The student who voluntarily withdraws from all courses during the drop/add period receives a full tuition refund. A student who voluntarily withdraws from all courses during the second to seventh weeks of a trimester receives a partial reduction of tuition (and charges for room and board, if applicable).

The effective date of withdrawal is the date on which a written statement is received by the Rutgers Business School: Graduate Programs-Newark and New Brunswick Office of Student Services. No part of the student fee is refundable. No refunds will be granted after the 10th business day of any trimester to students who withdraw from one or more, but not all, courses. No adjustment from full-time to part-time status will be made after the 10th business day of the trimester. If withdrawal from one or more courses amounts to complete withdrawal from the program, the provisions of the preceding paragraph apply.

A student whose registration is canceled by the registrar receives a full refund of tuition and fees and pro-rated charges for room and board, if applicable. A student whose registration is terminated at any time during the refund period because of nonpayment of amounts owed the university receives a revised bill based on a refund calculated as if it were a voluntary withdrawal. Failure to attend class is not equivalent to withdrawal, and a student does not receive an adjustment of charges unless formal withdrawal is filed with and approved by the registrar, regardless of whether the student actually attended classes or took examinations. Contact the Office of Student Services for withdrawal forms and for more information.

There is a difference between a withdrawal and a drop. Withdrawal indicates the student has decided to take no courses during a particular trimester. Drop means that the student has decided to reduce his or her course load during that trimester, but is still enrolled in at least one course. See the Registration Changes chapter for more information.