Office of the Bursar

Credit Balance Refunds

The Bursar Office utilizes an electronic credit balance refund system managed by Tuition Management Systems (TMS). 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 and once the student has started enough classes for that term to be considered ½ time status.   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 a debit card or ACH transfer (direct deposit to checking/savings). Students must enroll online to authorize which method they prefer.  If a preference is not selected, a paper check will be mailed. Students will receive an email with a secure link to choose the credit balance refund preference.  Once added to the online system, students can visit to view credit balance refund history, update profile, or change method of disbursement.   Please visit for more information. 

Helpful Resources

Credit Balance Authorization

Employer Deferred Billing

Direct Billing (this form and the employer voucher for billing due by the first day of each semester)

Financial Responsibility Agreement

Chicago Police Department Tuition Promissory Note
(Only to be used by sworn police officers of the CPD)

Non-Chicago Police Department Tuition Promissory Note
(Only to be used by Non-CPD sworn police officers)