Ivy Tech Community College, Central Indiana
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Refund Policy
Please be aware that when you enroll in classes, you have assumed a responsibility to pay for these classes. If you decide to stop attending a class or classes, you must formally drop your classes with the Office of the Registrar, using an official Change of Enrollment form; otherwise, you remain financially obligated to the college for your class or classes.  Following is the refund policy of Ivy Tech Community College.  Students on financial aid must follow the same procedure.

Refund Schedule

16 week

  

1st-10th day 100%;

11 days or more 0

First day: Monday of the first week of classes

12-15 week

  

1st-8th day 100%
9 days or more 0

First day: Monday of the first week of classes

10-11 week

  

1st-6th day 100%
7 days or more 0

First day: First day the class meets; classes that begin on Saturday or Sunday will have the following Monday as the first day.

8-9 week

  

1st-4th day 100%
5 days or more 0

First day: First day the class meets; classes that begin on Saturday or Sunday will have the following Monday as the first day.

4-7 week

  

1 st -2nd day 100%
3 days or more 0

First day: First day the class meets; classes that begin on Saturday or Sunday will have the following Monday as the first day.

Less than 4 weeks

  

1 st day 100%:

First day: First day the class meets; classes that begin on Saturday or Sunday will have the following Monday as the first day.

Financial Aid Refunds

Pell refunds are distributed between the seventh and eleventh weeks of the semester. Loan disbursements are normally received within 7-10 working days from the date your loan processor has designated as your disbursement date.To verify your disbursement date please call your loan processor.
  • ISM/Key bank at (317) 715-9000
  • Nelnet (888) 486-4722
  • Sallie MAE (800) 824-7044