Disbursement & Refund

Financial Aid

White Heather Alpine Flower,

The "disbursement date" is the earliest possible date funds may be applied to your student account. For limited residency programs, all contracts/study plans/course descriptions & mentor agreements must be approved and accepted with Registrar prior to releasing any financial aid funds to the Business Office.   For terms that have mini sessions, “blocks” within the term, aid is released no sooner than the first block for which a student is enrolled.  While the Business Office will wait on your financial aid funds to cover your charges, students and families should plan appropriately for other expenses.

When funds arrive, your eligibility will be re-verified and the payment will be posted to your account. (Third party funding [i.e. outside scholarship checks] will be paid according to sponsor instructions.) Once your charges are paid in full, the Business Office will generate a refund for any excess. Parents who are using a Federal Direct PLUS Loan have the option on the PLUS application to direct any excess loan proceeds to either the parent borrower or directly to the student.

Refunds are processed through a third party servicer. You may choose between three methods: ACH, paper check or prepaid card by going to  Refunds . If you are expecting a refund and have not received if after the term has started, please contact us.

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