Effective January 1, 2021
If for any reason an applicant is not accepted by the school, the applicant is entitled to a refund of all monies paid (less the application fee).
Three-Day Cancellation: An applicant who provides written notice of cancellation within three days (excluding Saturday, Sunday, and federal and state holidays) of signing an enrollment agreement or submitting an enrollment deposit is entitled to a refund of all monies paid. No later than 30 days of receiving the notice of cancellation, the school shall provide the 100% refund.
Cancellation and Refund Before the Commencement of Classes:
An applicant who provides written notice of cancellation after three days of signing the enrollment agreement but prior to the commencement of classes is entitled to a refund of all monies paid, less the program application fee and $1,000 enrollment deposit. The refund (less the program application fee and $1,000 enrollment deposit), will be given to the student within 30 days of receiving the notice of cancellation.
Cancellation and Refund After the Commencement of Classes:
1. Procedure for withdrawal/withdrawal date:
A. A student choosing to withdraw from the school after the commencement of classes is to provide written notice to the Director of the school. The notice is to indicate the expected last date of attendance and be signed and dated by the student.
B. For a student who is
C. A student will be determined to be withdrawn from the institution if the student has not attended any class for 30 consecutive class days.
D. All refunds will be issued within 30 days of the determination of the withdrawal date.
2. Tuition charges/refunds:
A. Before the beginning of classes, the student is entitled to a refund of 100% of the tuition and fees (less the enrollment deposit and application fee).
B. After the commencement of classes, the tuition refund amount shall be determined as follows:
A student who withdraws may receive a full or partial refund for tuition and fees according to the following schedule of charges computed from the first official day of the academic term:
- Days 1-2 – 100% refund (less the enrollment deposit and application fee)
Day 3 and Beyond - the calculation is based on the charges for the period of enrollment completed. The percentage is computed by dividing the total number of calendar days remaining in the term into the total number of calendar days in the term, as of the date of student withdrawal. If the withdrawal occurs after more than 50% of the term is completed, no refund is given. (The three-term average is used for the total calendar days in the term.)
|Percentage of the Semester Hours Attempted||Total Refund Amount|
|10% or less||90%|
|More than 10% and less than or equal to 20%||80%|
|More than 20% and less than or equal to 30%||70%|
|More than 30% and less than or equal to 40%||60%|
|More than 40% and less than or equal to 50%||50%|
|More than 50%||No refund is required|
ACM students wishing to transfer their enrollment to IAU may do so with approval of their College Dean while understanding that:
1. They will be charged IAU program fees, which may be higher than those at ACM
2. They may transfer a maximum of $3,000 per semester of their ACM grants/scholarships to IAU
3. They pay a $1,000 administrative transfer fee
Textbooks and Fees: Textbooks that are returned by withdrawn students in a re-useable condition may be returned for a refund. Textbook fees are refunded on a pro-rata basis and will mirror the tuition refund.
Refunds will be issued within 30 days of the date of student notification, or date of school determination (withdrawn due to absences or other criteria as specified in the school catalog), or in the case of a student not returning from an authorized Leave of Absence (LOA), within 30 days of the date the student was scheduled to return from the LOA and did not return.
Please Note: The NIU School of Record fee is non-refundable.
Please Note: For ACM students participating in a J-Term program, please find the J-Term specific financial policies HERE.