Refunding Excess Financial Aid or Overpayments
Students expecting to receive a refund due to financial aid or an overpayment on their student account, are able to have your funds deposited directly into their personal bank account by enrolling in Direct Deposit in advance of the refund being issued. Enrollment is completed within our Student Account Center portal through TouchNet; the same portal that provides online statements, processes online payments and manages monthly payment plans.
Click HERE to register your account for direct deposit.
This is a safe, secure way to receive your student refunds quickly and directly into your bank account – no need to bring a check to your bank to deposit or have to wait for the funds to be available. You have two refund options: direct deposit or paper check. If you choose to have the funds directly deposited into your personal bank account, your funds will be available within 48-72 hours after the refund is processed depending on your bank. If you do not enroll in the direct deposit option, a check will be mailed to your address on file. This process will take approximately 7 – 10 business days after your refund is approved and processed.
***Please note that if your financial aid refund is caused by a Federal Parent Plus Loan, direct deposit may not be available for these funds. A check may be mailed to the borrower’s information listed on the Parent PLUS Loan application.