Student Refunds Process

Student Refunds

The purpose of student refunds is to reimburse students for monies paid in excess of tuition and fees.  Students can receive refunds in one of the following ways: by direct deposit or by a paper check mailed to the mailing address on file.  

CLICK HERE TO DOWNLOAD AND PRINT A DIRECT DEPOSIT FORM.

Student Refunds

A student is entitled to a refund when the account is overpaid and a credit balance is created.  A credit balance can be created from Pell Grants, Direct loans, plus loans, alternative loans, grants, scholarships, or cash payments.  All refunds are considered general refunds. 

Parent Plus Refunds

Any refund generated by a Parent Plus loan is disbursed by mail to the applicant of the loan.  The only exception is in situations where the parent has elected for the student to receive the refund within their loan application. Contact the Financial Aid Office for additional information. 

Refunds for Official Withdrawals

Students who wish to drop ALL courses for which they are registered must withdraw from the university prior to the first day of classes to avoid academic or financial responsibility.  Any student who withdraws from ALL of their courses (Official Withdrawal) may be entitled to a refund for paid tuition and fees dependent on the date of their withdrawal. 

Withdrawal Dates Refund Percentage
Week 1 90%
Week 2 50%
Week 3 50%
Week 4 50%
Week 5 25%
After Week 5 0%

Students who are awarded Federal Financial Aid and choose to withdraw will also be subject to the Return of Title IV Funds Policy.  This may result in an unpaid balance due to the university.  Federal Title IV Aid includes Stafford Loans, Perkins Loans, PLUS Loans, Pell Grants, and SEOG Grants among others.

Refund Schedule - Fall 2014

  • Full-Time Students - August 25, 2014
  • Part-Time Students - September 12, 2014
  • First-Time Borrowers - September 26, 2014

*The above dates are dependant on all funds being applied to the student account 5 business days prior to the refund date*