Fall 2024 Refund of Tuition
Law School and Medical School students should consult their Dean's Office for their school's policy on refunds.
Upon receipt of withdrawal applications (complete withdrawals must be processed through the Center for University Advisement for undergraduate students and the Office of Graduate Admission for graduate students) through September 9, 2024, the University will refund all tuition in excess of the amounts listed in the table below.
A student, who wishes to withdraw from all of their classes for a semester, may withdraw via the portal at my.hofstra.edu. Go to the Hofstra Online tab and select "Academic Leave/Withdraw from the University." In addition, undergraduate students may contact the Center for University Advisement at 516-463-6770 and graduate students may contact the Office of Graduate Admission at 516-463-4732 for assistance in processing the withdrawal.
Student Category | Monies refunded in excess of: |
---|---|
Full time student - UG | $557.50 |
GR student enrolled for 12 or more credits | $510 |
GR student enrolled for 8 but fewer than 12 credits | $295 |
UG student enrolled for 8 but fewer than 12 credits | $285 |
UG Students enrolled up to 7.99 credits | $165 |
GR Students enrolled up to 7.99 credits | $175 |
Tuition Refund Schedule
Fall 2024
Date | Percentage of Tuition Refundable |
---|---|
Through September 9 | 100% |
September 10 to September 16 | 75% |
September 17 to September 23 | 50% |
September 24 to September 30 | 25% |
**All tuition-related fees (i.e., University, technology, and activity) are nonrefundable throughout the entire semester**
Federal Title IV Refund Information
Students receiving Federal Title IV funds who, officially or unofficially, withdraw completely from the University will have their Federal Title IV awards and loans refunded to the federal programs based upon the number of days in attendance. For any student who attends 60% or more of the semester, no Title IV funds will be refunded to the federal program and then will become the liability of the student. The University has 30 days from the date of determination of the withdrawal to calculate the percentage earned and 45 days to return the unearned funds to the Department of Education.
**No Federal Title IV refund will occur for students who withdraw on or after
Thursday, November 7, 2024**
Students will still be liable for the cost of their tuition and fees based on Hofstra University's refund schedule, regardless of the amount of Federal Title IV funds that have to be refunded to the federal programs.
Refund Distribution (prescribed by Federal Law and Regulations). There is a specifically mandated order in which Title IV refunds must be distributed back to the federal programs. The list below outlines the order in which federal programs are refunded:
- Unsubsidized Federal Direct Stafford Loans
- Subsidized Federal Direct Stafford Loans
- Federal Direct Graduate PLUS Loan
- Federal Direct Parent PLUS Loans
- Federal Pell Grants
- Iraq and Afghanistan Service Grants
- FSEOG
- TEACH Grants
- The Student
Example: (Dollar amounts are for illustrative purposes only):
- Facts:
- The student is a continuing undergraduate student in their third academic year.
- The student withdraws on September 25, 2024.
- The student was charged $25,000 for tuition and fees for Fall 2024. Federal loans and grants awarded and applied to the student's account for the semester totaled $10,700 (Loan: $6,700; Pell: $3,000; SEOG: $1,000). The student paid the balance of $14,300.
Refund Calculation:
- Result:
- 23 days attendance divided by 109 days for the total days in term = 21.10%
- 21.10% of $10,700 would be retained in the student's account = $2,257.80
- 78.90% of $8,442.20 will be returned to the federal loan and grant program. This amount of $8,442.20 must be returned to the federal programs in the following order:
- Federal Loan: $6,700
- Pell Grant: $1,742.20
- The remaining Pell Grant of $1,257.80 and SEOG of $1,000 can be retained on the student's account.
Student:
- Bill:
- September 25 carries a student refund of 25% of tuition charges.
- 25% of $25,000 is applied as a credit to the student's account = $6,250
- The student is responsible for $18,750.
- The student paid $14,300 and was allowed to retain $2,257.80 of their Title IV aid.
- The student now owes $2,192.20 of tuition charges.
Military Tuition Assistance Refund Information
For students receiving military tuition assistance (TA) funds from the Department of Defense, any unearned TA funds will be returned on a proportional basis through at least the 60% portion of the period for which the funds were provided. We will recalculate TA eligibility for students who fail to attend, drop out, withdraw (officially or unofficially), or are dismissed prior to completing greater than 60% of the enrollment period. The enrollment period is computed from the "classes begin" date to the "last day of classes" date. TA funds are earned proportionally during an enrollment period, with unearned funds returned based on when a student stops attending.
Recalculation is based on the percent of aid earned using the following formula:
Number of days completed
Total days in the Enrollment Period
= percent earned
TA benefits will be recalculated in the same manner as a Title IV recalculation. Therefore, to determine how the calculation is performed, please see the Refund Distribution (prescribed by Federal Law and Regulations) section above.
Students will still be liable for the cost of their tuition and fees based on Hofstra University's refund schedule, regardless of the amount of TA funds that have to be refunded to the Department of Defense.
In instances when a service member stops attending due to a military service obligation, the University will work with the affected service member to identify solutions that will not result in a student debt for the returned portion.