When will I get my financial aid refund?
Financial aid disbursements begin the second week of each term. Students should be aware of this and be prepared to use personal savings, or other resources, for anticipated expenses such as books and supplies, at the beginning of the term. Financial aid is applied to school expenses such as tuition, fees, and housing charges, depending on the authorizations you have given GSU. If the financial aid applied to your account exceeds the amount of charges, you will receive a refund of the residual amount. However, student eligibility requirements must be verified before refunds are processed. If you meet eligibility requirements, your refund will be direct deposited to your account approximately 10 business days after the end of Late Registration each semester, depending on the bank used for direct deposit. First-time freshman borrowers who have Federal Direct Loans must be enrolled in classes at Georgia State University for at least 30 days before their loan may be applied to their expens
Initial financial aid checks are released six to eight weeks into the semester. The checks are mailed out and may not be picked up at the Business Office. It is mailed to the address on record on your account. To receive your checks in a timely manner, you must keep your address updated with the Records & Registration office. You can check the status of your account on-line to see when the check has been issued. The check should be received 7-10 business days from the date the check appears on your account, but it may take up to two weeks. Please remember once the check is mailed, Ivy Tech Community College has no control over how long the post office takes to deliver it to you.
Initial financial aid refunds will be released several days prior to the start of a semester for students who meet all eligibility requirements. Refer to the bursar web site for the particular term in question for more details. By direct deposit: Once you see ‘refund’ noted on your bursar account on OneStart, you know that IU has forwarded your funds to your chosen bank/ financial institution. You can generally expect your funds to deposit in your bank account within 3 to 4 business days. Please check with your bank about the availability of your funds. By mail: If you do not have direct deposit your check will be mailed within 2 days of the date the refund is noted on your bursar account on OneStart. Please remember once the check is mailed Indiana University has no control over how long the post office takes to deliver it to you.
Initial financial aid refunds will be released several days prior to the start of a term for students who meet all eligibility requirements. Refer to the electronic payment instructions included with your monthly billing statement for complete information specific to the current term. By direct deposit: Once you see a refund noted on your bursar account on OneStart, you know that IU has forwarded your funds to your chosen bank/financial institution. You can generally expect your funds to deposit in your bank account in 2 to 3 business days. Please check with your bank about the availability of your funds. By mail: If you do not have direct deposit your check will be mailed within 2 days of the date the refund is noted on your bursar account on OneStart. Please remember once the check is mailed Indiana University has no control over how long the post office takes to deliver it to you.
o Initial financial aid refunds will be released approximately 1 week prior to the start of a semester for students who meet all eligibility requirements. Refer to the payment instructions sent with your monthly statement for complete information specific to the current semester. By direct deposit: Once you see refund noted on your bursar account on OneStart, you know that IU has forwarded your funds to your chosen bank/financial institution. You can generally expect your funds to deposit in your bank account in 2 to 3 business days. Please check with your bank about the availability of your funds. By mail: If you do not have direct deposit your check will be mailed within 2 days of the date the refund is noted on your bursar account on OneStart. Please remember that once the check is mailed, Indiana University has no control over how long the post office takes to deliver it to you.
