Financial Aid

Refunds can be processed on or after the first day of classes of each semester assuming all the funds have been disbursed to the students’ account. Refunds generally require 7 to 10 business days for processing, so please budget accordingly. If you have a valid credit balance on your student account, you may now request your refund on the Student Link (select “Money Matters” and then “Student Account Inquiry”). The funds will be directly deposited into your U.S. bank account.

Title IV Refund

In compliance with federal regulations, all Federal Financial Aid recipients whose total federal funds exceed allowable semester expenses will be mailed a federal Title IV Refund automatically, unless the student authorizes the University to retain the funds to cover other expenses.

Allowable expenses include, and are limited to, tuition, fees, and contract room and board. Since federal regulations prohibit the University from using excess federal funds for non-allowable charges (including medical insurance, late fees, convenience points, library fines, and prior balances) a federal Title IV Refund may result in an outstanding balance. Students can prevent this by completing a Federal Financial Aid Credit Authorization Form and submitting it to Student Accounting Services. Students can also file a Federal Financial Aid Credit Authorization on the Student Link under “Money Matters” then choose “Federal Financial Aid Credit Authorization Status.”