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Student Handbook

Financial Regulations

Each student is responsible for his/her financial obligations to Northwestern University. Any questions about University financial procedures should be directed to the Office of Student Accounts, 710 N. Lake Shore Drive, Chicago, IL 60611. Telephone: (312) 503-8503.

Failure to read Northwestern University Financial Regulations does not excuse the student from compliance with rules and regulations therein stated.

Students whose university bills are overdue will not be given a diploma or transcript, nor have their enrollment or degree confirmed until all financial obligations are paid in full. A student whose account is overdue must pay a late payment penalty fee. The director of Student Accounts may cancel the registration of a student whose bills are past due.

Due dates cannot be extended. Each quarter, due dates are listed in the course registration materials. If you do not receive a bill, contact the Office of Student Accounts one week before the due date to ascertain the amount due. A late payment penalty fee of $100 is assessed once each term on amounts remaining unpaid, in whole or in part, after the due date. There is no installment plan.

Billing Information
Bills are sent to the student's local address. Any billing changes should be made by informing the Office of Student Accounts immediately. Due dates will not be extended if bills are not received. 

Adjustments
We strongly recommend that you keep each bill so that you will have an itemized record of charges and credits. If you contest a portion of the bill, you should pay the non-contested part by the due date and immediately contact the appropriate office to request an adjustment. Adjustments should be pursued as early as possible to avoid a hold on your registration for the next quarter. 

Payments
Payments must include the student's name and Social Security number (ID number). Checks and money orders should be made payable to Northwestern University. The student's cancelled check will serve as the receipt. If you choose to pay in person as opposed to by mail, you may do so at the Bursar's Office, Abbott Hall, 710 N. Lake Shore Drive. Hours for payment are 9:00 a.m. to 4:00 p.m., Monday through Friday. 

Payment of tuition may also be made by credit card. Credit card payments must be made on 2nd Floor Mezzanine of 340 East Superior Street during the times and dates published each quarter with registration materials. Credit card payment MUST BE MADE IN PERSON. No payment may be made by telephone or fax.

Returned Checks
Any check in payment of a University charge that is returned by the bank may result in a late payment charge as well as a returned check charge of $35. 

Withdrawals and Refunds
The Part-Time MBA Program Registrar must be notified in person or in writing of a student's withdrawal. The reason for withdrawal must be approved by the Office of the Registrar. Simply ceasing to attend class does not constitute official withdrawal.

All tuition adjustments are computed as of the date on which the official withdrawal notice is received. Adjustments are not made on the basis of attendance in class. In all cases of withdrawal from the School, after the beginning of a course, adjustments on tuition charges are made in accordance with following schedule:

  • Students whose withdrawal notices are filed on or before the first week of classes for the quarter will be refunded full tuition and fees.
  • Students whose withdrawal notices are filed on or before the end of the third week of class are charged one fourth of the tuition and full fees.
  • Students whose withdrawal notices are filed on or before the end of the sixth week of class are charged one half of the tuition and full fees.
  • Students whose withdrawal notices are filed beginning with the seventh week of class are charged full tuition and full fees.
Refund and Repayment Policy
Students are referred to "Financial Regulations, Chicago Campus" published annually by the Office of Student Accounts for a statement of the refund and repayment policy of the Part-Time MBA Program. This policy is applicable to any student who withdraws from the Part-Time MBA Program prior to the completion of his or her degree and is a recipient of federal financial aid funds. 

Students with Student Loans
Students expecting to receive student loan funds are responsible for the balance of their tuition by the Student Accounts deadline if the disbursement(s) does not cover the full tuition expense for a given quarter. A $100 late fee will be assessed if the balance is not paid by the tuition due date.

Part-Time MBA Program Fees 2006-2007
Tuition (per course)
$4112.00
Late Tuition Payment Penalty Fee
$100.00
Application Fee (non-refundable)
$185.00
Change of Registration Fee
$10.00
Duplicate or Changed Diploma
$50.00
Nameplate Replacement Fee
$7.00
Transcript of Record
$5.00
WildCARD Replacement Fee
$15.00
Activities Fee (one time fee upon admittance) $225.00


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