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Refund and withdrawal policy Refunding dropped courses Tuition and required fees will be reduced in the case of drop or complete withdrawal from Northwest as follows: Refund/Reduction

Full Trimester Courses

Block Courses

Single Session Summer Courses

100%

1st Week

3 Days

1 Day

75%

2nd Week

2 Days

1 Day

50%

3rd Week

3 Days

1 Day

25%

4th Week

2 Days

1 Day

Other time frames prorated accordingly.

Room and board

Refund procedures

In the case of withdrawals, room charges will be reduced using the same percentage reduction as tuition above. The Board cost will be $100 weekly plus a $100 processing fee. Any unused dining dollars will be refunded.

Refunds are processed weekly. Direct deposit of student refunds is required. To set up direct deposit of student refunds, log into the account/payment center through your CatPAWS account. Click the eRefunds tab and complete the refund account setup.

Return of Title IV Federal Student Aid This requirement applies to you ONLY if: 1. You received federal student aid, and 2. You are withdrawing prior to completing 60% of the trimester The federal law requires federal aid recipients to “earn” most of the aid they receive. Students who withdraw prior to completing 60% of the trimester will be required to return some of the aid they were awarded. The university must calculate the amount of aid earned based on a calculation determined by the federal government. This means a portion of your student loans and grants will be returned and you will have an outstanding balance owed the University. If you consider withdrawing for any reason, please meet with a Financial Aid Counselor first to determine the financial impact.

Direct deposit remains active until deleted in the account/payment center in your CatPAWS account. Currently, direct deposit is available only for student refunds. Refunds resulting from Parent Plus loan proceeds are mailed to the parent who originated the loan. If direct deposit is not activated, refunds will be mailed to the student’s local address which will take up to a week longer to receive. Any charges occurring after the refund is processed is expected to be paid monthly as they are billed.

Money does matter 2013  

Northwest Missouri State University, Money does matter brochure 2013

Money does matter 2013  

Northwest Missouri State University, Money does matter brochure 2013

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