If registration has been completed and you subsequently withdraw or drop to part-time, the refund will be made according to our Tuition Adjustment Schedule.
Be Aware of the Financial Implications of Withdrawing
Completing a withdrawal will most likely impact your eligibility for student aid, and in many cases this results in student aid being returned to the lender. This can create a balance on your account, which, if not paid, will result in a default. If you are considering withdrawing from the semester, please contact the World Campus Office of Student Aid (1-800-252-3592 or email@example.com) to see if there will be any balance on your account after your withdrawal.
Beginning with the first day of classes, students who drop below full-time or drop below their originally registered credit level may be assessed a tuition penalty. Adjustments for tuition will be determined on the effective date of the drop. Any adjustment of charges will be made according to Penn State's Tuition Adjustment Schedule.
Refund of Excess Financial Aid
Penn State will refund the credit balance, which is the result of federal financial aid in a student's account within TWO weeks of either the date that the aid was credited to the student's account or the first day of the semester, whichever is later.
Sign Up for Rapid Refund
For the quickest delivery of your refund, we recommend you sign up for Rapid Refund to have your refund electronically deposited into a bank account. Sign up via eLion (recommended):
- After logging in, select "Financial" from the menu and then select "Refund Information" from the drop down.
- Then choose "Sign up for Rapid Refund" and follow the prompts to complete the process.
Students can also choose to have their refund mailed to a home or local address. Funds that are delivered by mail will be received later.
For those students who do not indicate a refund preference, refunds will be mailed to their home address at a later time.