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When to Expect Your Refund

Timing

Financial aid will normally be credited to the student account the first business day after the first week of classes. Refunds processing will begin immediately and will continue daily through the second week of classes. Beginning with the third week of classes, refunds will be processed each Friday to correspond with the weekly adjustment of financial aid. Once the refund is processed, a charge will show on your bursar account with the description of "Refund" and your credit balance will be reduced to $0.

When I will receive my refund?

From the day you see the refund on your Bursar account, those students with direct deposit will generally see a credit to their bank account in 2-3 business days. Otherwise, you should expect to receive a check in the mail in 7-10 business days. Payments made by credit card resulting in a credit balance will be refunded via credit card, and should appear within 10-14 business days.

Please view your account via One.IU for detailed information on your account.

Reasons for possible delays in refunds

  • Direct Deposit information is no longer valid
  • Eligibility problems:
    • Not enrolled in enough hours
    • Updates to class standing
    • Master promissory note is not signed
    • Loan Entrance Counseling is not completed
  • Prior term debts
  • No signed Title IV Authorization form on file
  • Bad address on file
  • Not set up for direct deposit.
  • Flagged by Student Loan Administration: Past due loan debts, required exit interview, etc.
  • Your correct mailing address is not on file at the Office of the Registrar
  • Original payment was made by personal check (we will wait 21 days from the date the check was posted to your account before we will refund any credits to ensure the check clears the bank.)

Campus Events

Bus Trip to IU Football vs. Michigan State (Kick-off TBD)

Bus Trip to IU Football vs. Michigan State (Kick-off TBD)

September 22nd, 2018

3:00 PM - 11:30 PM

Mental Health Screenings

Mental Health Screenings

September 24th, 2018

11:30 AM - 1:00 PM

Annual School of Business Golf Scramble

Annual School of Business Golf Scramble

September 28th, 2018

8:00 AM - 4:00 PM

Out of the Darkness Walk for Suicide Prevention

Out of the Darkness Walk for Suicide Prevention

September 29th, 2018

9:00 AM - 11:30 AM

Intramural Softball Registration Deadline

Intramural Softball Registration Deadline

October 3rd, 2018

5:00 PM - 5:01 PM

Common Experience Film Night: The True Cost

Common Experience Film Night: The True Cost

October 3rd, 2018

6:00 PM - 7:30 PM

Part-Time Job Fair

Part-Time Job Fair

October 4th, 2018

11:30 AM - 1:30 PM

Major and Career Exploration Workshop

Major and Career Exploration Workshop

October 4th, 2018

12:00 PM - 1:00 PM

Graduate Business Information Session

Graduate Business Information Session

October 4th, 2018

5:30 PM - 7:00 PM

Women's Self-Defense Class

Women's Self-Defense Class

October 4th, 2018

6:00 PM - 8:00 PM

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