VERY IMPORTANT CHANGE FOR CALCULATION OF DROP AND WITHDRAWAL FEE ADJUSTMENTS FOR FALL AND SPRING SEMESTERS!!!!

The Tennessee Board of Regents has instituted effective Fall 2007 a new system-wide policy for calculating refunds and fee adjustments. We want to inform all students about this change and also advise that if you plan to drop any courses or withdraw from the university, you should do so before the start of classes to receive a 100 percent refund.

For the Fall and Spring semesters, undergraduate students taking more than 12 hours benefit in that tuition calculations are capped at 12 hours and no additional tuition and fees are assessed for registering for more than 12 hours.

This new system will affect full-time students taking more than 12 hours who— during a fee-adjustment period—adjust their schedules to below 12 hours, including withdrawal. Students who fall into this category will be assessed a prorated fee for the dropped hours. Example: If a student originally registered for 15 hours and dropped to 9 hours during the 75 percent fee-adjustment period, the adjusted student-fee assessment before any refund will be nine hours at the full rate per hour and six hours at 25 percent of the per-hour rate.

The difference between this calculated assessment and the original tuition and fee amounts capped at 12 hours would be the refund.

In short, the fee adjustment will be based on courses dropped; and it is possible that certain adjustments will result in no refund after the fee adjustment calculation.

For Graduate Students whose tuition calculation is capped at 10 hours, the same procedures apply.

For the Summer semester, only the Program Services Fee is capped. Tuition is charged at a per hour basis.

Students are encouraged to better plan their schedules and retain their full-time status on their way to a timely and successful graduation.

Fees are adjusted based on the date the drop or withdrawal is processed on RaiderNet, or the date the withdrawal is prepared by the University Withdrawal Office. Please note that the fee adjustment percentage is based on the date of the drop and not the reason for the drop.

The following are the fee adjustment deadlines for the Fall 2009 semester:

100% - Sunday, August 30, 2009
75% - Friday, September 11, 2009
25% - Friday, September 25, 2009

The following illustrates how a student's fees are adjusted during the corresponding fee adjustment periods:

Disclamer: These are only example scenarios.

Withdrawals
If the student originally registered for 15 hours and withdraws during the 75% fee adjustment period, the following formula is used:

(# hours * Multiplier)*(Per Hour Rate) - (Max Amount Charged) = Adjusted Fees

OR

(15 * 0.25) * (191.00) - (2,322.00) = -1,605.75

Drops
If the student originally registered for 15 hours and drops to 9 hours during the 75% fee adjustment period:

Original Fees:
2,322.00

Adjusted Fees (i.e. Dropped from 15 to 9 hours during 75% period):

(6 Dropped Hours * .25) = 1.5 Hours
1.5 Hours * 191.00 Per Hour Rate = 286.50
Plus
(9 Remaining Hours * 191.00 Per Hour Rate) = 1,719.00

Adjusted Fees: 286.50 + 1,719.00 = 2,005.50
vs.
Original Fees: 2,322.00

Total Adjusted Fees: 2,005.50 - 2,322.00 = -316.50