Refund Policy for Students Who Withdraw Completely (Return of Title IV Funds)
This Refund Policy does not pertain to students who are dropping individual courses and are still in attendance at NCU.
If a student withdraws or is dismissed from North Central University, the University or the student may be required to return some of the federal funds awarded to the student. The student may also be eligible for a refund of a portion of the tuition, fees, room, and meal plan paid to North Central University for the semester. If the student received financial assistance from outside of the family, a portion of the refund may be returned to the grant, scholarship, or loan source from which the assistance was received.
If a student is withdrawing, the student should contact the North Central University Student Life Office, obtain the Student Withdrawal Form, and complete the appropriate steps. This procedure will enable North Central University to refund the maximum possible institutional charges.
North Central's Refund Policy exists for calculating the refund of institutional charges. The federal "Return of Title IV Funds" formula dictates the amount of Federal Title IV aid that must be returned to the federal government by the school and the student. The federal formula is applicable to a student receiving federal aid other than Federal Work Study if that student withdraws on or before the 60% point in time in the semester. The student may also receive a refund of institutional charges through North Central's refund policy. The amount of refund of institutional charges will be the greater of the amount the school must return to federal Title IV programs or the amount determined by North Central’s Refund Policy.
The following refund schedule will be applied for students who are either dropping/adding individual courses or students who withdraw completely from North Central University.
North Central's Refund Policy provides students who officially withdraw from the University a prorated refund of tuition, audit tuition, room, student services fee, technology fees, and parking according to the schedule below. Course fees and New Student Orientation Fees are non-refundable.
- During the first partial week of classes 100%
- Through Friday of the first full week of classes 100%
- Through Friday of the second full week of classes 75%
- Through Friday of the third full week of classes 50%
- Through Friday of the fourth full week of classes 25%
- Through Friday of the fifth full week of classes 25%
- After the fifth Friday of classes 0%