Holmes Institute Refund Policy
Students may withdraw from the program or a course at any time and in any manner. If a student cancels five days after signing the enrollment agreement, he/she receives a refund of all monies paid. If a student decides to withdraw from the course after five business days, but before the end of the academic term, the refund will be calculated as follows:
|Percentage CompletedBy Student||Percentage of TuitionReturned to the StudentMinus the Registration Fee||Percentage of TuitionRetained by the Institution|
|Up to 10%||90% – $75 application fee and $200 program enrollment fee||10%|
|10% to 25%||75% – $75 application fee and $200 program enrollment fee||25%|
|25% to 50%||50% – $75 application fee and $200 program enrollment fee||50%|
|50% – 100%||0%||100%|
All refunds are processed within 30 days of the withdrawal request. Example: if there are 10 lessons in a 3-credit hour distance education course and a student completes 1 lesson: 1 divided by 10 = 10% completed. Thus: $450.00 x .90 = $405.00 to be refunded. The one-time application fee ($75) and program enrollment fee ($200) are non-refundable.