Refund Policy
When considering the refund of excess funds on a student’s account, the University must have received all deferred sources of payment necessary to pay the account in full. These include outside scholarships and grants, subsidized and unsubsidized student or parent loans, monthly payment plans, and any other sources of deferred payments upon which the student’s registration was based.
Withdrawal Credit and Refund Policy
A student who withdraws from Franciscan University or from resident status at the University will not be entitled to any credit of charges unless an official withdrawal has been received in the Enrollment Services Department. An official Withdrawal Form must be fully completed by the student, dated, and signed by all designated official and the Registrar. Students dismissed or suspended by the University for disciplinary reasons will not be entitled to a refund.
When a student drops a course or changes from full-time to part-time status, the University will refund 100% of the difference of tuition charges up to the add/drop deadline (typically through the second Wednesday of the fall and spring on-ground semesters - see the university calendar for add/drop deadlines of online and non-traditional terms). After the add/drop period, there will be no refunds unless the student completely withdraws from school. Tuition and fee charges for complete withdrawals after the add drop deadline will be prorated by number of days attended through the 10th week of the semester which is 60% of the class period.
The official enrollment status of each student will be determined at the end of the add/drop period, and financial aid will be adjusted accordingly.
Federal-Title IV Financial Aid
If a refund is due a student under the University’s refund policy and the student received any Title IV aid, the refund must be returned by the University to the Title IV program(s).
University Aid
If a student withdraws from the University during an academic term, the amount of University administered aid that will be recovered from the student is subject to the University’s tuition refund policy.
See www.franciscan.edu for additional information and notifications.