Refund Calculation Based on Traditional Semester-Length Courses

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Traditional Student-Semester Length Courses

All complete withdrawals are subject to a $100 withdrawal fee

COMPLETE WITHDRAWAL (DROP OF ALL COURSES)

Refund

FINANCIAL AID ADJUSTMENT

First day of class through 10th day of classes

100% refund of all tuition and fees

Loss of all University Aid.  Federal aid subject to federal return of funds calculation

Eleventh day through end of the 3rd week

75% refund of tuition. Housing charged by weeks used.  No refund of Student Fee or Course Fees

Entitled to up to 25% of University Aid.  Federal and State aid subject to federal return of funds calculation.

Within the 4th week of classes

50% refund of tuition. Housing charged by weeks used.  No refund of Student Fee or Course Fees

Entitled to up to 50% of University Aid.  Federal and State aid subject to federal return of funds calculation.

Within the 5th-7th week of classes

25% refund of tuition. Housing charged by weeks used.  No refund of Student Fee or Course Fees

Entitled to up to 75% of University Aid.  Federal and State aid subject to federal return of funds calculation.

Within or after 8th week of classes

Zero refund of tuition. Housing charged by weeks used.  No refund of Student Fee or Course Fees

Entitled to up to 100% of University Aid.  Federal and State aid subject to federal return of funds calculation.

All board (meal plan) charges are based on the number of weeks used. Withdrawal dates during the week are charged for the whole weeks’ usage.

 Refund Distribution: Students who withdraw from NNU and have received federal financial aid may be required to return all or part of that aid based on the percent of the semester in which the student is no longer enrolled. When a refund to federal programs is required, following is the refund distribution:

  1. Unsubsidized Federal Direct Loan
  2. Subsidized Federal Direct Loan
  3. Federal PLUS Loan
  4. Federal Pell Grant
  5. Iraq and Afghanistan Service Grants
  6. Federal Supplemental Educational Opportunity Grant (FSEOG)
  7. TEACH Grants
  8. Other Federal Sources of Aid
  9. Other State, Private or Institutional Aid
  10. Parents or other third party, and then the Student

Repayment of Unearned Aid: Students who receive federal financial aid and withdraw from NNU may be required to repay the federal government a percentage of their aid. This could potentially leave the student with a balance due to NNU.