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Withdrawals, Refunds, and Credits
Refund Policy for Students
Financial Aid

Roosevelt University’s refund policy meets the standards, required by federal law, governing the awarding and disbursement of Title IV student financial assistance.  This policy is created and administered by the Office of Student Accounts...please check with them for updates or clarification.


Roosevelt University Refund Schedule for Most Students


Before and through first week of the term:   100% of tuition charges
Second week of the term:                           90% of tuition charges
Third through the fourth week of the term:     50% of tuition charges
Fifth through the eighth week of the term:      25% of tuition charges
After eighth week of the term:                        0% of tuition charges


Summer, intensive, online, and external courses are some examples of courses that do not necessarily use the above refund schedule.

Higher One


As of Fall, 2007, Higher One processes all student refunds for Roosevelt University. These refunds include financial aid disbursement and tuition refunds due to dropping classes.


As a Roosevelt University student, you should have received or will soon receive a mailing from Higher One that includes an explanation of the program and a personalized EasyRefund card. Upon receiving the initial mailing, you need to contact Higher One as to how you want to receive this refund due to you from Roosevelt University.


Using the Easy Refund Card that was included in the mailing, go online to www.easyrefund.com and select your refund choice. If you have not received your card or may have misplaced it, call 877-327-9515 for assistance.
Choosing your refund preference is the only way to let Roosevelt University know how you want to receive your refund money. As soon as you have activated your refund preference, any refund processed will be delivered based on the method you have selected.

Your refund delivery options are:
      + Easy Refund to your One Account—funds available the same day
      + Electronic Transfer (ACH)—funds available in two to three business days

Here’s how to get started:
      + Go to www.easyrefund.com and select “Roosevelt University”
      + Enter your card number in the “Get Started” area and click the                       “Activate” button
      + Follow the easy activation instructions

After you have gone through the activation process, make sure your contact information was entered correctly so that you can receive important notifi cations about your refund. To view or update your contact information, go to “Profi le” in the main menu, then select “Email” or “Address and Phone” from the drop down menu. Please keep in mind that managing your Easy Refund account is a fi nancial responsibility. While the EasyRefund program is designed to be a free program for all students, there may be fees associated with its use. Go to https://roosevelt.higheroneaccount.com/info/outfees.jsp for
an explanation of fees.


If you have additional questions, feel free to contact customer service toll free at (877) 327- 9515 or call the Roosevelt University Office of Student Accounts at (312) 341-3570.

Summer policy


The tuition credits allowed for withdrawn courses in the summer terms are adjusted to take into account the shorter length of the terms. Please see the Summer Registration Guide for tuition credit information.

Refund policy for residence life


Residence hall contracts are signed for the cost of room and board for an academic year. A security deposit is required in advance of residency. The deposit is forfeited if the student fails to fulfi ll the terms of the contract or departs from housing before the end of the contract period. Students who leave the residence before the end of the contract are responsible for the
total cost assessed for the contract.

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