CANCELLATION AND REFUND
Students who enroll but wish to cancel voluntarily may do so within three working days of having signed a contract (excluding holidays and weekends) and made initial payment. Cancellation must be requested by letter, postmarked within a three-day period or in person at the school. All money paid will be refunded within 30 days when requested within this three-day period.
If a student’s application is not accepted by the school, all money paid by the student will be refunded. Students who cancel enrollment anytime after the three-day cancellation period, before classes begin, will forfeit the $75.00 registration fee.
Midwest Institute maintains a fair and equitable refund policy. Institutional Refund Policy: Students who withdraw after the first class session up to 10% of the days will be charged 10% of the total tuition. Students withdraw after 10%, but within the first 25% of the days, will be charged 25% of the total tuition.
Students who withdraw after 25% and before 50% of the days will be charged 50% of the total tuition. No refund will be made to a student who has completed 50% or more of the program.
Return to Title IV : If a student leaves Midwest Institute prior to completing 60% of a payment period, the financial aid office recalculates eligibility for Title IV funds. Recalculation is based on the percentage of earned aid using the following Federal Return to Title IV funds formula:
Percentage of payment period completed = the number of days completed up to the withdrawal date divided by the total days in the payment period or term. Funds are returned to the appropriate federal program based on the percentage of unearned aid.
A student may then be personally responsible for any money owed to the school based on the school refund policy.
The school may terminate a student because of insufficient academic progress, nonpayment of tuition, failure to comply with rules or five days of unexcused absences. The same refund criteria used for voluntary termination will be followed.
*Students may also be terminated for demonstrating unsatisfactory attitude or behavior; this may involve, for example, conduct or dress inappropriate to the educational program.
If circumstances arise that make it necessary for a student to withdraw he/she must notify the school administration, in person, or by mail within 3 days of his/her last day in attendance.