NASFAA Mention: It’s Decision Time for Colleges: Do We Give Coronavirus Refunds?

"There was a mass exodus of students from college and university campuses last month in an effort to slow the march of coronavirus infections across the U.S. With a widespread shift to online learning now under way, many families are wondering: Will they be getting refunds or partial refunds, for room, board and related costs," The Wall Street Journal reports.

"... And how about tuition? Generally speaking, colleges aren’t refunding tuition as a result of the shift to online learning—the rationale being that classes are still taking place, albeit in a different medium. Also, colleges generally aren’t altering financial-aid commitments as a result of the shift, though there could be exceptions for students who drop out or reduce their course load below full-time status, says Karen McCarthy, director of policy analysis at the National Association of Student Financial Aid Administrators."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 4/6/2020

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