Financial Office

F E A T U R E S

2024-25 Tuition and Fees

Refund Policy

HANBIT UNIVERSITY ensures that all monies paid by a prospective student, including application fee, are refunded if the student requests a refund within three (3) business days after signing a contract or, if no contract is signed and prior to classes beginning, the student requests a refund within three (3) business days after making a payment.
HANBIT UNIVERSITY ensures that deposits or down payments are credited as tuition payments unless clearly identified on receipt by HANBIT UNIVERSITY as application or other fees.
HANBIT UNIVERSITY charges a non-refundable application fee of $100. This application fee is stated in the Tuition and Fees Table above. It is charged only once unless the applicant has completed one program of study and is applying to enter an unrelated program, or the applicant previously withdrew from HANBIT UNIVERSITY. If a student withdraws from HANBIT UNIVERSITY for any reason, the student is not liable for any unpaid portion of the application fee.
HANBIT UNIVERSITY charges for fees, books, and supplies which are in addition to tuition and listed in the Tuition and Fees Table above. Any unused portion of the fees will be refunded if a student withdraws before completing fifty (50) percent of the period of enrollment except for: 1) items that were special ordered for the student and cannot be used or sold to another student; 2) items that were returned in a condition that prevents them from being used by or sold to new students; 3) non-refundable fees for goods and/or services provided by third-party vendors.
HANBIT UNIVERSITY will use the last date of attendance by the student to calculate refunds.
HANBIT UNIVERSITY will assess no administrative and /or withdrawal fee of a student who withdraws. Refunds are based on tuition paid for the trimester in which the student is enrolled.
Refunds are determined based on the proration of tuition and percentage of program completed by the student at the time of withdrawal, up until 50% of the program. For example, if a student completes 25% of the trimester, as calculated on the official academic calendar published by HANBIT UNIVERSITY, he/she will receive a refund of 75% of tuition paid. If a student withdraws after completing 50% of the program in which he/she is enrolled, no refund of tuition will be issued.
In the event that HANBIT UNIVERSITY cancels or changes a program of study or course (time or location) in such a way that a student who has started the program or course is unable to continue, arrangements will be made in a timely manner to accommodate the needs of each student enrolled in the program, or a refund of all money paid by the student for the program of study or course will be issued if alternative arrangements are not possible.
Refunds are made in full to the student within forty-five (45) days of the date of withdrawal.
Extenuating circumstances such as injury, prolonged illness, or death or other circumstances which prohibit completion of the course or program of study may be granted when a student exceeds the accepted number of absences. The Attendance Review Committee shall be the judge of extenuating circumstances following the student's request for consideration.