Merrell University

Prior to entering classes, if a student cancels his/her enrollment agreement after three business
days following the signing of the enrollment agreement, he/she will be entitled to a refund of all
monies paid to the University less the $150.00 registration fee.
For any student attending the University for the first time, and using any Title IV program and
whose withdrawal date is on or before the 50% point in their enrollment period, the institution
will apply the statutory pro-rata refund policy. Pro-rata refund means a refund by the school no
less than that portion of the tuition, equal to the portion of the enrollment period for which
the student has been charged that remains on the withdrawal date, rounded downward to the
nearest ten percent of that period, less any unpaid amount of the scheduled cash payment for the
enrollment period for which the student has been charged. An administration fee, not to exceed
$150.00 or 5% of the total institutional charges, whichever is less, will be excluded from the
refund calculation. Examples of pro-rata calculations are available upon request.
For students not using any Title IV program, or not a first-time student at the school, or beyond
the 50% point in time of the enrollment period, the following schedule of tuition adjustment
applies:
Percentage time to total time of course Tuition owed to the University
00.01% to 04.99% 20%
05.00% to 09.99% 30%
10:00% to 14.99% 40%
15:00% to 24.99% 45%
25.00% to 49.99% 70%
50.00% and over 100%
Enrollment time is defined as the time elapsed between the actual starting date and the date of
the student’s last day of physical attendance at the University. Any monies due the student will
be refunded within 30 days of the formal termination by the university, which will occur no more
than 30 days from the last day of physical attendance, or in the case of leave of absence, the
documented date of return. A termination fee of $150.00 will be assessed.
Allocation of refunds:
1. To eliminate outstanding balances on Federal Stafford Loans
2. To eliminate any outstanding balances on Federal Plus Loans
3. To eliminate any amount of Federal Pell Grants awarded to the student for the enrollment
period for which he/she was charged
4. To repay required refunds of other Federal, State, private or institutional student financial
assistance received by the student.
If a course is canceled subsequent to a student’s enrollment, the school will at its option provide
a refund of all monies paid or provide completion of the course. If the school is permanently
closed after the student’s enrollment, the student will be entitled to a pro-rata refund. In the case
of disabling illness, disabling accident, or death, the school will make a settlement that is
reasonable and fair to both.
20