Students should anticipate receiving their financial aid funds during the first week of classes.
We encourage students to use the ACH system to have their refunds electronically deposited in their bank accounts. To sign up go to the Bursar’s Office website. Paper checks will be mailed to students that do not sign up for ACH.
Use this formula to calculate the amount of your refund for each semester:
Total Aid* - Total charges** = Refund
* Students that have a graduate PLUS loan must deduct a 3% loan origination fee from the amount shown on the award letter.
** Please review your charges on the Student Information System
Things that may delay or reduce your anticipated refund:
Financial aid documents are missing or incomplete (i.e. promissory note)
Enrollment status (students must meet minimum enrollment)
Processing time required for 3rd party funds such as scholarships, vocational rehabilitation, and tuition payments from Graduate School departments
Balance owed from prior term
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