Students who completely withdraw* from all classes through the 60% point of the term must repay a portion of financial aid funds received. The amount you repay will be based on the amount of time you attended classes. In most cases, you are entitled to keep the percent of aid that equals the amount of time you attended the term. For example, if you completely withdraw from classes at the 30% point of the term, you can keep 30% of your financial aid and would need to repay up to 70% of the aid you received.
NEIU will return these funds to the U.S. Department of Education (for Pell Grants, SEOG Grants, TEACH, Perkins Loans or Direct Stafford Loans) and will charge your student account. Students must make arrangements to repay any amounts owed before being allowed to enroll again at NEIU or receive additional Title IV funds.
*NEIU considers that you are completely withdrawn from classes on the day you drop your last class online via NEIUport. Students who do not officially withdraw and can document their last day of attendance will be considered as having attended 50% of the term, and will be responsible for repaying 50% of all federal aid received.
Students who do not attend classes will be responsible for repaying 100% of all federal aid received.