Refund Information
Regular* Refunds are amounts due the student after disbursement credits are transmitted Monday/Tuesday and outstanding charges are deducted. Refund amounts are transmitted to Higher One Bank by these Friday dates. Students have a choice of opening a Higher One Bank account for fastest access to their refund OR having their refund transmitted via ACH to their own bank account, which usually takes a day or two extra. Students choosing neither will receive a paper check after 21 days.
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Pell Grant
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Spring 2012
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April 13 and May 25 |
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Summer 2012
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July 6
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Fall 2012
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September 28 and November 9
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Winter 2013
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January 11 and February 22
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Spring 2013
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April 12 and May 24
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SEOG, Cal Grant, Americorps, Scholarships*
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Spring 2012
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May 25
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Fall 2012
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November 9
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Winter 2013
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February 24
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Spring 2013
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May 24
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Direct Loans (unless subject to 30-day delay**)
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Summer 2012
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July 6 (August 3 if first-year, first-time)
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Fall 2012
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September 28
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Winter 2013
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January 11
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Spring 2013
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April 12
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*Scholarships
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Some vary upon request of donor, upon transfer etc.
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Work-Study
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On the 15th of the month after time sheet is approved online
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Disbursement Adjustments
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Reverse disbursements occur when units enrolled decreases
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*Regular refunds occur when:
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- application is completed prior to start of term, including loan requirements
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- enrolled in the required number of units at least one week prior to the start of term
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- not subject to disqualification
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- have no holds
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- when a regular refunds cannot be made, interim refunds are made weekly
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** For Direct Loan first-year student, first-time borrowers there is a 30-day delay in the release of a first loan disbursement. The refund will be issued the week after the 30-day delay has passed.
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