Students who choose to withdraw from the medical or graduate curricula for any reason
may qualify for a tuition refund on a per-term basis.
The following refund schedule applies to all students:
|Withdrawal During||Term Charge||Credit|
|First week of class||0%||100%|
|Second week of class||10%||90%|
|Third and fourth week of class||25%||75%|
|Fifth through seventh week of class||50%||50%|
|After the seventh week of class||100%||0%|
Refunds to third- and fourth-year medical students are prorated according to clerkships completed. In no case will tuition already paid be refunded for disciplinary or academic dismissal. The effect date of withdrawal is the date a student files a written request with the Dean.
All Federal Title IV financial aid funds are credited or returned in compliance with the federal return policy schedule. Contact the Office of Financial Aid for details.
Student loans and most other aid will electronically disburse toward students' PCOM tuition/fee charges on the first date of enrollment at the beginning of each term. If you borrow more funds than tuition/fees, the PCOM Bursar's Office will then release the remaining "living expense refund" funds to you 7-10 days after your first date of enrollment for the term.
View the Office of Financial Aid's disbursements and refunds page for more details.
First Disbursement Date of Each Term
Refunds will be processed seven to 10 days following the disbursement of loans. View Financial Aid's Disbursements and Refunds page for estimated dates for each program.
Weekly Refund Schedule
Refund checks or direct deposits will be produced every Monday and Thursday. Cutoff times for processing refunds are the close of business Wednesday for availability on Thursday and the close of business Friday for availability on Monday.
Banking or School Holidays
Refunds will be processed the next business day.
Philadelphia Campus is Closed
Refunds will be processed on the next business day that the campus reopens.
It is strongly recommended that students sign up for direct deposit for their refunds. By signing up for direct deposit, your financial aid refund funds are paid directly to your bank account each term. Direct deposit is generally faster and more secure than receiving a paper check via postal mail.
In compliance with federal regulations, PCOM will reissue an outstanding refund check within 40 days of the original check being issued. If the reissued check is still not cashed after 30 days, funds will be returned to the student’s lender.