Purdue University Northwest’s Refund Policy:
Students who withdraw from the university will receive a pro-rated assessment of tuition and fees according to the following schedule for the Fall, Spring and Summer semesters:
|Prior to the first day of classes
(students will not be held responsible for payment of fees; all payments received are eligible for refund).
|During the first week of classes
(Students will not be held responsible for payment of fees; all payments received are eligible for refund).
|During the second week of classes
(Students will be held responsible for 40% of fees assessed for the semester; payments exceeding this assessment would be eligible for refund).
|During the third week of classes
(Students will be held responsible for 60% of fees assessed for the semester; payments exceeding this assessment would be eligible for refund).
|During the fourth week of classes
(Students will be held responsible for 80% of fees assessed for the semester; payments exceeding this assessment would be eligible for refund).
|After the fifth week of class
(Students will be held responsible for 100% of fees assessed for the semester).
Drop Refund Dates and Details
If you need to withdraw from a class part way through the current term, please go here for information about refunds and the last day to drop.
When a title IV financial aid recipient withdraws from all classes, the percentage of the period completed, based on class days will be calculated. The federal government mandates that students who withdraw may only keep the financial aid they have “earned” up until the time of withdrawal.
For more information about the process and policy for return of Title IV funds, please visit the Financial Aid website.
** The regulations apply only to full withdrawals. All partial withdrawals are refunded by the percentages designated.
* Institutional refund will be used when greater than Federal refund.
State Refund Policy
All State Financial Aid is recalculated through the end of the 4th week of classes. Aid will be recalculated at the new number of credit hours if a student drops any classes during the first four weeks of the semester and drops below 15 credit hours but remains in 12 or more hours. If a student drops below 12 hours they may lose their entire award. The student will be billed for any lost aid amount.
Procedures to Follow to Obtain a Refund
- Notifications of withdrawal or cancellation and requests for refund must be in writing and addressed to the Registrar.
Not attending a class does not constitute a formal withdrawal from a course.
- You must complete a drop card in the Registrar’s Office to formally withdraw from a course. Otherwise, you may receive a failing grade in the course for non-attendance.
Students receiving excess financial aid money
Excess disbursements are refunded in one of two ways:
All checks will be printed at Purdue West Lafayette and mailed directly to the student’s address on record.
- Direct Deposit
This is the safest and quickest way to have your EXCESS funds deposited. They are put directly into the U.S. checking or savings account that you designate. An e-mail notice will be sent indicating that a direct deposit of your excess funds has been made. To sign up for direct deposit log on to MyPNW, then select the Bills & Payments tab, then select Bill + Payment Portal. A new browser window will appear. Select the Refunds tab and enter your information.
NOTICE: Students who receive Title IV financial aid and do not attend classes for which they are enrolled will be responsible for repayment of their financial aid.
Parents receiving Parent PLUS loans
Unless a parent designates that Parent PLUS loans should be refunded to the student, excess disbursements of Parent PLUS loans are refunded in one of two ways:
Parent PLUS checks will be printed at Purdue West Lafayette and mailed directly to the parent’s address.
- Direct Deposit
If your student has set you up as an Authorized User, then your refund may be directly deposited into the savings or checking account you designate. To set up a refund account, follow these steps:
- Log into Touchnet Payment Gateway using this Authorized User link.
- Click on Personal Profile and enter or update your information.
- Click on EDIT. Enter your date of birth and the last 4 digits of your Social Security number, and press SAVE.
- Click Security Settings.
- Click Edit – Primary Method – an email will be sent to you with a passcode for two-step verification.
- Enter Passcode and click VERIFY.
- Click Payment Profile – Add New Payment Method
Purdue University Northwest has proudly partnered with GradGuard™ to offer Tuition Insurance from Allianz Global Assistance.
The Tuition Protection plan is like an extension of our refund policy. It can reimburse up to 100% of your nonrefundable school costs after a midsemester withdrawal for a covered illness, injury, psychological condition, and more—protecting your investment in higher education.
To get a quote or learn more about the Tuition Protection Plan, call 866-724-4384 or go to www.GradGuard.com/tuition/pnw