- Total financial aid received: This includes all grants, scholarships, and loans.
- Cost of attendance: This includes tuition, fees, room and board, and other expenses.
- Amount paid to the university: This includes any payments made directly to Keiser University, such as tuition and fees.
Once you have this information, you can calculate the refund amount using the following formula:
Refund Amount = Total financial aid received – Cost of attendance – Amount paid to the university
Factors Affecting the Refund Amount
Several factors can affect the amount of your refund, including:
- Changes in enrollment: If you drop or add classes, your cost of attendance will change, which will impact the refund amount.
- Late payments: If you make late payments to the university, you may be charged late fees, which will reduce the refund amount.
- Financial aid adjustments: If your financial aid award is adjusted for any reason, such as a change in your financial situation, the refund amount will be affected.
Receiving a Keiser University Financial Aid Refund
Upon determining your eligibility for a Keiser University financial aid refund and calculating the amount, you’ll need to choose a method to receive your funds. Keiser University offers several options for receiving a financial aid refund, including direct deposit, check, and a combination of both.
