Refunds to institutional charges (i.e., tuition, fees, room and board) are calculated based on the class drop date as recorded in the Registrar's Office. You are responsible for notifying the Registrar's Office when you intend to drop a class. Lack of attendance does not constitute a drop. You must complete the official withdrawal process.

Refund Calendar 

Students Receiving Federal Aid

For students who begin attendance during a term and then withdraw or stop attending classes before completing 60% of the term, a portion of the total federal aid received (excluding work study) will need to be returned. The amount which must be returned is determined by the Federal Formula for Return of Title IV Funds. The amount to be returned is determined by dividing the number of calendar days completed in the term by the total number of days in the term. Weekends and holidays are included in the number of days, but breaks of five or more consecutive days are excluded. This regulation also specifies the order in which funds are to be returned to the financial aid programs from which they were awarded.

Guidelines used to create the USF refund calendar are given in the following document.

Federal Return of Title IV Funds Policy