Federal Student Aid (FSA) Credit Balance Refunds
When you pay for your education using Federal Student Aid (FSA), the total amount of your semester funding (loan or grant) is paid directly to the university to cover your tuition and fees for the semester. Any remaining funds will be delivered to you to cover other educational expenses. We call this your “credit balance refund.”
The university receives FSA funds approximately 30 calendar days after the start of your academic semester. It then takes up to 14 days to process credit balance refunds. Therefore, you should expect to receive your funding approximately 45 days after the beginning of a semester.
Note: This process may take longer if you have not completed or maintained all necessary requirements to receive FSA funding.
Our school delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information:
https://bankmobiledisbursements.com/refundchoicessso/
To view our contract, visit:
https://www.vibeaccount.com/swc/doc/landing/qwa9epiwyz82vs5ff48z
For additional assistance with financial aid credit balance refunds, contact the university’s finance financial aid office at [email protected] or calling 855-731-9218 (Mon – Fri 8 a.m. to 9 p.m. ET).