Financial Terms

Anyone who cancels his reservation, changes his housing status, or applies for enrollment or reenrollment less than 13 days prior to the beginning of classes for the semester will be charged a $50 late fee.

Any new student who claims his reservation and leaves after classes begin for a term or any present or former student who leaves after claiming his reservation will owe tuition and program fee (and if applicable, room and board) through the date of withdrawal, with a minimum due of 20% of the semester rate for tuition and program fee (and if applicable, room and board). This applies to students who leave for any reason—either voluntary withdrawal or expulsion. Should a student leave the University for any reason after having paid more than the amounts outlined above, a refund would be made to him for any overpayment; but no other refunds will be made to a student for any other reasons. If a student who has been accepted for admission to the University finds at any time that he cannot fill his reservation, he should cancel his reservation at once. Even if he has to cancel his reservation at the last minute, he should call or fax the University so that the cancellation will be received before the deadline when the student becomes liable for the $50 fee as explained above; this deadline is 13 days before the first day of classes for the semester.

Within a given school year, the student’s reservation is automatically carried over from one semester to the next; therefore, if a student withdraws at the change of semesters, he must state his intention in writing to the administration by filling out a cancellation of reservation form no later than 13 days prior to the first day of classes for the second semester. If he fails to make such notification by this date, he becomes liable for the fee of $50. Of course, no transcripts can be issued until this payment is made. A student enrolled first semester who does not register for second semester by noon on the day of second semester registration will be required to pay the $25 late registration fee.

A student who enters late owes the tuition and fees for the entire semester and the room and board prorated according to the date on which he enters. Should such a student leave the University after entering late, he will owe, as do all students, the room, board, tuition, and program fee as stated in the second paragraph of this Financial Terms section.

Any student who does not cancel his reservation at least one week before the official opening of the summer session for which he is holding reservation will incur a fee of $50. Any outstanding charges referred to a collection agency will have the collection agency fees added to the balance due. It is understood that all of the terms in this section are accepted as part of the contract by person(s) who signed the financial responsibility statement on the student’s application for admission.

The following exception to the normal tuition refund policies will apply to all students who are recipients of Alaska Student Loans administered by the Alaska Commission on Postsecondary Education: If a student withdraws or is expelled—

  • during the first week of classes, the student will be entitled to a refund of 90% of the tuition; after that,
  • during the next three weeks of classes, the student shall be entitled to a refund of 80% of the tuition; after that,
  • during the time exceeding four weeks of classes but no more than one-third of the course, the student shall be entitled to a refund of 55% of the tuition; after that,
  • during the time exceeding one-third of the course, but no more than one-half of the course, the student shall be entitled to a refund of 30% of the tuition; after that,
  • the student will not be entitled to a tuition refund.

If you have any questions, email the Financial Aid Office.