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Issuing Refunds at °ÄÃÅÌìÌì²Ê

Issuing Refunds at °ÄÃÅÌìÌì²Ê

Issuing Refunds at the °ÄÃÅÌìÌì²Ê

Each week the °ÄÃÅÌìÌì²Ê reviews student accounts for credit balances. Those accounts found to have a credit balance are flagged and audited to determine if the credit balance belongs to the student. All credit balances that belong to students or other qualified third parties are then processed for disbursement. The funds are disbursed with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.

Funding for the Title IV programs is received by EFT. Funds received by EFT are posted to the correct student account within three days (3) of notification of receipt of the funds. Student Account Services will then have the credit balance disbursed with BankMobile Disbursements within fourteen days (14) from the time the credit is posted to the student account. The refund will then be disbursed with BankMobile Disbursements to the student using the method chosen by the student.

°ÄÃÅÌìÌì²Ê Refund Program

°ÄÃÅÌìÌì²Ê Refund Program – The °ÄÃÅÌìÌì²Ê delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.  Visit this link:   to view our third party servicer contract for refund management, click .