When will I receive my refund?
If you have accepted all awards and are not a first-time borrower (who must wait 30 days for loans to disburse) your financial aid will be disbursed the Monday after the add/drop period ENDS, each semester. When this disbursement creates an eligible refund due to you, it will be processed by the Student Accounts office within 7-14 business days after the credit occurs on your account. Please note that institutional aid in access of direct charges (which include tuition, fees, room & board) cannot result in a cash refund. Institutional aid can only cover up to the total of a student’s direct charges. Any excess will be reduced and applied to the need of another qualifying student.