Federal regulations prohibit Suffolk University from holding Federal Loan proceeds in excess of 14 days from the first day of classes, if the loan(s) creates a refund. Stafford loans received after the semester begins will be refunded within 14 days of their receipt, unless specified by the student to hold the funds. If you adjust your course schedule after you receive this refund check, you must make proper arrangements to cover your balance.

Financial Aid refunds will not be processed until after the last day to drop a course without a grade of "W". Refunds for all payments will be processed after the add/drop period ends.

Students who are not registered for a semester but have not withdrawn from the University may still have the ability to make a payment to their student account. The Bursar’s office will treat such payments as a credit towards a future semester since no current registration exists and will not refund the student. If no registration for a current semester exists, then no payment will be applied towards that semester.

Fall 2013 Refund Schedule

Loan Proceeds

School	First Day of Classes	Date of Refund
College of Arts and Sciences*	September 03, 2013	September 13, 2013
Sawyer Business School*	September 03, 2013	September 13, 2013
Law School	September 03, 2013	September 06, 2013

Financial Aid Proceeds and General Overpayments

School	Date Posted (Estimated)	Date of Refund
College of Arts and Sciences*	October 4, 2013	October 11, 2013
Sawyer Business School*	October 4, 2013	October 11, 2013
Law School	September 27, 2013	October 4, 2013

*Student who are enrolled in a quarterly class schedule should contact the Office of the Bursar for their refund schedule. 

Using Title IV Aid for Books & Supplies

In accordance with US Department of Education policy, Pell Grant eligible students who have a pending credit balance due to Title IV funds are eligible to receive a refund for the amount of the credit up to $600.00 in order to purchase books and supplies. If you meet this criteria, a refund will be mailed to your permanent address on the first day of classes. You may opt out of this refund and use your credit balance toward associated costs of attendance such as health insurance by notifying the Bursar’s Office at bursar@suffolk.edu. Please be aware the use of the pending credit for books and supplies vs. associated costs may result in a balance due to the University.