Refunds

Refunds

Forms of Refunds

 

Financial Aid Refunds

Financial aid refunds are processed in one of two ways:

  1. Direct deposit (highly recommended)
  2. Paper check mailed to the student’s current mailing address

Students are strongly encouraged to establish direct deposit for financial aid refunds. Direct deposit prevents delays due to lost checks or a change of address. Refunds from students’ accounts can be direct deposited to any U.S. bank or credit union. Funds are usually available within 24 to 48 hours after the refund is processed, and direct deposit enrollment only takes a few minutes. Go to the Direct Deposit section of our website for instructions.

Refunds generated by a Parent Plus Loan will be refunded by paper check directly to the parent’s mailing address provided in the loan application.

Please check your Knights Email account for disbursement and refund notifications.
 

Credit Card Refunds

Any payment made by credit card, which has to be refunded, will only be refunded back to the credit card. If a student sees a credit card refund on the student account but does not see it on the credit card statement, it may show on the next billing cycle. If the student has questions about a refund that does not appear on the credit card statement, the student should contact the credit card company.