The Stern Center has committed significant resources to meet the needs of students by guaranteeing instructional times and individualized instructional programs. For this reason, full or partial withdrawal during the semester will result in a pro-rated decrease of the fee paid, less a $100 administrative charge. No refund will be made for the first semester after November 1 or the second semester after March 28th. Exceptions to this withdrawal policy may be arranged on a case-by-case basis.