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 Funds are not withdrawn from your account to pay your bill as a result of this authorization.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.
How to set up direct deposit for tuition & fee refunds
- You must have a U.S. checking or savings account before you can set up direct deposit.
- Have your bank routing and account numbers ready. Do not use credit or debit card numbers.
- TIP: Your routing number is a nine-digit code which identifies your bank. Check your bank's website.
- Log in to MyCUInfo.
- Some students may need to select the Student tab, then select the Billing Information tab.
- Click Direct Deposit of Tuition and Fee Refunds.
- Follow the rest of the instructions for submitting your information and authorization.