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Refund/Withdrawal Policy

Cancellation

A student who withdraws from NESCom after acceptance of the Enrollment Agreement shall provide written notice to the college.

Non-Entry Refund

All withdrawals resulting in a tuition deposit refund must be made in writing. Students will receive a full refund of the deposit paid if written notification of withdrawal is received within three business days after receipt of the Enrollment Agreement and Tuition Deposit. Written notification of withdrawal beyond three days of the deposit receipt results in a refund to the student of $100.00. The School retains a $50.00 administrative fee. Failure to notify the college of withdrawal intentions prior to 15 business days before the start of the intended semester will result in the college retaining 100% of the tuition deposit.

Enrollment before Campus Tour

Students who have not visited the college facilities prior to enrollment will have the opportunity to withdraw without penalty within three days following either attendance at a regularly scheduled orientation or following a tour and inspection of the college facilities, whichever comes first.

Affect of Course Withdrawal

Full-time tuition rates are the same from 12-17 credits; therefore, if a student drops a class but is still in the full-time tuition range, there is no change in the tuition bill. For individual course withdrawals after the standard add/drop period, tuition and fees will not be adjusted. If a student drops to part-time status during the add/drop period, their tuition rate will be adjusted to reflect the new enrollment.

Personal Refunds

Overpayments to NESCom from any or all sources can be refunded to the student upon request. Refunds will not be made until all funds have been received and the student has a credit balance. Be aware that most refunds are made 30 days after the start of classes each semester if all funding has been received by the college.

Refund Policy After Entry, Per Term

Written notice to the college is required if a student wishes to terminate after starting the program. When a student terminates, voluntarily or involuntarily, a refund of tuition and room and board will be made, less an administration fee of $50.00, according to the following schedule:

  • Withdrawal during first week....100%
  • Withdrawal during second week...90%
  • Withdrawal during third week....80%
  • Withdrawal during fourth week...80%
  • Withdrawal during fifth week...70%
  • Withdrawal during sixth week...60%
  • Withdrawal during seventh week...50%
  • Withdrawal during eighth week...50%
  • Withdrawal during ninth week...40%
  • Withdrawal after ninth week.....0%

Students receiving assistance from federal Title IV programs may be subject to a special refund or return of funds to comply with Title IV requirements as of 10/7/2000, provided they have completed less than 60% of the payment period for which aid was or could have been disbursed. Federal regulations require the return of Title IV funds to the government, if applicable, in the following order: unsubsidized Stafford loans, subsidized Stafford loans, PLUS loans, Pell Grants, or other Title IV aid. Refunds will be applied to student loans unless no loans were taken while in attendance. All refund calculations are based on the last day of attendance and refunded within 45 days from when the institution determined the student withdrew.

Room and Board Refunds

Residence and dining fees are not refunded to students who leave the resident halls, unless students withdraw from NESCom within the withdrawal policy listed in the catalog or are academically or administratively dismissed from the school. The Residence and Dining Contract is for the entire academic year.


Special Circumstances

The college acknowledges that special circumstances such as illness, family death or unforeseeable events may delay, interrupt or prevent school attendance. Students must speak with the Academic Dean or Registrar about the situation.

If a student cannot continue the course of study, NESCom agrees to issue the student a written release, provided the student has complied with the college’s refund policy as stated in the Enrollment Agreement.

The college intends to make a fair and reasonable settlement according to the individual situation.

Note: Any unpaid charges against the student’s account will be deducted before a refund is made.


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