The institutional charge is based on the number of days a student is enrolled at the University prior to the date of withdrawal or dismissal date. The formula is calculated as follows:
Number of days attended divided by Total days in the enrollment period*
(*including weekends and holidays, less any scheduled breaks greater than five days)
The resulting fraction is converted to a percentage; therefore, if there are 90 days in the academic period, the following would apply:
Any percentage of attended days above 60% results in a 100% charge.
- Withdrawal on the 10th day - Institutional charge = 11.1%
- Withdrawal on the 25th day - Institutional charge = 27.8%