Refunds may be available to you if your financial aid has paid your total USD bill and a credit remains on your account. Estimated financial aid must be posted to your student account in order for a credit to exist and for a refund to be processed.
Additional Information
Credit balances resulting from a check payment are refunded 10 business days after payment is received.
All refunds of check overpayments from personal sources, including payments from a trust up to $5,000 are refunded to the student.
Payments made from a trust account, resulting in an excess of $5,000 will be returned directly to the trust account.
If there is an excess distribution of funds from a 529 plan payment it will be refunded to the 529 plan directly. Please refer to Publication 970 and consult your tax advisor or 529 plan administrator regarding the excess funds and tax implications.