If you are looking at your Bill Payment Suite, you may see estimated financial aid that has not yet been posted to your student account. The estimated financial aid is displayed in Your Bill Payment Suite to hold your classes. You will not actually have an excess credit on your account that is available to be refunded until the financial aid has been disbursed and posted to your account.
If you are looking at your Account Activity, negative balance indicates that you have an overpayment that has not yet been refunded.
Financial Aid Refunds begin generating 10 days prior to the first class day.
Student Account Refunds begin generating after the add/drop period ends which is the 5th class day for Fall and Spring terms and the 4th class day for Summer terms.
A refund should be generated the next business day after the credit appears on your account. If you have not provided your bank account information for direct deposit of your refunds, a refund suppress will be placed on your account which will prevent refunds from generating. The suppress will be removed and refunds generated in approximately two business days after the bank account information is provided.
Refunds are generated Monday through Friday except for university holidays.
It is not recommended to leave a negative balance on an account because some scholarships, grants or financial aid are specific to the term or academic year and cannot be used for future terms.
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