Investing In Your Success
Office of Student Finance
3005 Highland Parkway
Downers Grove, IL
Email: [email protected]
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APPLICATION & DEPOSIT FEES
Application Fee: A non-refundable application fee of $100 is payable with the submission of the application.
Deposit Fees: Deposit fees are required to guarantee a place in the class.
- Initial Deposit ($500): A non-refundable initial deposit of $500 is required to reserve a place in the class. It is required two weeks after the date of acceptance.
- Final Deposit ($500): A non-refundable final deposit of $500 is required to guarantee a place in the class. It is required 4 months prior to enrollment.
All fees are listed in US currency and must be paid in US dollars. All checks must be drawn from US banks.
TUITION POLICY ON FAILED COURSES
Students failing any course in any semester will be required to repeat that course and will be charged for it. A tuition waiver has been extended for students who are currently in a remedial semester and are required to repeat courses that they have passed previously up to a maximum of 50% of the cost of tuition. Questions relating to this policy should be directed to the Office of Student Finance.
TUITION REFUND POLICY FOR WITHDRAWALS
A withdrawal occurs when a student's enrollment is permanently discontinued or, in some cases, even temporarily interrupted (see Note below). A withdrawal may be official (when the student notifies the dean in writing) or unofficial (without written notification). The effective date of withdrawal is normally the student's last date of attendance.
If a student withdraws, Ross Vet's handling of tuition and charges corresponds with federal loan eligibility regulations, which are based on the period attended:
If a new student withdraws prior to the start of the first semester, no tuition charges are due.
If a continuing student withdraws prior to the start of a semester, no tuition/charges are due.
If a student withdraws during the first 60% of a semester, tuition/charges are directly prorated based on the portion of the semester that has elapsed. (As semesters are normally 15 weeks in length, tuition is prorated for withdrawals during weeks 1 through 9.)
If a student withdraws after the first 60% (i.e., after completing the 9th week) of a semester, full tuition/charges remain due.
For withdrawal during the first 60% of a semester, student loan eligibility is recalculated, and RUSVM and the student are each proportionally responsible for returning "unearned" Federal Direct loans to lenders. In addition to the lender returns required by federal regulations, with the student's authorization, RUSVM returns any remaining credit balance to lenders, which decreases the student's loan debt for that semester.
Note: Although a leave of absence may be authorized in limited circumstances, failure to return to the University from a leave of absence is considered a withdrawal as of the last date of attendance. Please note that a leave of absence and an academic leave of absence are two different statuses. (For an explanation of an academic leave of absence, refer to the section on Academic Policies in the Student Handbook).
Summer Semester Ends
Summer Clinical Term Ends
Fall Semester Starts