Tuition & Fees
The schedule of student charges is updated for each academic year and published in the student catalog, as excerpted below.
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Schedule of Payments
For year one and all subsequent years of the Reiss-Davis Graduate School, the student will be billed on a quarterly basis unless directed otherwise. In no instance will the student be billed before the student has signed an enrollment agreement which discloses the date of the first class session. Payments are made through the Populi Finance Portal and are due on the first day of the quarter term. A late fee of $100 will be billed for payments more than ten days late. Tuition balances must be cleared from term to term in order to maintain enrollment.
Dissertation Committee Fee
Dissertation advisement fee for work with Dissertation Chair, Faculty Reader and External reader will be managed by the institution when the student enrolls in Year 4 Dissertation Completion courses. The fee is assessed and charged annually. Students are advised that the time required to complete the Psy.D. Dissertation will vary based on individual progress. As stated above, Tuition and Fees are reviewed annually and may be adjusted.
Financial Assistance
The Reiss-Davis Graduate School has established the Lear Family Foundation Scholarship to assist student with tuition on annual basis. Students must apply each year for available funds. The Reiss-Davis Graduate School has been approved by the Department of Education to start offering student loans. The approval has been in effect since August 23, 2019. The Reiss-Davis Graduate School participates in federal financial aid programs and offers consumer information that is required to be disclosed to the student pursuant to the applicable federal and state financial aid programs – 94909(a)(10) for Title IV schools.
If students obtain a loan to pay for the program, they are responsible for repaying the full loan amount plus any interest, less the amount of any refund. If they have received federal student financial aid funds, and they already paid the tuition, they may be entitled to a refund of the monies not paid from federal student financial aid program funds.
Cancellation and Refund Policy
A student has the right to cancel his or her agreement for a program of instruction, without any financial penalty or obligations, on or before attendance of the first day of quarter term of the first academic year or the seventh day after enrollment, whichever is later. Cancellation may occur when the student provides a written notice of cancellation. This can be done by mail, by hand delivery, or by e-mail to the Registrar’s Office at Registrar@reissdavis.edu. The written notice of cancellation, if sent by mail, is effective when deposited in the mail properly addressed with proper postage or confirmed by e-mail to the Registrar. The written notice of cancellation need not take any particular form, and however expressed, it is effective if it shows that the student no longer wishes to be bound by the Enrollment Agreement. The student is eligible for a refund of the $250 enrollment fee if the cancelation was requested during the cancellation period.
After the end of this cancellation period, the student also has the right to withdraw from the program at any time. Should a student withdraw from the program, he or she will not be charged for future quarters. The percentage of the refund depends on the effective date of the withdrawal.
The student may withdraw from the school at any time after the cancellation period (described above) and receive a pro rata refund if the student has completed 60% or less of the scheduled days in the current payment period of program defined as a quarter term through the last day of attendance. The refund will be less a registration or administration fee not to exceed $250.00, and less any deduction for equipment not returned in good condition, within 45 days of withdrawal. If the student has completed more than 60% of the period of attendance defined as a quarter term for which the student was charged, the tuition is considered earned and the student will receive no refund.
For the purpose of determining a refund under this section, a student shall be deemed to have withdrawn from a program of instruction when any of the following occurs:
- The student notifies the institution of the student’s withdrawal or as of the date of the student’s withdrawal, whichever is later.
- The institution terminates the student’s enrollment for failure to maintain satisfactory progress; failure to abide by the rules and regulations of the institution.
- The student fails to return from a leave of absence.
For the purpose of determining the amount of the refund, the date of the student’s withdrawal shall be deemed the last date of recorded attendance. For programs beyond the current “payment period,” defined as a quarter term, if the student withdraws prior to the next payment period, all charges collected for the next period will be refunded. If any portion of the tuition was paid from the proceeds of a loan or third party, the refund shall be sent to the lender, third party or, if appropriate, to the state or federal agency that guaranteed or reinsured the loan. Any amount of the refund in excess of the unpaid balance of the loan shall be first used to repay any student financial aid programs from which the student received benefits, in proportion to the amount of the benefits received, and any remaining amount shall be paid to the student.
If the student has received federal student financial aid funds, the student is entitled to a refund of moneys not paid from federal student financial aid program funds.
Policy on Carrying Balances
The Reiss-Davis Gradate School does not allow students to carry a balance from one quarter term to the next. Students will be allowed to enroll in the next term year only when the tuition balances are clear. Student will also be charged a $100 late fee if their tuition is not received on time.
