Withdrawing from the University

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Note: (You are not eligible to be funded if you do not attend) You must 'officially withdraw from NAU' if you do not plan to attend. Go to our "Withdrawing From the University" web site for details. If you are currently receiving student loans or have in the past, you must complete exit counseling and notify your lender(s) of your withdrawal. If you are receiving financial aid, you will not receive a refund of tuition/fees when you withdraw (see "Return of Title IV Funds" below). If you are pre-registered, signed up for Direct Deposit and decide not to attend, YOU MUST WITHDRAW TO STOP THE PROCESS! If you don't officially withdraw from the university for the semester, the following will occur: Your aid will automatically pay for your classes. You will receive a grade of "F" in all classes. This will appear on your transcripts and may result in academic and/or financial aid suspension. You will be in default at NAU and ineligible for federal/state aid at all institutions until 100% of the aid has been repaid to NAU and the Department of Education. Return of Title IV Funds after Withdrawing from the University Students receiving financial aid will not receive a refund of tuition/fees when they withdraw. The student's financial aid will be re-evaluated to determine the amount of aid the student has earned and how much needs to be returned to the federal programs. The refund of tuition/fees will be applied toward the financial aid programs (Direct Loan, Pell Grant, etc.) that paid for tuition and fees. This is true even if a student pays with credit card/cash/check and is reimbursed later with a financial aid disbursement. The amount of aid earned will be calculated on a per diem basis through the 60% point of the semester. Federal financial aid will be considered to be 100% earned after this point. Federal financial aid consists of Pell Grant, SEOG Grant, LEAP Grant, Federal Direct Subsidized and Unsubsidized Loans, Parent PLUS Loans and Perkins Loans. Federal Work Study is excluded from this calculation. A student's withdrawal date is considered to be the date the student began the withdrawal process or otherwise notified the university in writing of the intent to withdraw. If a student attends but leaves without notifying the institution, the withdrawal date may be considered to be the midpoint of the semester and the student may be responsible for paying back some financial aid. The university's policy on Refund of Fees is a separate calculation of the amount of unearned institutional charges. Any refund will first be applied to amounts that the student will owe the university and then to any loans the student received.