refund policy

Dropped Classes by Degree and Non-degree Students

Full tuition refunds for dropped classes, excluding intensive classes (which have an add/drop date of the first day of class), are given only during the add/drop period in the first two weeks of the semester for regularly scheduled classes, or during the stated add/ drop period for courses that occur outside the regular schedule for the semester. (View the academic calendar.) No refund is given for withdrawals after the end of the add/drop period. It is the student’s responsibility to complete a Withdrawal Form on a timely basis.

Complete Withdrawals by Degree and Non-degree Students

Eligibility for tuition refunds for students who completely withdraw from the term by withdrawing from SFAI or by taking a hiatus is based on the last date of attendance, which must be filed in writing with the Office of Registration and Records.

Withdrawing students must obtain a Withdrawal Form and follow SFAI’s withdrawal procedures in the Student Handbook. Students who withdraw completely prior to the 60% point in the term are assessed tuition based on the number of days completed in the term. Students are charged full tuition after completing 60% or more of the term.

It is the student’s responsibility to complete a Withdrawal Form on a timely basis.

Financial Aid Recipients

The Higher Education Act Amendments of 2008 require SFAI and the withdrawing student to return any unearned federal aid funds (grants or loans). The Financial Aid Office will calculate earned financial aid upon receipt of a completed Withdrawal Form. Students may be required to repay some or all of aid refunds received prior to withdrawal. The Financial Aid Office will answer questions about the impact of withdrawing on financial aid eligibility. For more information on financial aid, please click here.

Repayment Policy

Students who are awarded financial aid and receive a refund because their aid exceeds their tuition charges, and who then subsequently drop classes, may be required to repay some or all of the refund back to SFAI. It is strongly advised that financial aid recipients considering a reduction in course load consult with the Financial Aid Office before dropping classes.

Canceled Classes

SFAI will provide full tuition refunds and refunds of any related fees, if applicable, for classes that are canceled.