The $25 application fee and $250 processing fee are non-refundable and non-transferable. The remaining costs may be refundable, depending on the student’s date of withdrawal. IMPORTANT: For refund purposes, the full fee is considered to be charged and paid when calculating the student’s refund amount. This is to avoid disadvantaging students who paid in full. The refund is calculated against the full amount, and then netted against the amount the student actually paid. However, under no circumstance will a student be required to pay any additional money after withdrawing.

• If the student withdraws on or before April 30, all tuition is refundable, including extended hotel days, but not including the application or processing fees. For example, a student who paid a $25 application fee, $250 processing fee, $3,000 for the remainder of the tuition (early bird rate, single occupancy), and $197 for one extended hotel day ($3,472 total) is refunded $3,197 if he or she withdraws on April 15.
• If the student withdraws in May, $2,500 of the full fee is refundable, plus extended hotel days. For example, a student who was admitted in February (early bird rate, single occupancy), opted for one extended hotel day, and paid a $25 application fee, $250 processing fee, $797 in February, $600 in March and $600 in April, and who withdraws on May 10 (before the May payment is charged) is refunded as follows:

Total Considered charged:	$3,472 (including future payment amounts)
Total refundable:	$2,697 ($2,500 plus $197 for extended hotel)
Total non-refundable:	$775 ($3,447 minus $2,697)
Total paid to date:	$2,272
Total refunded to student:	$1,497 ($2,272 minus $775)

• If the student withdraws in June, $1,500 of the full fee is refundable, plus extended hotel days. For example, a student who was admitted in February (early bird rate, single occupancy), opted for one extended hotel day, and paid a $25 application fee, $250 processing fee, $797 in February, $600 in March, $600 in April and $600 in May, and who withdraws on June 10 (before the June payment is charged) is refunded as follows:

Total Considered charged:	$3,472 (including future payment amounts)
Total refundable:	$1,697 ($1,500 plus $197 for extended hotel)
Total non-refundable:	$1,775 ($3,472 minus $1,697)
Total paid to date:	$2,872
Total refunded to student:	$1,097 ($2,872 minus $1,775)

• • • If a student withdraws July 1 or later, no refunds are given.
    • In the exceptional case of certain unplanned events, such as the death of an immediate family member, hospitalization of the applicant or jury duty, Sports Business Classroom will issue a full refund (minus application and processing fees) upon presentation of satisfactory documentation.

Note that even if a student pays less than the non-refundable amount prior to withdrawing, the student is not required to pay any additional money upon withdrawal.