Home > Michigan Campus > Campus Services > Business Office > Financial Policies
Michigan Campus
 
Michigan Campus
 

Financial Policies

Policies and guidelines for the following items:

Refunds

Prepayments will be refunded in full on payments made prior to late validation day, with the exception of application fee and commitment deposits. Any change of classes must be done during the drop and add period. All charges stand after that time.

For any student completely withdrawing from the college, the following policy applies:

On first day classes start 100% credit of all charges
From 2 – 7 days after classes start 90% credit of tuition and board
From 8 – 14 days after classes start 80% credit of tuition and board
From 15 – 21 days after classes start 70% credit of tuition and board
From 22 – 28 days after classes start 60% credit of tuition and board
From 29 – 35 days after classes start 50% credit of tuition and board
From 36 - 42 days after classes start 40% credit of tuition and board 
More than 42 days after classes start 0% credit of tuition and board

NOTE: Days listed above are calendar days and include weekends and holidays.

Refund calculations will be based upon the date the student begins the official withdrawal   process. Days listed above are calendar days and include weekends and holidays. In cases where a student stops attending all of his/her classes without officially withdrawing, refund calculations will be done at 50% unless the student attended a class later than 42 days after the start of classes. If the student attended any class later than 35 days after the start of classes there will be no refund.

Fees and room charges are non-refundable after the first day classes start.  Students who move off campus after classes begin will forfeit the room charge for that term.

Refunds for Recipients of Federal Financial Aid

Refunds for recipients of Federal Financial Aid-as prescribed by law and regulation, Federal Title IV funds will be returned to the applicable sources in the following order: Unsubsidized Federal Stafford loan, Subsidized Federal Stafford loan, Federal Plus loan, Federal Pell Grant, FSEOG, other Title IV Aid Programs, and state sources of aid. Examples of this refund policy are available at the Financial Aid Office.

Room Damage Deposit Refund

A $100.00 room damage deposit is required for all Resident students. Any damages incurred by the student will be deducted from this deposit and the balance refunded. Also, a room key deposit of $35.00 is included in the room damage deposit.

Payments

Payment must be received by the due date each term. Payment received after the due date is subject to a late validation fee of $100.00.  A monthly service charge will be added on the unpaid balance to accounts over thirty days old. A service charge will be added to all multiple payment arrangements. A $25.00 service charge will be added for each check returned unpaid by the bank, and an additional $10.00 if not paid in ten days.  All unpaid fines (parking, library) or other college expenses will have an additional $10.00 charge if not paid during the term or are turned into the Business Office for collection.  All checks are to be made payable in U.S. funds. The student is responsible for any exchange fees or bank charges associated with non-U.S. checks.

Textbooks

The estimated book and supply costs are approximately $1482.00, depending on courses. Books for all classes will be available at the Campus Bookstore. Books must be paid for in full at the time of purchase. 

Car Permits

Students wishing to have a car on campus must make application with the College Security Office. Car registration is $30.00 for Residents and $60.00 for Commuters,  (10-day temporary permit is $5.00). This is a NON-REFUNDABLE FEE.

Graduation Fee

$50.00 (includes cap and gown rental).

Course Lab Fees

All courses with Food Labs carry fees of $50-75 each. Fee for Scuba Diving I is $125.00. The fees are subject to change to reflect current costs.

Other Fees
  • Late Validation/Payment Fee: $100.00
  • Room Deposit (converts to damage deposit upon entering housing): $100.00
  • Transcript Fee: No Charge
  • Audit per credit hour (no college credit): $173.00
  • Freshman Orientation: $35.00      
  • Internship per credit hour: $346.00
  • Correspondence class per credit hour: $346.00
  • Test Out per credit hour: $40.00
Payment Plans

Tuition Pay Plan: 800.635.0120
Higher Education Guaranteed Loan Program
Contact Northwood Financial Aid Office: Last Name A-L 989.837.4302 or M-Z 989.837.4230

spotlight image

Cassandra Bryning
Marketing and Management
2004

 
color bar
Ethics

Empathy:
We will endeavor to understand the feelings, thoughts, and notions of others in order that compassion and fairness of our actions may result.

More Ethics
 
My To-do List
My To-do List Click to Close

Florida Campus 800.458.8325 | Michigan Campus 800.457.7878 | Texas Campus 800.927.9663
DeVos Graduate School of Management 800.MBA.9000 | Education for Adults 800.445.5873
© Copyright Northwood University 2008 | Terms & Policies