Refund Information

Refunds are permitted only in the event of a credit on the student account. Refunds will NOT be made based upon the anticipation only of receiving loans, scholarships, or other payments. Refunds will be processed in accordance with regulations related to excess funds from the disbursement of federal Title IV grants and loans. If that person wishes to have the refund go to someone other than themselves, a written request must be made to inform the Bursar’s office who the payment should be made to.

Federal law requires the university to automatically refund any credit balance from a student account that was created by Title IV financial aid.  Title IV aid is Stafford, Perkins, and Plus loans as well as SEOG, Pell, and Contract grants.

Credit may remain on your account to be applied to the next semester charges if you indicate so in writing. However, this credit can only be held on the account during the academic year (loan period) it was awarded in.

If you at any time do not wish to keep a refund, please send the check back (or remit payment online) along with written consent to Bursar’s Office P.O. Box 398, Elon, NC 27244. Refunds cannot be applied back to your student account without this form signed and returned. For questions, please email bursar@elon.edu or call toll free 877-729-3566.

You may withdraw this authorization at any time. Upon such notice in writing, Elon will refund any excess back to you within 14 days.
 

Refund policies for undergraduate and graduate programs are as follows:

Academic Year— Fall and Spring Semester
Undergraduate, M.Ed.
Tuition and fees are refunded as follows:
• Students will receive refunds on a pro rata basis during the first eight weeks of the semester. Following is a table of pro rata charges:
1st week pro rata charge 5%
2nd week pro rata charge 10%
3rd week pro rata charge 40%
4th week pro rata charge 60%
5th week through 8th week pro rata charge 75%
9th week — no refund
• Room and board is refunded on a weekly pro rata basis.
• The deadline for refunds for art material fees will be the second week of the semester. No refunds will be given for materials that have been opened or used in any portion.
Exception to the above policy is as follows:

MBA- fall, spring and winter semesters
1st week pro rata charge 5%
2nd week pro rata charge 20%
3rd week pro rata charge 40%
4th week pro rata charge 60%
5th week pro rata charge 75%
6th week no refund

Doctor of Physical Therapy and Physicians Assistant Programs
Students will receive refunds on a pro rata basis during the first 13 weeks of each half of the academic year. The first half begins with the first day of classes in January. The second half begins with the first day of classes in July. Following is a table of pro rata charges:
Start of the period through the end of 3rd week 10% charge
4th week through the end of the 7th week 50% charge
8th week through the end of the 13th week 75% charge
14th week no refund
The acceptance deposit is nonrefundable.

JD - Fall and Spring Semester

Tuition and fees are refunded as follows:

Students will receive refunds on a pro rata basis during the first eight weeks of the semester. Following is a table of pro rata charges:

1st week pro rata charge 10%
2nd week pro rata charge 20%
3rd week pro rata charge 40%
4th week pro rata charge 60%
5th week through 8th week pro rata charge 75%
9th week — no refund

In order to be eligible for a refund upon withdrawal a student must notify the School of Law’s Associate Dean for Administration in writing of his/her intentions. The student must also check out with the financial planning and bursar’s offices.  The effective date of withdrawal is determined by the School of Law’s Associate Dean for Administration. Refunds are calculated as of the date of withdrawal specified by the School of Law’s Associate Dean for Administration.

Interactive Media

• Students will receive refunds on a pro rata basis during the first eight weeks of the semester. Following is a table of pro rata charges:
1st week pro rata charge 5%
2nd week pro rata charge 10%
3rd week pro rata charge 40%
4th week pro rata charge 60%
5th week through 8th week pro rata charge 75%
9th week — no refund

Winter Term*
Students who end enrollment during the second or third day of classes of winter term will receive a 90 percent refund of tuition and room charges. Students who end enrollment during the fourth or fifth day of classes of winter term will receive a 50 percent refund of tuition and room charges. Students who end enrollment during the sixth or seventh day will receive a 25 percent refund of tuition and room charges. There will be no refund after the seventh day of classes.
*Upon withdrawal, meal plan refunds are prorated.

Summer School
1st day of class................................................100%
2nd day of class................................................90%
3rd day of class ................................................50%
4th, 5th, 6th day of class ..................................25%
7th day of class ........................................no refund

MBA Summer Sessions
In the summer sessions, enrollment dropped by 4 p.m. on the days listed
below will warrant the corresponding refund:
1st day of class................................................100%
2nd day of class................................................90%
3rd day of class ................................................50%
4th, 5th, 6th day of class ..................................25%
7th day of class ........................................no refund

MEd Summer Sessions
In the summer sessions, enrollment dropped by 4 p.m. on the days listed
below will warrant the corresponding refund.
1st day of class................................................100%
2nd day of class................................................90%
3rd, 4th, 5th day of class ..................................50%
6th, 7th, 8th, 9th day of class ............................25%
10th day of class ......................................no refund

Notice of Withdrawal
In order to be eligible for a refund upon withdrawal a student must notify the Associate Dean of Student Life in writing of his/her intentions. The student must also check out with the financial planning and bursar’s offices. Refunds are calculated as of the date of withdrawal specified by the Dean of Student Life. Medical withdrawals will be handled on a case-by-case basis. Students and parents who believe circumstances warrant an exception from the published policy must appeal to Mr. Gerald Whittington, Vice-President for Business, Finance, and Technology Room 107, Alamance Building.