In some cases, a credit (more funds than what is needed for tuition and fees) can appear on your student account, and your answers on this form tell us what you would like us to do with that credit.
Answering "Yes" to these questions allows Herzing to apply a credit that may occur on your student account towards certain future charges. It will not affect your stipend, it will just prevent a potential payment plan. It also allows Herzing to reduce your overall loan balance by returning federal loans no longer needed due to a schedule change or revision back to the lender. This will reduce your overall loan debt.
Answering "no" to the questions tells us that you wish us to send any credit back to you, regardless of any future charges. This option may require additional loan funding or a payment plan in the future to pay for uncovered charges.
* Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Outlook Handbook 2022. BLS estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geography market in which you want to work and degree field, will affect career outcomes and earnings. Herzing neither represents that its graduates will earn the average salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, salary increase or other career growth.