The Value of Your Refund

The Value of Your Refund

What is a refund?
It is what happens when the combination of financial aid grants, loans or scholarships exceeds the amount of Direct Charges (Tuition, Fees, Room, and Board). Funds not applied to cover education costs (direct charges) result in a financial aid refund paid to the student.

 

What is it used for?

Books, school supplies, computers, calculators, cleaning supplies, transportation home for the holidays, miscellaneous personal items, toiletries, laundry, and other necessary living expenses.

 

How is the refund given to the student?

Not all unused aid returns to the student. For example:  Refunds for the Parent Loan for Undergraduate Students (PLUS) will be sent to the parent borrower. Any other refund will be given to the student.

When your financial aid posts to your account, we are waiting for the actual funds and approval from the Department of Education before we can issue a refund to you.

Refunds are available five business days after you see Fee Refund on your account.

 

What are the dates refunds will be distributed?

DISBURSEMENT DATE SCHEDULED REFUND DATE
January 27, 2017 February 14, 2017
February 09, 2017 February 23, 2017
March 9, 2017 March 23, 2017

***NOTE: THESE DATES ARE SUBJECT TO CHANGE***

Check your MyCSU account often for any updates!