Refund Policy* & Direct Deposit

Student Accounts' Policy on the Reduction of Charges*

* To be compliant with our VA Principles of Excellence Agreement, students who receive veteran funding will have their tuition and fee charges adjusted to match their unearned financial aid. 

(Fall and spring semesters only)

Undergraduate students must notify the Student Success office or the Registration & Records Office (graduate students notify the Registration & Records Office) in person, in writing, or by telephone of their intention to withdraw from an individual course, all classes for the semester, or the program. Reduction of tuition charges will be determined by this date of notification. Continued class attendance or academic contact after this date will cause this later date to be considered as the official withdrawal date. Dates for determining reduction of fall and spring tuition charges are as follows:

  • Withdrawal within the 1st week of classes - 100% reduction
  • Withdrawal within the 2nd week of classes - 90% reduction
  • Withdrawal within the 3rd week of classes - 80% reduction
  • Withdrawal within the 4th week of classes - 50% reduction
  • Withdrawal within the 5th and 6th week of classes - 25% reduction

For full-time undergraduate students, the first Friday of the semester is the last day to reduce credit load (drop from full-time to part-time) without full tuition liability.

Receive Your Refund through Direct Deposit

Student Accounts partners with Nelnet Business Solutions for the processing of student refunds and emergency advances. Nelnet offers several refund options including direct deposit right into your bank account:

  1. Go to NazNet Self-Service
  2. Go to Student Finance
  3. Pull down on Menu bar > Student Finance > select "Payments, Payment Plans & Refunds (Nelnet)"
  4. Proceed to Processor
  5. Review your address information and scroll to bottom of page and click Next
  6. Select "Manage My Refunds"
  7. Enter your direct deposit information (bank account & routing number)
  8. Select "Save"

Please follow the Nazareth Refunds link to learn how to register as well as to learn more about the refund options.

Housing and Food and Prorated Costs

For students moving off campus or withdrawing, reduction of housing charges is based on the day the room is cleaned out and the room key turned in. Housing charge reduction is calculated the same as tuition. There is no housing liability for residents who withdraw or move off campus during the first week of the semester.  There is no reduction in housing liability after week 6.

All meal plans will be adjusted pro-rata based on the cancellation date. For all meal plans, no reduction is granted after the sixth week of the term. There is no meal plan liability for students who withdraw during the first week of the semester.  Flyer meal plans are not pro-rated when added after the semester  has started. 
Note: Nazareth University scholarships and grants are prorated using the same reduction schedule as tuition.

Recipients of federal student aid who withdraw from all classes in a semester (term withdrawal) earn eligibility for federal student aid on a daily proportional basis until 60% of the semester has passed. All days during the semester (except for breaks of 5 days or more and their attendant weekends) are counted. If a student has not earned all of their federal assistance, funds are returned to federal programs in the following order: Federal Direct Unsubsidized Loans, Federal Direct Subsidized Loans, Federal Perkins Loans, Federal Direct PLUS Loans, Direct Graduate PLUS Loans, Federal Pell Grants, Federal SEOG, Federal TEACH Grant, other Title IV assistance.

No reduction in tuition, housing and food, or course fees is made in the case of late entrance, absence, or dismissal.

Except for certain refunds involving Direct Parent Plus Loans, refunds will be processed to the student.

 

Summer 2024 Reduction in Liability Schedule*

Summer A, May 20 - June 27, 2024
Date of Withdrawal Reduction
on or before May 24 100% tuition reduction
on or before May 29 90% tuition reduction
on or before May 31 80% tuition reduction
on or before June 5 50% tuition reduction
on or before June 7 25% tuition reduction
after June 7 No tuition reduction
Summer B, July 1 - August 8, 2024
Date of Withdrawal Reduction
on or before July 5 100% tuition reduction
on or before July 10 90% tuition reduction
on or before July 12 80% tuition reduction
on or before July 17 50% tuition reduction
on or before July 19 25% tuition reduction
after July 19 No tuition reduction