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Policy

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

Financial registration policy and fees

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.

Important Dates: Fall 2020

  • LIVE! – Fall billing is now live and account balances can be viewed through Colleague > Student Finance
  • LIVE! – After our first billing in early June all balances are live through Colleague Self-Service
  • Mid-July – Ram Plan, North Central’s payment plan, enrollment opens
  • July 1- Try to have all alternative loans applied by this date
  • August 12 – Final Payment Deadline
  • August 17 – Initial $100.00 late fee will be applied to the student’s account for late payment

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 the student’s skyline account.

Refund Policies

Refund policy for students dropping individual courses

North Central University provides students who officially withdraw from individual courses a prorated refund according to the following schedule. Course fees are non-refundable. This policy doesn’t apply to students who are completely withdrawing from NCU.

Day 1-12 (2nd Friday):100%
Day 13-19 (3rd Friday)75%
Day 20-26 (4th Friday):50%
Day 27-33 (5th Friday):25%
Day 34 and onno Refund

Refund policy for students completely withdrawing from NCU

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 below. Course fees and the New Student Orientation Fee are non-refundable. This policy does not apply to students dropping individual courses.

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 Policy100%Prorated to used amount
Meal Plan UsedProrated to used amount

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.

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 Pioneer College Caterers, Inc.

Fees

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

Credit card payments

Effective June 4, 2017, 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 through skyline and the Campus Store. Textbooks that are charged to a North Central student account may require confirmation of financial registration. Payment for textbook charges will be accepted in the Student Accounts Office at North Central no later than the end of the month in which the charge occurs. An unpaid balance resulting from such a charge is subject to a service charge.