In this section

Policies

It will be helpful for you to be aware of these North Central policies as you and your family plan your finances and payment.

Late payment penalties schedule

All student payments are due by the date specified on your statement. Please let us know in advance how we can help you financially prepare for a successful school year. Late applicants are subject to the same late fee schedule as students currently enrolled.

Fine/actionDate applied to student accountApplies to active student accounts that meet these criteria:
$501st Monday after the financial clearance deadline (fall term only)Traditional students with a cumulative balance above $500
Online students with a cumulative balance above $0
Graduate students with a cumulative balance above $0
Students enrolled on a payment plan for the current term will not be fined
$100/ Financial hold placed on accountFirst day of classes
(fall, spring, & summer terms)
Traditional students with a cumulative balance above $500
Online students with a cumulative balance above $0
Graduate students with a cumulative balance above $0
$50September 15 (fall term)
February 15 (spring term)
June 15 (summer term)
Traditional students with a cumulative balance above $500
Online students with a cumulative balance above $0
Graduate students with a cumulative balance above $0
$50October 15 (fall term)
March 15 (spring term)
July 15 (summer term)
Traditional students with a cumulative balance above $500
Online students with a cumulative balance above $0
Graduate students with a cumulative balance above $0
$50April 15 (spring term only)Traditional students with a cumulative balance above $500
Online students with a cumulative balance above $0
Graduate students with a cumulative balance above $0
Enrollment hold placed on accountNovember 1 (fall term)
March 1 (spring term)
June 1 (summer term)
All student accounts that are not financially clear for the current semester

Payment Methods

Payment may be made by cash, check, cashier’s check, electronic funds withdrawal (EFT), debit card or credit card. Payment made by debit or credit card (Visa, Master Card, Discover, American Express, etc.) will be charged a 2.75% service fee; there is no additional fee for the other payment methods, as listed above. All payments can be made online through Colleague Self-Service.

Refund Policies

Refund policy for students dropping individual courses

View North Central’s official refund policy here.

View refund schedule here.

Refund policy for students completely withdrawing from NCU

If a student is withdrawing, the student should contact the North Central University Student Life Office (612.343.4451), obtain the Student Withdrawal Form, and complete the appropriate steps.

Students who completely withdraw or are dismissed from North Central University may need to have a financial aid refund calculation performed. Keep in mind, this is different than the institutional charges refund policy described on this page.

  • An institutional refund decreases your charges, meaning you owe less
  • A financial aid refund decreases your financial aid, meaning you have less financial aid to apply against your charges

If a financial aid refund calculation is performed, and the amount of federal aid that must be returned is larger than the amount of the institutional refund, then the amount of the institutional refund will be increased to match the amount of federal aid that must be returned.

Day 1-5 (1st Friday):100%
Day 6-12 (2nd Friday)75%
Day 13 and onNo Refund

 Until CensusAfter Census
Student Services Fee100%0%
Program Fees100%0%
Music Lessons100%0%
Online/Hybrid/DR Fees100%0%
Housing Refund PolicyProrated to used amountProrated to used amount
Meal Plan UsedProrated to used amount

North Central University provides students who officially withdraw from all their courses a prorated refund of tuition, audit tuition, room, student services fee, technology fee, and parking charges according to the schedule above. Course fees and the New Student Orientation Fee are non-refundable. This policy does not apply to students dropping individual courses.

Financial Policies

Delinquent Accounts

Students who fail to pay budget plan payments or other charges to their university accounts in a timely manner will be considered delinquent. In cases of delinquency, the following steps will be taken:

  • A hold will be placed on the account and the student will have an opportunity to resolve any balance outstanding.
  • If not resolved, future registration and release of transcripts will be on hold.
  • If the account continues to remain delinquent, it will result in a series of internal collections steps being initiated.
  • If still unresolved and a payment plan is not in place, it could lead to the account being placed with an external collection agency.

Board

A board plan, or meal plan, is required for all students living in residence halls. Students are required to comply with all board plan guidelines as outlined by Sodexo.

Fees

All course fees become non-refundable on the first day of classes of each semester.

Credit card payments

Tuition and certain fees paid by a credit/debit card will be assessed a 2.75% transaction fee. Other payment methods—cash, check, cashier’s check, or electronic funds transfer (EFT, also known as ACH transactions)—can be made without any additional fees.

Credit Balances

A refund for a credit balance from a student account will be issued within 14 days of the date the credit balance occurs. Refund of a credit balance from a student account may be processed after the entire sum of the school charges from the current and/or prior enrollment and authorized charges from the current and/or prior enrollment have been paid in full. All student refunds from the student account will be issued to the student unless a parent PLUS loan is involved.

Books

Textbooks can be purchased online. Textbooks that are charged to a North Central student account may require confirmation of financial registration. Textbook charges will be posted to the student’s account on Colleague Self-Service. An unpaid balance resulting from such a charge may incur late fees.