Cost of Attendance Chart
After the U.S. Department of Education processes your FAFSA, they send the information to Potomac College with your Estimated Family Contribution (EFC) which is used to determine eligibility for aid. When combined with other aid and resources, a student’s financial aid package may not exceed his/her Cost of Attendance.
Your Cost of Attendance includes both your tuition, fees, and books (direct expenses for your education) and estimates of living expenses (indirect expenses). Your indirect expenses are estimated by Potomac College following federal guidelines.
Tuition is charged on a semester credit hour basis. Books and supplies are not included in tuition charges. Students are charged 100% for any semester in which they continue past the ADD/DROP period before withdrawing. All non-tuition charges are non-refundable.
Cost of Attendance:
All Students – $490 per credit ($1470 per 3-credit course)
Active Duty Military and their Immediate Family – $200 per credit ($600 per 3-credit course)
Veterans Tuition – $200 per credit ($600 per 3-credit course)
All students – $250 per credit hour ($750 per 3-credit course)
Books – estimated at $120 per 3 credit course or approximately $1000 per academic year
*Please note that two 8-week sessions equals one semester. So, two courses per session equates to full-time enrollment (12 credits per 16 weeks semester).
*The current average tuition cost to attend Potomac College for an academic year (8 months) at full time status is $11,760. The average cost to matriculate for an Associate Degree is $29,400; a Bachelor Degree is $58,800.
*The actual cost of either degree may vary depending on transfer credit, repeat courses, test outs, and other factors.
|Monthly room and board for students not living with parents||$779|
|Monthly room and board for students living with their parents||$391|
|Monthly personal/miscellaneous expenses (excluding books)||$246|
|Monthly transportation expenses||$219|
One-time Registration Fee: $100
Technology Fee: $37.50 per credit hour
Application Fee (International Student): $150
Proficiency Examination: $100
Portfolio Fee: $100
Graduation Fee: $100
Transcript Fee (Individual Request): $10
Transcript Fee (Individual Expedited): $15
Additional Transcript Copies: $10
Returned Check Fee: $25
Institutional Refund Policy
Students shall have the option to withdraw from the school at any time by giving notice of their intent to terminate enrollment preferably in writing. In the absence of the student giving written notification, a student is dismissed after 14 consecutive calendar days from the last date of attendance, or upon the failure to return from an approved Leave of Absence.
All fees are non-refundable. The institutional refund policy generally allows the institution to earn 100% of the institutional charges from students who complete 50% or more of the semester. The student’s withdrawal date is the date the institution determined the student was no longer attending. The institution may take up to 14 days from the last date of attendance to make the determination that the student was no longer attending.
If applicable, refunds to agencies, private loans, scholarships, and to the student will be made within 45 days of the date the student is determined to have withdrawn. Notification will be sent to the students of all refunds made.
Portion of tuition and fees obligated and paid that are eligible to be retained by the institution:
Last date of attendance as % of the payment
period for which the student was obligated
Portion of tuition and fees obligated and paid
that are to be retained by the institution
1st week of semester (if submitted in writing)
After 1st day but still within 25%
After 25% but still within 50%
50% or thereafter
Tuition and Fee Disclosure
Tuition is refunded in accordance with the Potomac College Refund Policy outlined herein.
The Potomac College Refund Policy requires that a student withdrawing from the College must comply with proper withdrawal procedures as outlined in this catalog.
New students who cancel their enrollment within 72 hours of registering for courses are charged the $25 application fee. All other charges are cancelled. New students who cancel their enrollment after their first session begins but before the end of the ADD/DROP period are charged the $25 application fee and $25 registration fee.
A tuition adjustment is credited to a student’s account within 30 days of the date the College determines a student is no longer in attendance.
The College attempts to make a reasonable settlement whenever a student must withdraw due to mitigating circumstances that make it impossible for him/her to continue. A student may appeal to the Vice President of Academic Affairs if he/she believes individual circumstances warrant exception from the published policy. The final decision on all cases is made by the President/CEO. When a final decision has been reached, the VP of Academic Affairs notifies all relevant parties in writing.
If a recipient of Federal Title IV aid withdraws during a period of enrollment, Potomac College must calculate the amount of Title IV aid the student earned. Unearned Title IV funds must be returned to the Title IV programs.
When a student withdraws, the institution must determine the withdrawal date, the amount the student earned, (must include the amounts that were or could have been disbursed).
Students who believe than an exception to the refund policy is warranted should submit a written appeal with documentation of any mitigating circumstances to the Vice President of Finance; within 30 days of the date of the student’s withdrawal from the College. The Vice President of Finance provides a written response to the appeal within 30 days of its receipt.
Financial Aid Information, Policies and Procedures
All Title IV financial aid funds received by the College are credited to a student’s account with the exception of requirements set forth in Section 682.604 of current Federal Regulations (CFR). Various types of financial aid programs available to those who qualify are discussed in detail in this section.
A student’s academic year is defined as a minimum of 24 semester hours and 32 weeks. Students advance in grade level as each 24 semester credits are earned.