Tuition Costs

Other potential and variable costs include, but are not limited to: tuition increases, books and educational supplies, State or National licensing and examination fees, and participation in certain student events and activities.

Financial Aid
WMI offers financial aid in the form of Federal Direct and Federal Direct Plus student loans. WMI also has state approval for veterans' benefits (Veterans Administration Education Entitlement VA 21-4255). No person in default on a loan certified by WMI will receive transcripts or records of course work. The financial aid process requires at least two months to complete, so students must complete their Financial Aid application by each semester filing date deadline. Each student that participated in the financial aid program must follow a set of guidelines. These guidelines are available upon request. An exit interview is also required of those who receive financial aid. For exit interview, please CLICK HERE

Financial Aid Satisfactory Academic Progress Policy

In addition to maintaining a minimum grade of "C" in each of your classes, you must also be making satisfactory academic progress toward a degree or certificate in order to continue to receive federal financial assistance from WMI. Terms in which a student did not receive financial aid are included in our review in determining SAP for financial aid eligibility. Failure to meet these standards may impact your future eligibility for financial aid. Please review SAP policy in Student Handbook or CLICK HERE or to appeal CLICK HERE

Payment Policy
Students must pay for each semester of the program, irregardless of hours earned. In the case of a medical or family emergency, students may within the next semester make up the hours without paying for an additional semester. Full semesters tuition is due two weeks before the first day of the semester, otherwise a $20 administration charge will be due and a 1% administrative charge will be assessed monthly on the unpaid balance. All other fees must be paid at the time required or agreed upon. Any student who has an overdue and outstanding financial obligation to the WMI will not be allowed to register for a new semester of instruction or to participate in clinical training program.

Refund Policy
A percentage of tuition will be refunded to students who formally withdraw, based on the approval date of the formal withdrawal letter. There is an automatic Cancellation and Withdrawal Fee of $35.00 per course. A student who has registered for a course but arrives after one or more classes have been held, may not be granted a refund if the student’s attendance results in that student acquiring credit for that course. Refunds will be issued within 30 business days after the receipt of the formal withdrawal letter.  Less the nonrefundable application fee, the following percentage will be returned:

      
Students who change their registration from the enrollment level that their award was made may be required to repay all or part of the financial aid received. A recalculation of award based on Federal guidelines will be done to determine if an over award exists. Financial aid over award repayments will be made in accordance with Federal guidelines.

Students who completely withdraw will have all or part of their refund applied first to any Title IV financial aid received in the following order (according to Federal regulation): Federal Direct Loan, Federal Dirtect PLUS Loan, and other sources of Federal aid. Any remaining funds will be returned to the State, Institution, and student in that order.

Continuing students who withdraw within the tuition refund period will have their refunds calculated according to the Institution Refund Policy listed in the school catalog. Per the 1992 Higher Education Amendments, WMI must calculate a Pro-Rata refund for first time students who received Title IV funds if the student withdraws on or before the 60% point of the enrollment period. To determine the largest refund to the student, WMI will compare the Institutional Refund formula with the Pro-Rata Refund formula (in accordance with federal regulations).

For students whose funding source is the Department of Veteran Affairs, refunds are calculated as the difference between the total tuition and other charges less 10% above the exact pro rata portion of the tuition fees, and other charges that the length of the completed portion of the course bears to its total length. The exact proration will be determined on the ratio of the number of days of instruction completed by the student to the total number of instructional days.