Vermont Technical College will join with Castleton University and Northern Vermont University to become Vermont State University on July 1, 2023. Learn more and apply for fall 2023.
Refund Policy
If a student exits or is dismissed during the first seven calendar days of the semester, the student will be credited 100% of the charges for tuition, applicable fees, and room and board.
After the first seven days and before the end of the 60% point of the semester, students who are exiting will be credited tuition, applicable fees, and room and board on a pro-rata basis. The pro-rata calculation will use the number of calendar days completed divided by the number of total calendar days included for the full semester. After the 60% point of the semester, there is no adjustment for tuition, fees or room. Meal plans will continue to be pro-rated until the end of the semester.
Date of Withdrawal
The date of withdrawal or dismissal is determined by the Registrar’s office. Ceasing attendance of classes does not constitute dropping those classes or withdrawal from the institution. In order to be eligible for a refund or repayment pursuant to the above policy, the student must notify the institution in writing according to the processes outlined on our website. For questions regarding this process, contact the Registrar’s office.
Prorated Tuition, Room, & Board Calculation Due to Withdrawal or Dismissal from the Institution and Residence Halls
The prorated calculation for tuition, room, and board uses the number of calendar days completed from the first day of the semester to the time of withdrawal or dismissal, divided by the number of total calendar days included for the full term. For all students, including online students, the first day of the semester is the date that classes begin, as published in this catalog, regardless of the date of the student’s first class. Even if the number of planned residential days is fewer than the number of academic calendar days, the academic calendar is the basis of all pro rata credit calculations.
Prorated Room & Board Calculation Due to Withdrawal from Residence Halls While Remaining Enrolled
In the event a student exits the residence hall, for any reason, while continuing to remain enrolled academically, the institution is under no obligation to issue credits or refunds. This includes closure due to a calamity or catastrophe beyond the institution’s control that would make continued operation of student housing infeasible, including, but not limited to, such circumstances as natural disaster, national security threat, or widespread pandemic.
Return of Funds
If a student receives financial aid, credit received as a result of withdrawal or dismissal is first applied to financial aid sources. Federal regulations are used for return of Title IV funds and individual state, institution, or outside scholarship policies for return of non-Title IV funds. Because financial aid funds must be used for educational expenses, when a student is receiving financial aid for non-institutional costs and withdraws from the institution, a portion of this aid must be repaid. The order of distribution for the return of Title IV funds is as follows:
- Unsubsidized FFEL/Direct Stafford Loan
- Subsidized FFEL/Direct Stafford Loan
- FFEL/Direct PLUS Loan
- Pell Grant
- FSEOG
- Other Title IV programs