Schedule.

II.   ACCOUNTABILITY

The Office of the Bursar, the Office of the Registrar, and the Office of Residential Learning and University Housing are responsible for managing the refund schedule.

III.  APPLICABILITY

This policy is applicable to all students at Rowan University.

IV.  POLICY

1. The University Bursar is responsible for setting up, testing, and managing the University’s Fee Assessment process, which drives the assessment of all charges on the student account.
2. The proration of fees for both meal plans and room assignments are handled manually by the Director of Housing Administrative Services and Assignments under the Assistant VP for Residential Learning and University Housing.

V.  REFUND SCHEDULE

1. Tuition and Fees
   1. Undergraduate and Graduate (non-medical student)
      
      1. Courses dropped on or before the last day of Drop/Add Registration for that term will be refunded at 100% of tuition and fees for the courses dropped.
      2. No reduction of tuition and fees is granted after the drop/add period.
   2. Medical Students
      1. Medical Students
         1. Rowan-Virtua School of Osteopathic Medicine
            1. Medical Students: Please review the “Policy on Tuition and Fees” 
            2. Physician Assistant Students
         2. Cooper Medical School of Rowan University
            1. Please view the CMSRU “Refund Policy”
         3. Shreiber School of Veterinary Medicine
            1. Students who withdraw at any point prior to the first day of class will receive a 100% tuition refund.  Students who withdraw within the first five weeks of class will receive a 75% tuition refund.  For all remaining semesters, students who withdraw within the first five days of class will receive a 100% tuition refund.  For all remaining semesters, students who withdraw after the first five days of class but within the first five weeks of class will receive a 75% tuition refund.  Students who withdraw after the beginning of the sixth week of class for all semesters will not receive any tuition refund.
2. Room and Board
   1. Refunds for residence halls and other University housing will be calculated immediately following the date of the student's official withdrawal.
   2. Refunds for rooms shall be pro-rated on a nightly basis until the end of the fifth week of the semester, at which point there will be no refund for the remaining weeks of the term.
   3. Board will be refunded at 100% within the first two weeks of the semester, with the exception of any usage incurred for RowanBucks and Dining Dollars. No refunds will be processed for board after the second week of the semester.