Overdue Payments, Penalties & Refunds

Overdue Payments & Penalties

Students must conform to the payment policies of the Vancouver Bursar’s Office and are not entitled to attend classes until all fees are paid. Registrations are valid only when all fees are paid and no outstanding balance to New York Tech exists.

Students may be subject to the following late fees:

  • Late Registration Fee US$400: A nonrefundable, nonwaivable fee applies to continuing students who register after the first day of each semester
  • Late Payment Fee US$400: A nonrefundable nonwaivable fee applies to any account not paid in full after the first day of each semester

New York Institute of Technology expressly reserves the right, whenever it deems it advisable, to:

  • Change or modify its schedule of tuition and fees.
  • Withdraw, cancel, reschedule, or modify any course, program of study, degree, or any requirement in connection with any of the foregoing.

Getting a Refund

If New York Institute of Technology owes you money from overpayment, you can request a refund which will be issued based on the payment method of your last tuition payment and to the same payer.

  • For payments by credit card (Transact Payments) within 185 days, refunds will be issued directly to the credit card used. It takes from five to seven business days for the credit to be applied to your credit card from the date New York Tech processes it.
  • For payments by credit card (Transact Payments) over 185 days, the refund will be processed by bank wire transfer to the same credit card holder. A copy of the credit card statement that shows the transaction and the cardholder’s full name is required.
  • For payments by ACH (electronic check from the U.S.) within 365 days, refunds will be issued directly to the bank account that issued the original payment.
  • For payments by ACH (electronic check from the U.S.) over 365 days, the refund will be processed by a refund check to the same account holder.
  • For payments made through Flywire or TransferMate, refunds will be distributed to the bank account/credit card that issued the original payment.

  1. Log in to the Student Service HUB.
  2. Choose My Student Account and select “Choose My Refund Method.”
  3. Request a refund by selecting “Submit Refund Request.”

  1. Contact the Vancouver Bursar’s Office: Email Vancouver.Bursar@nyit.edu with your full name, student ID, and reason for the refund.
  2. Receive Refund Form: The Bursar’s Office will send you the refund form and instructions.
  3. Submit Required Documents: Fill out the refund form and send it back with:
    • Visa rejection letter (if your visa application was denied)
    • IRCC Tracker screenshot (if you’ve used up three deferrals and still don’t have your study visa)
  4. Review and Forward: The Bursar’s Office will check your documents and send them to the New York Tech Refund Office in New York. If anything is missing or incorrect, your refund might be delayed or rejected.
  5. Refund Issued: Refunds will be sent to the original payer by the original payment method within 2–3 weeks. If you paid by credit card, the refund will go back to the same card within 180 days. After 180 days, it will be sent by bank transfer.
  6. Contact for Deferrals: If you’ve maxed out three deferrals due to visa delays, you’ll be contacted for a refund at the start of the third deferral term.