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 payments made by check, money order, or credit card(s) will be processed after the add/drop period ends.

Any credit balance that results from a credit card payment will be reversed back to that card. No refunds will be made by check, regardless of the time between payment and date of refund.

Spring 2010 Refund Schedule


Loan Proceeds

School First Day of Classes Date of Refund
College of Arts and Sciences* January 19, 2010 January 29, 2010
Sawyer Business School* January 19, 2010 January 29, 2010
Law School January 11, 2010 January 15, 2010

Financial Aid Proceeds and General Overpayments

School Date Posted  (Estimated) Date of Refund
College of Arts and Sciences* February 19, 2010 February 26, 2010
Sawyer Business
School*
February 19, 2010 February 26, 2010
Law School February 5, 2010 February 12, 2010

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