Refunds

If for some reason you have to interrupt your education, you might get some of your costs refunded (see Refund Formulas below).

In order to be eligible for a refund, you must complete the withdrawal requirements of the College. First, you must complete, sign and file a College Withdrawal form in the Registrar’s Office. Refunds will be processed as soon as possible after the census date for the semester.

Withdrawing

If you withdraw or are withdrawn from Del Mar College, you may be eligible for a refund of a portion of the tuition and fees paid to Del Mar College for that semester (see Refund Formulas below). If you received financial assistance to cover tuition and fee costs from outside the family, then a portion of the refund will be returned to the grant, scholarship or loan source from which the assistance was received.

Please note that you must visit the Registrar’s Office and complete the Notice of Withdrawal. This step will allow Del Mar College to refund the maximum possible amount of tuition and fees.

Refund Formulas

The College refund and repayment policy is applicable if you attend traditional 16-week semesters. There are two refund formulas used at Del Mar College.

1. First Formula

The first formula applies if you haven’t received financial aid.

Refunds for Non-Financial Aid Students (Fall/Spring Semester)

Refund Time Frames Refund Amount (%)
Prior to first class day 100%
During the first 15 class days 70%
During the 16th to 20th class days 25%
After the 20th class day 0%

Refunds for Non-Financial Aid Students (Summer Semester)

Refund Time Frames Refund Amount (%)
Prior to first class day 100%
During the first 5 class days 70%
During the sixth and seventh class days 25%
After the seventh class day 0%

2. Second Formula

The second formula applies if you have received financial aid and the refund is as mandated by the Higher Education Act Reauthorization of 1998.

The formula provides a Return of Title IV aid if you received Federal Financial Aid in the form of a Pell Grant, Supplemental Educational Opportunity Grant (FSEOG) or Direct Student Loan.

The amendment states that if you withdraw before completing at least 60% of the semester or earn all non-passing grades, you may have to pay back a portion of your federal funds. The percentage of the refund is equal to the number of days attended divided by the number of days in the semester.

The first class day is defined as the “day classes start at Del Mar College and not as the first day a student attends classes.” The first class day is based on the Texas College and University System Common Calendar as determined by the state. Refer to the current semester credit class schedule for applicable first class date. A 100 percent refund is made for courses dropped prior to the first class day.

If any portion of the refund amount is left after satisfying the federal Return of Title IV Aid, the remaining balance will be applied to Del Mar College funds, state programs and any other sources of financial assistance.

Worksheets used to calculate the Return of Title IV funds are available at Financial Aid Services. For a detailed discussion, see “Financial Aid Services” section of the Catalog.

Distribution of Funds

No cash refunds will be made. Payments made by credit cards will be credited to the respective card account. As a registered student, you will receive a refund selection kit with instructions on choosing how you want to receive your refund. Your options for receiving your refunds are: electronic deposit to an existing bank account, electronic deposit to your BankMobile Vibe account, or a paper check to be mailed to the address you have on file with the Admissions Office.

Rebate Opportunity

If you began a baccalaureate degree from a Texas general academic teaching institution in the Fall 1997 semester or later, you are eligible for a tuition rebate of $1,000. In general, this rebate opportunity is based on your attempting no more than three semester hours in excess of the minimum required to complete the baccalaureate degree. Complete information concerning this rebate is available from the College Business Office.