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Refund Policy

 

Withdrawal/Drop Refunds

If registration has been completed and you subsequently withdraw or drop to part-time, the refund will be made according to Penn State's Tuition Adjustment Schedule. Beginning with the first day of classes, students that drop below full-time or drop below their originally registered credit level may be assessed a tuition penalty. Adjustments for tuition will be determined on the effective date of the drop. Any adjustment of charges will be made according to Penn State's Tuition Adjustment Schedule.

Refund of Excess Financial Aid

Penn State will refund the credit balance which is the result of Federal financial aid in a student's account within TWO weeks of either the date the aid was credited to the student's account or the first day of the semester, whichever is later. For the quickest delivery of this refund, students should sign up for RAPID REFUND by using eLion. Please select "Students" then enter the User ID and Access Account password. Next, from the menu on the left side of the screen, select "Refund Information." Student refunds can be electronically deposited into a bank account by clicking on the "Sign up for Rapid Refund" button. Students can also choose to have their refund mailed to a home or local address. Refunds that are delivered by mail will be delayed. For those students who do not indicate a refund preference, refunds will be mailed to the home address at a later time.



 

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