College Refund Policies

General Policy

Students not receiving Title IV financial aid or state scholarship monies are eligible for refund of current term charges paid as follows:

Date of Withdrawal        Refund
Before add/drop deadline (within first two weeks of term) 100%
During third week of term 75%
During fourth week of term 50%
During fifth week of term 25%
Thereafter  0%

Title IV and state scholarship recipients are subject to different refund/repayment calculations (see below).

Date of Withdrawal from Intensive Courses Refund
Before course starts 100%
After course starts 0%

 

CC-Virginia Policy

Cambridge College operates three terms/year, each term not exceeding 4.5 calendar months. For Virginia-based students, Cambridge College will follow the regulations as stated in the Virginia Administration Code Regulations 8 VAC 40-31-160(M)(6).

Date of Withdrawal                Refund
Before add/drop deadline (within first two weeks of term)
or before course starts
100%
During the first ¼ (25%) of term 50%
After completing ¼ (25%), but less than ½ (50%) of term 25%
After completing ½ (50%), or more of term 0%

Excess Funds

In accordance with federal regulations, excess funds from federal financial aid, over and above current charges, cannot be held without written authorization from the student.