NLU Withdrawal & Refund Policy
Withdrawal from a Course
This policy applies to students who withdraw from one or more courses but do not withdraw from all coursework for a term. Courses from which a student withdraws on or prior to the last day of the designated drop period will have an indication of drop entered in the student system. Drop periods are set by University policy and are based on the student type and level. Students will receive a full refund of the tuition charge for all courses with a drop designation. Students who withdraw from a course(s) after the drop period will receive a "W" grade and will not receive a tuition credit unless the student completely withdraws from the University. For more information regarding when a "W" grade applies, see the Registration and Credit section of the NLU catalog.
Withdrawal from the University
For refund purposes, a student is determined to have withdrawn from the University when that student drops or withdraws from ALL coursework for a term. National Louis University adheres to a fair and equitable refund policy for students who withdraw from the University.
In order to obtain a refund, the student must officially withdraw in writing through the Office of Admissions and Records. In states that have a Consumer Right-of-Rescission Law, the University abides by the state law. To receive a full refund, the student must execute the Right-of-Rescission Law within three business days of signing the enrollment agreement and prior to the first class session.
- Withdraw prior to the start of the term: 100% refund
- Withdraw during the first week: 100% refund
- Withdraw during the second week: 80% refund
- Withdraw during the third week: 70% refund
- Withdraw during the fourth week: 60% refund
- Withdraw during the fifth week: 50% refund
- Withdraw during the sixth week: no refund
Refunds for withdrawals from non-standard terms are determined by how much of the term a student completes. Refunds are issued up to a 50% completion rate after which the student is responsible to pay for all of the tuition charges incurred for the coursework he/she is registered for. The percentage of the term a student completes is used to calculate the tuition charges he/she is responsible for and that amount will be prorated to the nearest 10%. For example, a student who completes 27% of a course and then withdraws will be charged 30% of the tuition costs and 70% will be refunded. Students in terms that are longer than 14 weeks in length with all courses in the term scheduled sequentially will receive a 100% refund for the tuition of a course that was not scheduled to begin until after the date of withdrawal and will be charged full tuition for any courses currently occurring or completed prior to the point of withdrawal.
Policy for Issuing Cash Refunds to Financial Aid Students
National-Louis University applies financial aid to billing accounts by term and does so after the last day that a student is allowed to add courses or drop courses without penalty for the respective term.
For students taking courses on the traditional quarter calendar, previously awarded financial aid, excluding loan funds, is credited to charges during the third week of classes. From that point forward, financial aid is posted on a rolling basis as financial aid awards are processed. Loan funds are posted to student accounts within three business days of receipt from the lender. Lenders do not forward funds prior to the first day of the third week.
For students participating in field-based programs offered on a non-traditional calendar, financial aid, excluding loan funds, is disbursed on the later of the first day of class for a term or the date that the award is processed. Lenders forward loan funds beginning with the second week of classes. Note: funds are not received from a lender for at least 10 days from the date that the University's Student Finance Office receives the Loan Authorization Form. Additionally new borrowers must have returned a Master Promissory Note to the lender.
If the application of financial aid or other resources to a student's account results in a credit balance (excess cash), a refund check is issued to the student. The University's goal is to process refund checks twice weekly but never later than 14 days after the date that the credit balance occurs.
Note: Funds are not received from a lender for at least 10 days from the date that the University's Student Finance Office receives the Loan Acceptance Form from the student. Additionally, new borrowers must have completed and returned a Master Promissory Note to the lender before the lender will release loan funds.
If the application of financial aid or other resources to a student's account results in a credit balance, a refund check is issued to the student. The University's goal is to process refund checks twice weekly but never later than 14 days after the date that the credit balance occurs.
In general, institutional aid can only be applied to NLU tuition charges and is not refundable to students. The combination of all restricted grants, scholarships and vouchers is capped at a maximum of tuition and fees.
Withdrawal Policy Effective Summer Term 2012:
Dropping a Course:
Requests to drop classes are processed through the Academic Advising Center. Students must officially drop in writing. These requests can be submitted via email to advising@nl.edu from your NLU portal email account or you can submit the Drop/Add form. Questions about dropping courses can be directed to 888-NLU-TODAY (658-8632) option 2.
Students who drop classes prior to the start of the term or during the first week of class will not be charged for the course(s). Students who are enrolled in workshops must drop the class at least one day prior to its scheduled start date to receive a tuition refund. If the request to drop the workshop is received after the course start date there will be no tuition refund.
After the first week of class, students who withdraw from a course(s) will receive a "W" grade and will not receive any tuition refund unless they completely withdraw from the University. Drop periods are set by University policy and are based on the student type and level. For more information regarding when a "W" grade applies, see the Registration and Credit section.
Withdrawal from the University:
For refund purposes, a student is determined to have withdrawn from the University when that student drops or withdraws from ALL coursework in a term. National Louis University adheres to a fair and equitable refund policy for students who withdraw from the University. In states that have a Consumer Right-of-Rescission Law, the University abides by the state law. To receive a full refund, the student must execute the Right-of-Rescission Law within three business days of signing the enrollment agreement and prior to the first class session.
After the first week of the term, a student must withdraw from all of his/her courses to be eligible for a tuition refund.
Please note that a student may have courses in a term that fit more than one of the policies noted below. Proration policies are specific to the length of each course.
Classes that are ten, eleven, or twelve weeks long:
For students enrolled in classes ten, eleven, or twelve weeks long the tuition is prorated on the following basis:
|
Withdraw prior to the start of the term: |
100% refund |
|
Withdraw during the first week: |
100% refund |
|
Withdraw during the second week: |
80% refund |
|
Withdraw during the third week: |
70% refund |
|
Withdraw during the fourth week: |
60% refund |
|
Withdraw during the fifth week: |
50% refund |
|
Withdraw during the sixth week or later: |
no refund |
Classes that are five and six weeks long:
For students in classes that are between five and six weeks long the tuition is prorated on the following basis:
|
Withdraw prior to the start of the term: |
100% refund |
|
Withdraw during the first week: |
100% refund |
|
Withdraw during the second week: |
70% refund |
|
Withdraw during the third week or later: |
no refund |
Classes that are four weeks or shorter*:
For students in classes that are four or fewer weeks the tuition is prorated on the following basis:
|
Withdraw prior to the start of the term: |
100% refund |
|
Withdraw during the first week: |
100% refund |
|
Withdraw during the second week or later: |
no refund |
*Please note that students who are enrolled in workshops must drop the class at least one day prior to its scheduled start date to receive a tuition refund. If the request to drop the workshop is received after the course start date there will be no tuition refund.
Non-standard length terms:
For students in non-standard term classes (classes that are longer 12 weeks) the refund is determined by the percentage of the term completed. Refunds are issued up to a 50% completion rate after which the student is responsible for all of the tuition and fee charges incurred. The percentage of the term completed is rounded to the nearest 10%.