Financial Aid Refund

twoinanddone
Mon, 06 Aug 2018 22:08:05 +0000

Sorry, but all different. In my sample size of 2, one school took forever. The didn’t even process it for 2-3 weeks after school started, and then it had to go to a processor in Pennsylvania and then they had to process it and mail it to the home address. It really did take 4-5 weeks.

The other school refunded anything in the account every Wednesday and put it my direct deposit into my account the next day. If FA was processed 10 days before the first day of the semester, the refund could happen 10 days before school started.

If you need the money early, go ask what you can do to make that happen faster. Can you set up direct deposit for refunds? Can they give you the exact dates? It may very well have to do with the drop/add days as they don’t want you to end up owing them.