Refunds are issued according to the refund schedule. The most current refund schedule is available on the The Halo

Limestone University delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.  For more information about BankMobile Disbursements, visit BankMobileDisbursements.com.

To view our third-party servicer contract for refund management, click the button below:

BMTX Documents

GENERAL REFUND POLICY

Financial: The University has many continuing expenses, such as faculty salaries and plant maintenance. In order to plan and maintain these services over the entire semester it is essential that the annual income from fees be assured. For this reason it is understood that students are enrolled for the entire semester. The fact that school fees are paid in two or more installments does not constitute a fractional contract.

In view of the foregoing, refund of any portion of the tuition and fees will be made only in the case of official withdrawal from The University through the Office of the Provost and on the following basis:

                                                                                                             Portion of
                                                                                                Tuition and Fees, Room
When the student has been enrolled                                            Returned
  Up to 7 calendar days after classes begin................................... 100%
  8 to 14 calendar days................................................................... 75%
  15 to 21 calendar days................................................................. 60%
  22 to 28 calendar days................................................................. 45%
  29 to 35 calendar days................................................................. 30%
  36 to 42 calendar days................................................................. 15%

No comprehensive refund will be allowed after six (6) weeks . No refund of board will be issued after the first 7 calendar days after classes begin. Students who are dismissed for disciplinary reasons will have their room and board charges adjusted to reflect a prorated share of services used to the date of their suspension.

In the Online and Evening Program refunds are as follows:
  Up to 7 calendar days after course begins......................100% refund
  8 calendar days to end of course.........................................0% refund

Note: for a military student who is taking Internet courses and using Tuition Assistance there will be a 100% refund, if the course is dropped up to 7 calendar days after the course begins

Refunds for students receiving Federal, State, or Institutional Financial Aid will be made in accordance with the regulations governing the respective programs. Policy statements regarding the refund of financial aid money are available in the Business Office or Financial Aid Office. An unofficial withdrawal may result in a student’s forfeiting all financial aid and thus becoming responsible for the entire balance. Schedules are sent to all students at the beginning of each semester.

Note: Schedules concerning refund dates are sent to all students at the beginning of each semester. Students are asked to check their limestone.edu email addresses and The Halo.