All dropped courses are subject to the refund schedule. See academic calendar for NUNM add/drop deadlines.
If a student finds it necessary to withdraw, either from NUNM or from specific courses, the following policies apply:
- The application fee, submitted with the initial application for acceptance into NUNM, is nonrefundable.
- The acceptance deposit fee will be forfeited if the student withdraws after accepting admission, but before attending classes.
- Calculation of tuition refunds is based on the date the student begins NUNM’s withdrawal process.
- Tuition refunds will first be applied to balances due NUNM. If a student receiving financial aid is eligible for a refund, that refund is returned to the federal financial aid program.
Tuition refunds are calculated according to NUNM’s tuition and fee refund policy outlined below:
|Week of Quarter||Tuition Refund Rate|
|First Week||100% tuition|
|Second Week||100% tuition|
|Second Week||90% tuition (if withdrawing from school completely)|
|Third Week||80% tuition|
|Fourth Week||70% tuition|
|Fifth Week||60% tuition|
|Sixth Week||50% tuition|
|Beyond Sixth Week||No refund|
- If a student receiving financial aid is eligible for a tuition refund, that refund is returned to the federal financial aid program. Any refund of tuition and fees resulting from a withdrawal or a reclassification of tuition status must be applied to the recipient’s financial aid awards before any payment is made to the student. Tuition refunds are calculated according to NUNM’s tuition and fee refund policy. Return of Federal Title IV funds is calculated according to U.S. Department of Education regulations. (See Financial Aid section for more information.)
- Students whose accounts were paid in full often have a balance due NUNM after withdrawal. The Title IV return of funds policy operates independently of the college’s tuition refund policy. It is possible for a withdrawing student to owe NUNM money because aid must be returned to the Title IV program, but the student is not entitled to a refund of institutional charges.
- Federal regulations for this refund policy allow the college to retain an administrative fee that reduces the institutional charges subject to refund. This fee is five percent of total charges up to a maximum of $100.
- Federal regulations require that any student who has received a loan while attending NUNM, who leaves the college for any reason (including official leaves of absence), must participate in a loan exit interview. Exit interviews are conducted by the Financial Aid Office and can be arranged by calling that office. Students are required to bring a completed “Student Status Change” form that contains the appropriate dean’s signature for their program(s) of enrollment. Additionally, students will be required to complete an online exit counseling session at nslds.ed.gov as mandated by the U.S. Department of Education. (See Financial Aid section for more information.)