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Refunds

Summer 2017 Financial Aid Excess Checks will be deposited/mailed out on Monday, June 26, 2017.

If your student account shows a credit balance, you may be entitled to receive a refund. The first set of Financial Aid refunds will be mailed or direct deposited on June 26, 2017. One term loan borrowers’ excess funds will be mailed or direct deposited on July 6, 2017. Checks are issued every 14 days for students who are not included in the initial check run.

Direct Deposit

Students have the option to have their excess funds electronically disbursed to the checking or savings account they designate. This makes the refund process faster than receiving a paper check, easy for the student, and more secure than mailing a paper check. Please check eStallion each term to make sure your bank account information is correct and current. To enroll in Direct Deposit, log in to eStallion and follow the steps below:

  1. Select the “eRefunds” tab
  2. Select the “Set up Account” link from the “Direct Deposit Bank Account” section

Students Guide To eRefunds

Important: Once your refund is processed, we are unable to stop it from going to refund method selected when processed. If your refund is rejected due to incorrect banking information, it may take 7 to 10 business for your refund to be reissued to you.

Paper Checks

If students do not elect direct deposit, then a paper check will be issued and mailed to them.  Students are NOT allowed to pick up checks. The paper checks will be mailed to your ABAC address, if you have a box on campus, or to the active mailing address in Banner. Please be sure to check that your address is valid.  You may update your address in Banner at any time.

How to Update your Mailing Address in ABAC Banner Web

Important: Once your refund check is mailed, we must wait a minimum for 10 business days before issuing a stop payment and requesting a reissue.

Stop Payment Request

If your refund check is lost or damaged and you would like to request a replacement, please submit a Stop Payment Request form.