Refunds typically result from schedule adjustments, health insurance waiver, overpayment, financial aid, or confirmation deposits. Regardless of who paid the bill (except for parent loan 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

Sign up for direct deposit to get your refund fast.

  • Sign up before you're expecting a refund in order for the refund to be deposited instead of mailed.
  • Refunds are processed weeknights. The money will be available in your account in 2-3 business days (typically sooner), depending on your bank.
  • This 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 Funds are not withdrawn from your account to pay your bill as a result of this authorization.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.
  • This direct deposit is not the same as your payroll direct deposit. If you are working for CU, you'll need to do both.

How to Set Up Direct Deposit for Tuition & Fee Refunds

  1. You must have a U.S. checking or savings account before you can set up direct deposit.
  2. Have your bank routing and account numbers ready. Do not use credit or debit card numbers.
    TIP: Your bank routing number is a nine-digit code which identifies your bank and is usually available on your bank's website.
  3. Log in to the student portal.
  4. Some students may need to select the Student tab, then select the Billing Information tab.
  5. Click Direct Deposit of Tuition and Fee Refunds.
  6. Follow the rest of the instructions for submitting your information and authorization.

Step-by-Step Instructions to set up Direct Deposit