The Office of Students
Accounts sends bills on a regular basis. Initial billings for fall semester
are mailed in July and are due in August. Spring semester bills are sent
in December and are due in January. Anticipated financial aid will appear
on the bill and is actually disbursed 10 days prior to the start of the
semester, if the financial aid file is complete. Hopkins Grants, Federal
Pell and other grants, Perkins Loans, Direct Student Loans, and Hackerman
Loans are applied directly against your billed charges. Federal Work-Study
funds will not be credited on the bill but instead are paid to students
each week in a paycheck for hours worked. Outside scholarships and state
grants are credited to the bill when they are received. (If you are awaiting
the arrival of outside aid, you may deduct that amount from the bill as
an anticipated credit.) Hopkins will not bill you for indirect costs such
as books, personal expenses, and off-campus rent and meals, even though
they are included in your financial aid budget. Therefore, the amount
due on your bill will not equal the difference between the cost and the
aid awarded. Some students use part of their family contribution to go
toward the bill and part to cover indirect expenses. Others find that
the bill is covered by financial aid credits, and the family contribution
will be used to cover indirect expenses only.
Financing Options (Top)
For families who do not qualify for financial aid or who will need help financing their family's contribution, there are several alternative financing options:
Refund Requests (Top)
If your financial aid credits exceed your billed costs, you may request a refund of the credit balance to help pay your indirect costs (or the credit may be held on your account toward next semester's charges). A credit balance may occur for students living off-campus who are billed only for tuition by Hopkins but use some of their aid to pay for off-campus living expenses. The Student Accounts Office handles the refund process.
If You Reduce Your Courseload
At the beginning of each term, the period up to the last date to add a class or drop a class with a 100 percent refund is considered the registration period. After that date, the Office of Student Financial Services will check students' enrollment for the term. Eligibility rules for JHU Grant funds require that students be enrolled full-time as of that date (unless the student has approval from academic advising for a reduced courseload). Eligibility rules for Federal Direct Student Loans require students to be enrolled at least half-time as of that date. Credits for federal and institutional funds will be reversed if the student is not meeting the enrollment requirement for a particular fund.
If You Withdraw
Students who withdraw
during an academic term will receive a tuition refund based on the policy
specified in the university catalog. The financial aid award will be adjusted
based on the percentage up the semester up to the date of withdrawal. Funds from federal
programs will be returned to the Department of Education.