When are refunds commonly issued?
Financial Aid Award - Account Overpayment
Frequently, students receive federal financial assistance which is in excess of the charges on their student account and can be refunded to the student. A refund of such funds does not have to be applied for or requested. Such refunds will be automatically processed and issued to the student via check or direct deposit.
Refunds cannot be processed until the award funds are received and result in a credit balance on the student’s account. Excess PLUS Loan funds will be refunded to the parent unless the parent has designated otherwise.
Withdrawal: Course, University, 15 Day, or Special Withdrawal
Students must officially withdraw from a course or the university to receive a reduction of tuition and standard fee charges. To officially withdraw from a course or the university the student must contact the Dean's office of the major college.
Some withdrawals may be due to death, medical reasons, the military, or hardship (visit Students Affairs). Part or all of a student's tuition and standard fees may be refunded. See the Withdrawal Information page.
Note: Students who receive a refund of financial aid overpayment and later withdraw from the university before the midpoint of the term may be required to repay a portion of refunded aid. The exact amount to be repaid to financial aid accounts will be determined by the amount of aid received, the educational costs incurred, and the length of time attended during the semester per federal regulations.
Request for Partial Refund of Fees Paid
How are refunds issued?
A refund on a student account credit balance is processed 2 ways: