Refunds of Tuition & Fees
Students who make schedule adjustments (drop or add courses) resulting in fewer credit hours or completely withdrawal from the University may be eligible to receive a refund of tuition and fees.
Any refund due will be applied against any student account balance owed to the University.
After the 1st week of the semester, students must pick up a course withdrawal form from the registrar's office, complete the form, and submit it to the Registrar’s Office to be eligible for refunds. The date used to determine the amount of refund is the date on which the course withdrawal form, with all necessary signatures, is submitted to the Registrar’s Office. Please review the Course Withdrawal Policy for details.
Separate refund policies exist that apply to the death or serious illness of a student. Refer to Special Tuition Refund Policy 6.2-1 for additional information. To view full policies regarding refunds refer to the following links:
Refunds for shorter-term periods will be calculated proportionally in accordance with the fall and winter semesters schedule indicated above.
Refer to the Registrar's Office Calendar & Important Semester Dates for the last days to withdraw.
Student Account Credit Balance Refunds
All financial aid must be fully processed and posted to the student’s account before a refund can be issued and CANNOT be issued earlier than scheduled.
Direct Loan Refunds will begin to be disbursed the first week of the semester. FIRST-TIME BORROWERS have a first-disbursement date 30 days after the semester begins. If a student has a credit that results from a federal loan or grant posting, a check or direct deposit will be generated within 14 days of the posting.
Additional scholarships, grants, and all other financial aid will not be refunded until 2-3 weeks after the 25% refund period, pending financial aid finalization of those awards.
- Log into my.SVSU.edu with username and password
- Go to Self Service
- Select Students
- Select My Financial Account
- Select Account Summary by Term
Refunds checks are either mailed or directly deposited in a student designated U.S Financial Institution checking or savings account. In person pick up is not available.
Select direct deposit for student refunds to learn more.
Financial Aid Students
Financial aid awards my be affected if students consider dropping courses or completely withdrawing during the refund period. They may even risk losing financial aid in future semesters. This includes any institutional, state, federal, as well as other types of funding.
Financial Aid awards are typically based upon the number of credit hours a student has enrolled in. If the course(s) dropped cause a student to fall below the minimum requirement, this may actually cause the student to owe a balance since aid may be reduced to meet the new enrollment level.
The same rule applies for students who receive federal financial aid and TOTALLY withdraw from all classes. They are subject to Federal regulations requiring SVSU to calculate the amount of federal financial aid the student did not earn and return those funds to the Federal student financial aid programs. In some cases, the student may owe a balance for financial aid not earned.
If an academic semester has already begun, students are recommended to contact the Campus Financial Service Center at (989) 964-4900 or email at cfsc@svsu.edu for information on expected refunds or more importantly financial aid penalties that may be incurred.
Federal financial aid is awarded based on a student’s intent to attend. If a student does not attend classes, their awards will be affected, even if they do not officially withdraw. See the Terms and Conditions on our website for more information.
If an academic semester has already begun, students are recommended to contact the Campus Financial Service Center at (989) 964-4900 or email at cfsc@svsu.edu for information on expected refunds or more importantly financial aid penalties that may be incurred.
CONTACT US.
Campus Financial Services Center
Wickes Hall 131A
cfsc@svsu.edu
(989) 964-4900
Scholarships & Financial Aid
Wickes Hall 141
cfsc@svsu.edu
(989) 964-4900
Office of the Registrar
Wickes Hall 151
registrar@svsu.edu
(989) 964-4085