Refund types are linked with students; they create categories for all who differ in terms of their refund policy (e.g., “first-time freshmen” as opposed to “continuing students”). Designating the Refund Type in a Student Status record tells CAMS which policy to apply. Students possess a status record for each registered term and thus these refund type values are term specific. Upon dropping courses or withdrawing from school, CAMS matches the registration term to the status term to obtain the appropriate value.
The refund definition is laid out in Refund Groups.
To assign a refund type: