NSU Disclosure

Standard University Resignation Refund Policy

For students resigning: The date that a student officially resigns from the University determines whether fees are refunded. A student who officially resigns from the University after early registering for classes for a fall or spring semester may obtain a fee refund (or not be charged for classes) according to the following schedule:

DATE OF RESIGNATION AMOUNT OF REFUND
On or before the last day of Regular Registration 100%
First through the Seventh day of Classes 75%
Eighth through the Twelfth day of Classes 50%

Students who fail to cancel or resign from classes according to the above schedule will be charged for all fees associated with their registration. Once students enroll for classes, they must resign in accordance to the above schedule in order not to be assessed registration fees.

Add/Drop Fee Adjustment: Students who apply for and are permitted a reduction in hours scheduled during the first seven class days (two class days in Summer) will be issued a full refund of the per credit hour fee for the number of hours dropped and applicable student self-assessed fees. No refunds will be issued for a reduction in credit hours after the seventh day. Students who add classes during the schedule adjustment period are required to pay the additional fee assessment in accordance to the fee payment schedule.

The following charges are non-refundable: Health Services Fee, Parking Permit Fee, Installment Plan Charge, Late Payment Charges, Late Registration Fee, University Fines, Bookstore Charges, ID Replacement Charges, Credit Exam Fees, and the Application Fee. Housing charges are reduced by the Housing Office based on the studentˇ¦s check-in and check-out dates. Meal Plan charges are reduced by Auxiliary Services based on the unused portion of the meal plan. Student insurance is refundable only if requested in writing to the Health Services Office within the first two weeks after the opening date of the regular semesterˇ¦s registration with submission of proof of coverage under another policy.

Courses dropped with a grade of "W" are not refundable at any time and will not be credited to a student's account. In some cases, the refund policy will result in a reduction of charges and not a "cash" refund.

RETURN OF TITLE IV FUNDS -- A student who withdraws or otherwise terminates his or her enrollment during the first 60% of the semester or session, and receives financial assistance from Title IV programs (Federal Pell Grant, Federal Supplemental Education Opportunity Grant, Leveraging Educational Assistance Partnership Program, Federal Perkins Loan, Federal Stafford Loan, and Federal PLUS Loan) earns Title IV funds in direct proportion to the length of time he or she remains enrolled. The percentage of time during the period that the student remained enrolled is the percentage of disbursable aid for the semester/session that the student earned.

The percentage of the period that the student remained enrolled is derived by dividing the number of days the student attended by the number of days in the semester/session. Calendar days are used, but breaks of at least five concurrent days are excluded from the calculation. The Title IV program reimbursement monies will be withheld from any institutional refunds (tuition, room, board, fees, and etc.) due the student. If these monies
are not sufficient to cover the reimbursement required, the student will be billed for the remaining amount. Failure by a student to comply with this Return of title IV Funds Policy will make such student ineligible to participate in any Title IV aid program from any post secondary institution until the student is in compliance with Return of Title IV Funds.

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