How and when will I receive my refund?

Summary

refund, receive refund, refunds processed, refund processing timeline, direct deposit, paper check, receive refund, refund choice, refund selection

Body

How and When You Will Receive Your Refund

Disbursement Process

Before a refund is issued, your financial aid must go through the disbursement process.


Refund Processing

After disbursement:

  • Any excess funds will be refunded to you
    • Refunds are processed by the Business Office, sent to BankMobile, who then disburses your refund to your selected refund preference.
       
  • To avoid delays, set up your refund preference as early as possible
    • Note: Any changes to your refund preference will apply to future refunds only.

Important Dates

  • If your classes begin August 17th, 2026, your financial aid refund may begin processing on September 23rd, 2026.
  • If your classes begin September 14th, 2026, your financial aid refund may begin processing on October 21st, 2026.
  • If your classes begin October 14th, 2026, your financial aid refund may begin processing on November 4th, 2026.

Ongoing Refund Schedule

After the initial refund:

  • Refunds are processed weekly
  • Funds awarded before Wednesday are sent to BankMobile every Thursday morning

Delivery by Refund Preference

  • BankMobile Vibe Card:
    • Funds available Thursday after 4:00 PM
       
  • ACH (Direct Deposit):
    • Funds available Friday after 4:00 PM (timing may vary by bank)

Additional Information

  • Students who paid using a payment plan will receive refunds through their BankMobile refund preference
  • Students who do not select a refund preference will receive a mailed check after 5 business days

Tracking Your Refund and Managing Your Account

  • BankMobile will send an email notification to the address you provided during preference activation when your refund has been processed
  • You can access, monitor, and view refund details by logging into the BankMobile website
  • You may also sign up for Mobile Alerts to receive text message updates directly to your cell phone

(Student Accounts > Refunds)

Details

Details

Article ID: 22724
Created
Mon 7/6/26 9:10 AM
Modified
Mon 8/3/26 10:10 AM