The Business Office utilizes an electronic credit balance refund system. If a student account reflects a credit balance after Federal Student Aid has been applied to current charges or due to overpayment, a refund will be issued. Refunds are not issued until after the class drop period. Additionally, refunds are not issued until Financial Aid Services has verified and credited the appropriate financial aid to the student account. Students have the option to authorize the credit to remain on the account, request a partial refund, or transfer available credit to flight accounts by completing a “Credit Balance Authorization Form”.
Students have the option to receive refunds in the form of debit cards or ACH transfers (direct deposit to checking/savings). Students must enroll online to authorize which method they prefer. If the student does not choose a method of reimbursement, a debit card will be automatically issued.
By enrolling in the electronic credit balance refund system, students can completely manage their credit balance refund online. Students can update the method of reimbursement, track the status of disbursements and view detailed reports of debit card activity.