91ÖÆÆ¬³§

Refunds

You do not need to request a refund. Refunds are automatically processed after your financial aid is applied for the term.

  • Signed up for Direct Deposit (eRefund)? Your refund will be directly deposited into your bank account within 48 hours of processing.
  • Not signed up for Direct Deposit (eRefund)? A paper check will be mailed to the billing address on file.
The Benefits of Signing Up for Direct Deposit
Receiving a refund at Drexel is made easier with direct deposit, a quick, secure, convenient, and confidential process. When students sign up for direct deposit, Drexel deposits any refunds directly into a U.S. bank account of their choice. It's just that easy.

Why Sign Up for Direct Deposit?

  • Fast: Get your refund sooner—no waiting for a check in the mail.
  • Safe: Direct deposit helps protect your money from mail delays or lost checks.
  • Easy: Your refund is sent straight to your bank account, and you'll receive an email when it's been deposited.
  • Secure and Private: Your bank information is kept confidential and is used only to deposit your refund or fix an erroneous deposit.

How to Sign Up for Direct Deposit

Types of Refunds

Financial Aid Refunds

Federal regulations require the University to automatically issue refunds to students whose total federal financial aid exceeds allowable charges. Allowable charges include:

  • Tuition and fees
  • University housing
  • Dining plans
  • Health insurance

Even if you receive a refund, continue to check your eBill each month. Changes to your account or adjustments to financial aid may create a new balance.

Parent PLUS Loan Refunds

Parents receiving a refund from a Direct Parent PLUS Loan will receive a paper check by mail at the address listed on the parent's PLUS Loan application, unless the parent enrolls in Direct Deposit.

Payment Refunds

Refunds for payments made to the University are processed based on the original payment method:

  • Personal Check – Funds are held for 10 days before a refund can be issued.
  • Credit Card – Refunds are credited back to the original credit card used. It may take 5–7 business days from the date the University processes the refund for the credit to appear.
  • Domestic Wire Transfers – Refunds are issued directly to the student.
  • International Wire Transfers – The Cashier's Office will reach out to students to collect the necessary information for these refunds to be processed:
    • Refunds under $10,000 are issued directly to the student.
    • Refunds over $10,000 must be returned to the bank that sent the wire transfer.

Tuition Refunds

Tuition refunds post as a credit to your student account and may result in financial aid adjustments. If a credit balance remains, it will be refunded to you.

91ÖÆÆ¬³§'s tuition refund policy allows refunds of tuition and fees if you:

  • Withdraw from the University, or
  • Withdraw from one or more courses when billed by credit hour

Nonrefundable charges include:

  • Nursing equipment fees
  • Health insurance

Not included in this policy:

Tuition Refund and Credit Schedule

Effective Date of Withdrawal from Drexel Refund Amount

Before First Day of Term

100%

First Calendar Week

100%

Second Calendar Week

75% (Quarter Programs)
100% (Semester Programs)

Third Calendar Week

50%

Fourth Calendar Week

25%

Fifth Calendar Week

None (Quarter Programs)
25% (Semester Programs)

After Fifth Calendar Week

None

Effective Drop Date of Course(s) for Students Billed Per Credit Hour Refund Amount

Before First Day of Term

100%

First Calendar Week

100%

Second Calendar Week

75% (Quarter Programs)
100% (Semester Programs)

Third Calendar Week

50%

Fourth Calendar Week

25%

Fifth Calendar Week

None (Quarter Programs)
25% (Semester Programs)

After Fifth Calendar Week

None

Please note that this policy does not apply to the Accelerated Two-Year JD Program.
Effective Drop Date Refund Amount

Before Classes Start

100%

First Calendar Week

100%

Second Calendar Week

50%

After Second Calendar Week

None

State-Specific Refund Policies

For online students residing in Maryland, 91ÖÆÆ¬³§ complies with the state of Maryland's Refund Policy. This policy will supersede the general University policy, unless the University's policy is more beneficial for the Maryland student. 

Nursing equipment fees and health insurance are nonrefundable charges. 

The refund is a credit to your student account and may result in adjustments to your financial aid. If a credit balance is created on your student account, the credit balance will be refunded to you.

The minimum refund that 91ÖÆÆ¬³§ shall pay to a Maryland student who withdraws or is terminated after completing only a portion of a course, program, or term within the applicable billing period is as follows:

Proportion of Total Course, Program, or Term Completed as of Date of Withdrawal or Termination Refund Amount

Before 10% of the Term Completed

90%

Between 10% and 19% of the Term Completed

80%

Between 20% and 29% of the Term Completed

60%

Between 30% and 39% of the Term Completed

40%

Between 40% and 60% of the Term Completed

20%

More than 60% of the Term Completed

None

Please note: A refund due to a Maryland student shall be based on the date of withdrawal or termination and paid within 60 days from the date of withdrawal or termination.

For online students residing in Wisconsin, 91ÖÆÆ¬³§ complies with the state of Wisconsin's Refund Policy. This policy will supersede the general University policy, unless the University's policy is more beneficial for the Wisconsin student. 

Nursing equipment fees and health insurance are nonrefundable charges. 

The refund is a credit to your student account and may result in adjustments to your financial aid. If a credit balance is created on your student account, the credit balance will be refunded to you.

The minimum refund that 91ÖÆÆ¬³§ shall pay to a Wisconsin student who withdraws or is terminated after completing only a portion of a course, program, or term within the applicable billing period is as follows:

Days Completed Refund Amount

Before 10% Completed

90%

Between 11% and 20% Completed

80%

Between 21% and 30% Completed

70%

Between 31% and 40% Completed

60%

Between 41% and 50% Completed

50%

Between 51% and 60% Completed

40%

More than 60% of Term Completed

0%

Please note: A refund due to a Wisconsin student shall be based on the date of withdrawal or termination and will be paid within 60 days from the date of withdrawal or termination.

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