Financial Aid
The Office of Financial Aid administers grants, loans, scholarships, and part-time
employment. Financial Aid is received by the university and posted to your student
account to pay tuition and all other fees that do not require specific authorization
(Title IV). Aid will pay fees requiring authorization as long as student's written
authorization (Title IV) is received prior to aid posting to your student account.
Fees that require specific authorization will NOT be deferred if we do not have written
authorization. Fees must be paid by the first day of the semester as published in
the catalog. You will receive an email when the funds are received by the university.
(e.g. fees that need Title IV authorization include, but are not limited to, parking
fees, student equipment & exam fees.)
Refer to the Student Financial Aid Office for specific information regarding your financial aid.
Authorization for Use of Title IV Funds
Title IV Job Aid
Student Refunds
Student refunds will be processed for all excess student credit balances. Our school
delivers your refund with BankMobile Disbursements, a technology solution, powered
by BMTX, Inc. For more information about BankMobile Disbursements, visit this link:
http://bankmobiledisbursements.com/refundchoices/.
Refund Of Tuition And Fees
Upon Termination of Enrollment (Resignation)*
Resignation – terminating enrollment in all coursework for a term by dropping or withdrawing from all registered courses.*
Student Action to complete Resignation – A student would need to drop all their coursework for the term. If done all on the same day, the student would receive the maximum tuition and fee refund. Additionally, the student is asked to contact their Program Director to state their action and confirm the protocol for a possible return to active academic status.
Students who withdraw during the first 60% of an enrollment period (semester, term, or billing period) receive a proportional refund of applicable fees based on the percentage of days remaining in the enrollment period as of the resignation date. The percentage refund is reduced from 100% prior to the start of the term, and decreases each week by approximately 5% until the 60% of the enrollment period is reached. Since LSU Health has multiple academic calendars, we ask that if a student has intentions of withdrawal, they should contact the Bursar’s Office for a good faith estimate of the tuition and fee refund. If a student has received financial aid, there could also be a possible reduction or cancellation of aid based on the timing of the withdrawal. For example, a student who withdraws on the 36th day of a 118- day enrollment period would receive a 70.34% refund of applicable fees. Students who withdraw after the first 60% of the enrollment period do not receive a refund. ***
For student financial aid recipients, the refund is generally returned to the aid programs (SEE “Return of Title IV Funds” in the Student Financial Aid Section of this Catalog/Bulletin).
The official resignation date is the day the student begins the official resignation process or otherwise officially notifies the institution of their intent to withdraw. For unofficial withdrawals, the latter of the 50% point in the enrollment period or the last documented date of a student’s educational activity (such as an exam, lab assignment, or academic advisement appointment) is used. The first day of a leave of absence is considered the withdrawal date, unless the student is granted a special exemption based on the nature and length of the leave and their ability to return during the same academic period and resume studies without incurring any additional financial liability.
Upon Dropping Courses - The refund of fees will be made on the following basis:
- Before classes begin, 100 per cent;
- During the first two full weeks of classes, 75 per cent;
- During the third and fourth full weeks of classes, 50 per cent;
- thereafter, none.
In making refunds during the summer term, time lapses are reduced to one-half of the above. Fees for auditing courses will not be refunded. Refunds or fee adjustments and the assignment of appropriate grades, which may be necessitated by course changes, board examinations, or terminations of enrollment, will be determined by the date on which such notices are received in the Registrar’s Office.
*Students earning any grade in a term, including an “Incomplete”, are not allowed to resign from the term due to course completion.
** Students in the “School of Medicine” are billed at a flat rate and therefore receive no refunds unless they resign from all coursework prior to receiving any grade from any courses.
*** Some deliverable items like parking permits, Nursing kits and health insurance are non-refundable.
To view our third-party servicer contract for refund management, click here.
For more information, contact Bursar's Office at nobursar@lsuhsc.edu.