Refunds typically result from schedule adjustments, health insurance waiver, overpayment, financial aid, or confirmation deposits. Regardless of who paid the bill (except for parent loans refunds designated for the parent borrower), refunds are issued in the student's name.
Refunds reflect current account activity. It is possible that you could see new charges on your bill after getting a refund (due to schedule changes, enrollment in waitlisted classes, or financial aid adjustments, for example). Also, Continuing Education classes are billed separately so it is possible to get a refund from Main Campus classes and still owe a bill to Continuing Education.
Direct deposit refunds are processed weeknights and are available in two to three business days, typically sooner depending on the bank. This direct deposit authorization allows funds to be deposited into your account only. Funds are not withdrawn from your account to pay your bill as a result of this authorization. Parent PLUS loan refunds to parent borrowers are not eligible for direct deposit.