Students who withdraw on or before the first day of classes are provided with a full refund of all of their tuition. Thereafter a student who withdraws before the completion of ten percent of the time for which he was charged will be refunded ninety percent of his tuition charges. Students withdrawing after the ten percent mark but before the end of the first twenty five percent of the enrollment period will be refunded fifty percent of tuition charges. Students withdrawing between the end of the first twenty five percent of classes and fifty percent of the enrollment period will be refunded twenty five percent of tuition charges. Students withdrawing after this period are not entitled to any refunds. Under no circumstances will refunds exceed the total amount of tuition collected for the student’s account.