Tuition Refund Information
Direct Deposit Refunds Are Here!
Students eligible to receive a refund will receive an email from J.P Morgan Concourse advising them to accept the refund.
Students who had previously enrolled to receive their refund as direct deposit, will be able to re-enroll once they receive the email from J.P. Morgan to accept their refund.
Follow the simple steps in the below link to receive your payments in a quick and easy way.
*Students will be asked to create their profile, record the refund delivery method, and update their bank account details for refunds through a secured JP Morgan portal. Please note after 3 days the email will no longer be valid and a check will be issued to the student's US address.
Parent Borrowers eligible to receive a refund will receive a check to the address on the loan application. If the parent-borrower indicates that the Federal Direct Parent PLUS Loan credit balance can be issued to the student, it will be refunded to the student.
Tuition Refund Information
Refund of Credit Balances
Student refunds are based on a student's current account balance. Refunds will be issued after the last day of add/drop. Students with a Payment Plan and a resulting student account credit balance, will not receive a refund until their account is paid in full. We recommend that students with an excess amount on a scheduled payment plan contact Nelnet for a budget adjustment. The Office of Student Accounts will issue refunds to all students for payment amounts received in excess of the amounts due to Stevens. Excess payments made by third parties or outside organizations shall be refunded in accordance with the direction of that organization. This policy applies to all Stevens students and their accounts with Stevens.
Refunds will be issued no later than the time period required by law and regulations. No cash refunds will be provided. Refunds will not be issued to anyone other than the student, parent borrower, or their corporate sponsor (if applicable). Returned refunds shall be subject to the State of New Jersey's unclaimed property law and turned over to the State of New Jersey as required.
Return of Title IV Funds Information
Please visit the Office of Financial Aid's Financial Aid Refund Policy: Title IV Recipients for refund calculations for students receiving Title IV financial aid who completely withdraw from Stevens.
Charge Adjustment Schedule
View the Charge Adjustment Schedule
Student Refund Forms
Refunds from Title IV funds are automatically processed based on federal regulations, as well as any credit balance will be automatically generated and does not require this form. If you would like a refund reissue please fill out and submit the Student Refund Reissue Request Form.
International students no longer residing in the United States, please fill out and submit the International Student Refund Request Form.
For students needing additional assistance, please contact the Office of Student Accounts at [email protected].