Tuition Refund Policy
Refunds are processed according to the following Refund Schedule for those who withdraw or are dismissed. Withdrawals may be communicated by students in any manner; however, Quantic School of Business and Technology strongly recommends submitting requests in writing to [email protected] to ensure timely processing. Tuition refunds are processed within 30 days of receipt of the refund request.
Students withdrawing due to active duty military service should contact Quantic for additional information regarding their tuition and account options.
Refund amounts are based on the total amount of tuition stated in the student’s enrollment agreement (“Total Tuition”), regardless of how much has been paid by the student at the time of withdrawal or dismissal.
Students who are dismissed from Quantic may receive a refund by contacting [email protected] within 30 days of dismissal according to the following schedule:
|Progress Benchmark||Percentage of Total Tuition Refunded to the Student||Percentage of Total Tuition Retained by Quantic|
|Prior to beginning any of the concentrations listed below||100%||0%|
|Before completing one concentration|| 90%
|After completing one concentration but before completing two concentrations||75%||25%|
|After completing two concentrations but before completing four Concentrations|| 50%
|After completing four Concentrations||0%||100%|
“Completing” a concentration is defined as completing all lessons required to unlock the concentration exam.
The concentrations referenced in this refund policy are the following:
- Markets & Economies
- Data & Decisions
- Operations Management
- Leading Organizations
- Marketing & Pricing
If a student’s Total Tuition is $12,350 ($950 a month over thirteen months) and the student has completed two concentrations (e.g., Accounting and Markets & Economies) at the time of withdrawal, then the student is eligible for a 50% refund of Total Tuition, which will be paid as follows:
- If the student has paid all of the Total Tuition prior to withdrawal ($12,350), then the student is eligible for a refund of $6,175 (50% of $12,350), and Quantic retains $6,175 (50% of $12,350).
- If the student has paid half of the Total Tuition prior to withdrawal ($6,175), then the student is eligible for no refund, and Quantic retains $6,175 (50% of $12,350).
- If the student has paid three-fourths of Total Tuition ($9,262.50), then the student is eligible for a refund of $3,087.50 ($9,262.50-$6,175) and Quantic retains $6,175 (50% of Total Tuition).
For additional questions about refunds, please e-mail [email protected].