Tuition Refund Policy

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Refunds are processed according to the following Refund Schedule for those who withdraw or are expelled. Withdrawals may be communicated by students in any manner; however, Smartly Institute strongly recommends submitting requests in writing to to ensure timely processing. Tuition refunds are processed within 30 days of receipt of the refund request.

Students who are dismissed from Smartly may receive a refund by contacting within 30 days of dismissal according to the following schedule:

Progress Benchmark Tuition Refund Percentage Tuition retained by Smartly
Prior to beginning any of the concentrations listed below 100% 0%
Before completing one concentration 90% of tuition 10%
After completing one concentration but before completing two concentrations 75% of tuition 25%
After completing two concentrations but before completing four Concentrations 50% of tuition 50%
After completing four Concentrations 0% 100%

The concentrations referenced in this refund policy are the following:

  • Accounting
  • Markets & Economies
  • Data & Decisions
  • Leading Organizations
  • Marketing & Pricing
  • Strategy & Innovation
  • Finance
  • Operations Management

Students may complete all of Business Foundations without penalty.

Refund amounts are based on the total amount of tuition owed upon enrollment. If a student has paid in full, or has paid more than the tuition amount to be retained by Smartly, he or she is eligible for a refund amount based on the schedule above. 

For example: If a student has paid the full tuition of $9,600 and has completed the accounting concentration, but nothing else, according to the schedule above, he or she is eligible for a refund of 75% of tuition, or $7,200. 

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