Financial Policies
The following financial policies apply to all IAU study abroad campuses and programs:
Aix-en-Provence, France
Barcelona, Spain
Florence, Italy
January Term Traveling Seminars
Madrid, Spain
Tangier, Morocco
Virtual Experience Programs
PROGRAM FEES
Program Fees vary by program, location, and term, so we encourage you to visit the Program Fees page. For information on making payments to IAU, payment options, and deadlines, please visit our Payments Page. All students participating in IAU programs are held to IAU's financial policies. Students participating in IAU programs through 3rd party organizations (ie: CEA, ASA, etc) are held to that organization's financial policies. Failure to comply with these policies may impact student participation in the program as well as the ability to receive an official transcript.
ENROLLMENT DEPOSITS
Students are responsible for an enrollment deposit due with their application upon admittance: $1,000 for semester and summer programs; $1,500 for J-Term programs; $250 for virtual programs. This deposit will be applied to the overall program cost and will appear on students' invoices.
PROGRAM TERM |
PAYMENT DEADLINE |
Academic Year and Fall | May 15 |
J-Term and Spring | October 15 |
Summer | April 1 |
Please see the Cancellation Policies section below for additional information regarding deposit refunds.
CANCELLATION POLICY
To cancel enrollment in a program, applicants - or their sponsoring institution - must send an email to enroll@iau.edu outlining the reasons behind the cancellation. Until receipt of this written confirmation of cancellation, the student will still be considered enrolled and will be withheld from the financial policies outlined below.
FINANCIAL POLICIES FOR CANCELLATION
Financial policies related to student cancellation are as follows:
Program Start Date refers to the Arrival Date listed on the Academic Calendars page for the Early Start Program.
Student Cancellation:
- 30 days or more prior to the program start date: no penalty
- Within 29 days of the program start date: $250 penalty
Program Start Date refers to the Arrival Date listed on the Academic Calendars page. NOTE: If you are enrolled in the Early Start Program, Program Start Date refers to the Early Start Program Arrival Date as listed on the Academic Calendars page.
Student Cancellation:
- After May 15: enrollment deposit is nonrefundable
- Between 29-15 days prior to the program start date: enrollment deposit and 25% of total program cost is nonrefundable
- 14 days or less prior to the program start date: enrollment deposit and 50% of total program cost is nonrefundable
- As of program start date or after: no refunds
Spring Semester/Academic Year Applicants:
Program Start Date refers to the Arrival Date listed on the Academic Calendars page. NOTE: If you are enrolled in the Early Start Program, Program Start Date refers to the Early Start Program Arrival Date as listed on the Academic Calendars page.
- After October 15: enrollment deposit is nonrefundable
- Between 29-15 days prior to the program start date: enrollment deposit and 25% of total program cost is nonrefundable
- 14 days or less prior to the program start date: enrollment deposit and 50% of total program cost is nonrefundable
- As of program start date or after: no refunds
Program Start Date refers to the Arrival Date listed on the Academic Calendars page.
Student Cancellation:
- After April 1: enrollment deposit is nonrefundable
- Between 29-15 days prior to the program start date: enrollment deposit and 25% of total program cost is nonrefundable
- 14 days or less prior to the program start date: enrollment deposit and 50% of total program cost is nonrefundable
- As of program start date or after: no refunds
Program Start Date refers to the Arrival Date listed on the J-Term Program page.
- After October 1: enrollment deposit is nonrefundable
- Note: If the student is waitlisted for their chosen program or their chosen program is cancelled and they do not wish to enroll in a different available J-Term program, the enrollment deposit will be refunded.
- Between 45-15 days prior to program start date: enrollment deposit and 25% of total program cost is nonrefundable
- 14 days or less prior to the program start date: enrollment deposit and 50% of total program cost is nonrefundable
- As of program start date or after: no refunds
Program Start Date is the official start date published on the Virtual Semester or Virtual Summer Experiences page.
Student Cancellation:
- 15 days or more prior to the program start date: no penalty and refund of enrollment deposit
- Within 14 days of the program start date: enrollment deposit and 25% of total program cost is nonrefundable
- As of program start date or after: no refunds
DEFERRALS/TRANSFER OF MONIES PAID
EXCEPTIONS
Exceptions for illness, accident, or anything else out of the control of the student can be made. A written explanation along with supporting documentation must be sent to IAU's Office of Admissions. Their decision is final.