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Online Colleges That Give Refund Checks –Online education has become increasingly popular in recent years, thanks to its flexibility and convenience. Students can now earn degrees and certifications from the comfort of their homes, without having to attend physical classes. However, not all online colleges are equal, and students need to be careful when selecting one to enroll in. One aspect that students need to consider is whether the college offers refunds or not. In this article, we will discuss some online colleges that give refund checks to their students.
Refund Checks — Free Money or Extra Debt?
Misunderstanding is common among students. They think a cashback check from their college or university is free money. It is not!
The truth is, the cashback check is part of the financial aid package. You borrow this money from the government (or a private lender) and you have to pay it back with interest.
That’s why it’s important to spend your cashback check wisely. You don’t want to use it for useless stuff and then end up in debt before you even graduate!
Here are some smart ways to spend your cashback check:
- Use it to pay off any outstanding debt you may have, such as credit card bills or other loans – it’s important to get your adult life off to a good financial start!
- Save it in a high-yield savings account or invest it in a 529 college savings plan, so you’ll have money when you need it and it will grow over time.
- Pay for educational expenses not covered by financial aid, such as books, supplies, or a laptop — you’ll need these things in school, so it’s a good idea to pay using a reimbursement check.
- Save for emergency expenses: You never know when you’ll need some extra cash.
- Return it to the lender – If you don’t need the extra money from your repayment check, it’s smart to return it to the lender. This reduces the amount you have to repay later, which means a lower interest rate on your loan.
Top Online Schools that Give Refund Checks
Now that you know what to expect, let’s take a look at some of the top online schools that give refund checks.
Ashford University
Ashford University is a private, for-profit online university based in San Diego, California. It offers over 80 degree programs at the associate, bachelor’s, master’s, and doctoral levels. Ashford University is accredited by the WASC Senior College and University Commission.
Ashford University offers a refund policy for students who drop out or withdraw from their courses. The refund policy varies depending on the type of program and the length of the course. For example, if a student drops out or withdraws from a course within the first week of the course, they will receive a full refund. If a student drops out or withdraws from a course after the first week but before the end of the third week, they will receive a 50% refund. Students who withdraw from a course after the third week are not eligible for a refund.
American Public University System
The American Public University System (APUS) is a private, for-profit online university based in Charles Town, West Virginia. It offers over 200 degree and certificate programs at the undergraduate and graduate levels. APUS is accredited by the Higher Learning Commission.
APUS offers a refund policy for students who drop out or withdraw from their courses. The refund policy varies depending on the type of program and the length of the course. For example, if a student drops out or withdraws from a course within the first week of the course, they will receive a full refund. If a student drops out or withdraws from a course after the first week but before the end of the second week, they will receive a 50% refund. Students who withdraw from a course after the second week are not eligible for a refund.
Capella University
Capella University is a private, for-profit online university based in Minneapolis, Minnesota. It offers over 140 degree and certificate programs at the undergraduate, graduate, and doctoral levels. Capella University is accredited by the Higher Learning Commission.
Capella University offers a refund policy for students who drop out or withdraw from their courses. The refund policy varies depending on the type of program and the length of the course. For example, if a student drops out or withdraws from a course within the first week of the course, they will receive a full refund. If a student drops out or withdraws from a course after the first week but before the end of the second week, they will receive a 75% refund. Students who withdraw from a course after the second week are not eligible for a refund.
Colorado Technical University
Colorado Technical University (CTU) is a private, for-profit online university based in Colorado Springs, Colorado. It offers over 100 degree and certificate programs at the undergraduate, graduate, and doctoral levels. CTU is accredited by the Higher Learning Commission.
CTU offers a refund policy for students who drop out or withdraw from their courses. The refund policy varies depending on the type of program and the length of the course. For example, if a student drops out or withdraws from a course within the first week of the course, they will receive a full refund. If a student drops out or withdraws from a course after the first week but before the end of the second week, they will receive a 75% refund. Students who withdraw from a course after the second week are not eligible for a refund.
Walden University
Walden University is a private, for-profit online university based in Minneapolis, Minnesota. It offers over 80 degree and certificate programs at the undergraduate, graduate, and doctoral levels. Walden University is accredited by the Higher Learning Commission.
Walden University offers a refund policy for students who drop out or withdraw from their courses. The refund policy varies depending on the type of program and the length of the course. For example, if a student drops out or withdraws from a course within the first week of the course, they will receive a full refund. If a student drops out or withdraws from a course after the first week but before the end of the second week, they will receive a 50% refund. Students who withdraw from a course after the second week are not eligible for a refund.
Conclusion
Students should take advantage of refund checks by using them to pay off outstanding debts, investing in their education, or saving for future semesters. It is important for students to budget wisely and to prioritize their expenses to ensure that they are able to cover the cost of tuition and other necessary expenses.
Overall, online colleges that offer refund checks can be a helpful resource for students, but it is up to the students to use them responsibly and to make smart financial decisions. By doing so, students can reduce their debt, improve their credit score, and set themselves up for success in their future careers.