In cases of a voluntary withdrawal during the period for which a student has been billed, a student may be eligible for a refund of basic charges as follows (except as outlined below):
                      First 10% of the enrollment period ....... 90% of charges refunded
                      Next 15% of the enrollment period ....... 50% of charges refunded
                      Next 25% of the enrollment period ....... 25% of charges refunded
                      Thereafter ................................................... no refund
The enrollment period is either the fall or spring semester. For specific dates, please contact our office. Refunds of basic charges are not granted to full-time students withdrawing during the January Program.

Pro rata refunds of basic charges will be made for students who withdraw upon advice from the College physician during the fall and spring semesters. In addition to any applicable Colby refund, the College offers an optional tuition refund insurance designed to reduce the financial loss caused by a medical withdrawal. This is handled through DEWAR, and brochures are mailed in July to student account billing addresses. For more information, please contact DEWAR at
617-774-1555 or go to www.collegerefund.com.

A similar refund policy is in effect for Colby off-campus programs; however, as starting and ending dates vary, the specific dates are determined by individual programs as they correspond to the relevant percentages of the semester's duration.

No refund will be made until the withdrawal/leave process established by the dean of students is completed. Federal regulations determine the amount and the order in which federal loans and scholarships are to be refunded.

No refunds are made for students who elect not to do an on-campus January Program.