Refunds

Students are eligible to receive a financial aid refund when their aid exceeds the charges on their university bill.

Direct deposit is the fastest and most secure way to receive your refund. Direct deposit refunds typically take 2-3 days to appear in your account. To sign up for direct deposit, you will need to enter the routing and account number of the bank account you would like the funds to be put into in KSIS. Please note: Previously entered banking information used for payment purposes (ACH) is not stored for Direct Deposit use. Sign-up is separate.

Direct deposit is also available to parents eligible to receive a Parent Plus Loan refund. If direct deposit information is not provided, a paper check refund will be mailed to the student's local address in KSIS. Update your address in KSIS.

 

Find your banking information

Bank account and routing numbers are often found within "user profile," "account information/details," or similarly titled sections of most mobile banking apps or at the bottom of a paper check (shown below). Most banking statements list account numbers at the top of the document and may share their routing number online. Presentation of this information varies by banking service. If you have difficulty locating your account or routing number, please contact your bank.

On a check

 

Refunds and Late Fees

Title IV aid will not pay default charges (aka late fees) such as late enrollment, student collection fees, uncollectible check fees, ESL late fees, etc. The Department of Education will allow federal student aid to pay late fees on library or parking fines, as these are fines related to a student's Cost of Attendance.

Should you receive a refund and still owe a balance, these are likely charges that federal aid is no longer permitted to pay.