Fee Adjustments - Notice to All Students Just this week, Austin Peay received information that the Tennessee Board of Regents has revised, effective Fall 2007, how refunds and fee adjustments are calculated. We want to inform students as soon as possible about this change. Only students taking more than fulltime hours who adjust their schedules below fulltime hours during the fee adjustment period(s) are affected by the new procedures. Undergraduate students taking more than 12 hours benefit because Austin Peay’s tuition and fee calculations are capped at 12 hours – meaning that students who register for more than 12 hours are not charged any additional tuition or fees. Under the revised guidelines, undergraduate students who register for more than 12 hours and subsequently drop to less than 12 hours or withdraw from the University during a fee adjustment period will be charged a prorated fee for the dropped hours. For example, consider a student who registered for 15 hours and then dropped to nine hours during the 75 percent fee adjustment period. The adjusted student fee will be nine hours at the full rate per hour and 6 hours at 25 percent of the per hour rate. The difference in this calculated tuition and fee amount and the original amount of tuition and fees charged would be the refund to the student. It is possible that certain adjustments in hours will not result in a refund after the fee adjustment calculation. This revision results in a small fee for classroom spaces committed to students who dropped the class, thus possibly preventing another student from being able to register for that class. Graduate students taking more than 10 hours are not charged any additional tuition or fees. They also benefit from the capping of tuition and fees calculation. The same procedures outlined above apply to graduate students who register for more than 10 hours and subsequently drop to less than 10 hours or withdraw from the University during a fee adjustment period. Should you have questions, or need additional information, please contact the Business Office, which is located in the Browning Building, at (931) 221-7671