Many of you have asked if Samford will offer refunds or credits for pre-paid room and board charges for the time the campus is closed to students this semester due to the COVID-19 crisis. I want to confirm for our students and parents that Samford is fully committed to offering pro-rated room and board refunds or credits to all eligible students.
Coming up with a fair refund or credit for all is complicated by many variables and factors, including but not limited to:
- Implications of the federal CARES Act of 2020
- Samford housing venues that cost different amounts
- A variety of meal plan options that cost different amounts
- Financial assistance plans
- Federal loan program guidelines
- Insurance coverages and other factors
We want to ensure that room and board refunds and credits are fair to all parties concerned so these factors, among others, must be carefully considered. Samford’s leadership is especially sensitive to understanding the implications to students’ future financial aid packages. Likewise, it is imperative that Samford prudently manage its resources during this crisis to both allow for the refunds and credits, and ensure the ongoing operations of the university.
As we continue to work through the many details, please know that a plan for the pro-rata refund or credit of room and board fees will be forthcoming soon. I thank you for your patience and understanding during this extraordinary time. Be sure to visit our coronavirus FAQ website for answers to many questions. If you have other questions, please send them to email@example.com.
Take care… Buck