Cancellation Schedule for MBA Students - Fall 2012 / Winter 2013 / Summer 2013
Before making the decision to decrease your number of units, it is important to weigh both the academic and financial implications of your decision. It's important to understand that an academic deadline can have a different meaning than a financial deadline. A decision to cancel a course late may satisfy an academic need, but may carry financial implications that may be unsatisfactory. Before dropping or cancelling a course, all students should:
- First, discuss the pros and cons of your decision with your academic advisor in the MBA office
- Review the cancellation schedules below to understand what financial consequences may be present
FINANCIAL IMPLICATIONS:
Understanding the difference between a dropped course and a cancelled course is financially critical.
DROPPED COURSES – Any course dropped BEFORE the last day to add courses (Drop & Add) within a term. Dropped courses are removed from your student record, and although are NOT subject to cancellation fees, may have financial consequences (i.e. Reduce OSAP entitlement, loss of Entrance Scholarship, MSU Supplementary Fees)
CANCELLED COURSES – Any course cancelled AFTER the last day to add courses (Drop & Add) within a term. Cancelled courses remain on your student record and are indicated as “cancelled”. Cancelled courses ARE subject to cancellation fees, and may have other financial consequences (i.e. Reduced OSAP entitlement, loss of Entrance Scholarship or MSU Supplementary Fees).
Important things you should know:
- The table below represents the percentages charged for tuition only. Supplementary fees are non-refundable.
- On your student Account Statement, your fees will show according to the number of units you are registered in. If you cancel a course, your initial registration fees will be reversed, you will be charged the full fees for the number of units you remain in, then you will be assessed the percentage (according to the table below) of the course that you cancelled.
- Credits for dropped/cancelled courses are first applied against the balance owing on the student account. Any remaining credit amount will be refunded by cheque and mailed to the student.
- Changes in your course load may significantly affect your eligibility of OSAP, Scholarships and other awards. Please review with the Student Financial Aid and Scholarship office.
- Students in an "overload" situation will be charged for cancelled courses.
**If you have decided to Withdraw from a session or from the university, you must first contact the Registrar's office for important steps to a proper withdraw. Student ID cards must be surrendered to the Registrar's office at the time of withdraw.**
Fall Session(September to December) |
|
Up to Sept 23 |
No Charge |
Sept 24 to Sept 30 |
30% Charge |
Oct 1 to Oct 7 |
40% Charge |
Oct 8 to Oct 14 |
50% Charge |
Oct 15 to Oct 21 |
60% Charge |
Oct 22 to Oct 28 |
70% Charge |
Oct 29 to Nov 4 |
80% Charge |
Nov 5 to Nov 11 |
90% Charge |
Nov 12 onward |
100% Charge |
|
|
Winter Session(January to April) |
|
Up to Jan 20 |
No Charge |
Jan 21 to Jan 27 |
20% Charge |
Jan 28 to Feb 3 |
30% Charge |
Feb 4 to Feb 10 |
40% Charge |
Feb 11 to Feb 17 |
50% Charge |
Feb 18 to Feb 24 |
60% Charge |
Feb 25 to Mar 3 |
70% Charge |
Mar 4 to Mar 10 |
80% Charge |
Mar 11 to Mar 17 |
90% Charge |
Mar 18 onward |
100% Charge |
|
|
Summer Session(May to July) |
|
Up to May 12 |
No Charge |
May 13 to May 19 |
30% Charge |
May 20 to May 26 |
40% Charge |
May 27 to June 2 |
50% Charge |
June 3 to June 9 |
60% Charge |
June 10 to June 16 |
70% Charge |
June 17 to June 23 |
80% Charge |
June 24 to June 30 |
90% Charge |
July 1 onward |
100% Charge |
