Financial Information : Tuition Refund Policy
Presbyterian Theological Seminary in America

The student has a right to a refund of tuition. Fees are not refundable. Any refunds will be made as soon as possible but no later than 45 days from the determination of withdrawal date.  Students receiving Federal Financial Aid are subject to the return calculation first.

The date when the registrar receives official Add/Drop form determines the date of withdrawal. Failure to attend class is not withdrawal. Refund schedule for dropping courses;

 

Fall/Spring Semester

 

  • 100% refund until attendance at the first class session, or the seventh day after enrollment, whichever is later.The course is completely taken off the student’s transcript, with no record of ever registering for the course.
  • Thereafter, pro-rated refund if completed 60 percent or less of the scheduled hours. A student needs to acquire the signature of the Academic Dean in order to withdraw from a course. When a student withdraws from a course, the student will receive a “W” on their transcript.

 

Winter/Summer Sessions

 

  • 100% refund before afternoon class on the first day. The course is completely taken off the student’s transcript, with no record of ever registering for the course.
  • Thereafter, pro-rated refund if completed 60 percent or less of the scheduled hours. A student needs to acquire the signature of the Academic Dean in order to withdraw from a course. When a student withdraws from a course, the student will receive a “W” on their transcript.

 

(Example) if a student withdraws a course after 18 hours out of 45 hours (3 credits x 15 weeks) and its tuition is $720, the refund will be: $720-$720 x 18/45 credit hours=$432.

 

When a student withdraws from PTSA, he shall be deemed to have withdrawn when following occurs:

 

  • The student notifies the Registrar of his intent to withdraw.
  • PTSA terminates the student’s enrollment for failure to maintain satisfactory progress; failure to abide by the rules and regulations; absences in excess of maximum set forth by the institution; and/or failure to meet financial obligations.
  • The student has failed to attend all classes for three consecutive weeks and fail to inform the school that he is not withdrawing.
  • The student fails to return from a leave of absence.

 

If any portion of the tuition was paid from the proceeds of a loan or third party, the refund shall be sent to the lender, third party or, if appropriate, to the state or federal agency that guaranteed or reinsured the loan. Any amount of the refund in excess of the unpaid balance of the loan shall be first used to repay any student financial aid programs from which the student received benefits, in proportion to the amount of the benefits received, and any remaining amount shall be paid to the student. If the student has received Federal Student Financial Aid funds, the student is entitled to a refund of moneys not paid from Federal Student Financial Aid program funds.

 

Address: 15605 Carmenita Rd, Santa Fe Springs, CA 90670
Tel : 562. 926.1023
Fax : 562.926.1025
Email : office@ptsa.edu