Refunds
Tuition and fees are subject to change at the discretion of the Board of Trustees. Franklin Pierce University reserves the right to change any charges upon general notice to the student body. Financial clearance must be met for a student to receive a diploma. Although someone else may pay the charges, e.g., parents, friends, a company, etc., all charges are ultimately the student’s responsibility. Charges listed are in effect beginning June 1, 2024.
General Refunds of Credit Balances
Students who receive financial aid and would like to request a refund of an applicable
overpayment must submit a refund request form or written request to osfs@franklinpierce.edu
no later than two weeks prior to the end of the enrollment period provided the student
is enrolled and attending class. If such a request is not received, credit balances
will automatically be carried forward to cover charges in a future term.
Students not enrolled can request a refund of their credit balance if it is the end
of the loan period. All charges for a current term will be deducted prior to the release
of funds. All credit balances created from Title IV aid will be returned to the lender
at aid ending.
Refunds of Federal Financial Aid
Students who withdraw or are removed from enrollment prior to 61% of the term is completed
will have their federal financial aid eligibility recalculated in direct proportion
to the length of enrollment.
The percentage of time the student remained enrolled is the percentage of disbursable
aid for that period that the student earned. A student who remains enrolled beyond
the 61% point earns all aid for that period. The Return of Federal (Title IV) funds
calculation is performed independently of institutional costs incurred for the period
of enrollment. The date of withdrawal used to calculate the last date of attendance
will be the last date of attendance as shown on the student-initiated withdrawal form.
Students who leave without completing an official change of status form and those
who stop attending class will have their last date of attendance be the date of the
last documented academically-related activity. Additional information may be obtained
from OSFS.
Veteran Students Receiving Department of Defense Funding
Refund Policies for withdrawn veterans mirror the percentage of federal financial aid. Contact the OSFS for more details.
