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SPC Refunds

Bank MobileRefunds to your selected refund preference occur when the amount of the disbursements received on your behalf is greater than the amount owed for tuition, fees, and the Book Line of Credit. The excess funds will be refunded to your refund option choice you made on BankMobile.

Choices include:

  • Electronic deposit to another account
    Money is transferred to another account the same business day BankMobile receives funds from your school. Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account.
  • Electronic deposit to a BankMobile Vibe Account
    If you open a BankMobile Vibe account (upon identity verification), money is deposited the same business day BankMobile receives funds from your school.

Financial aid refunds begin at the end of the fourth week of classes of the earliest session you are enrolled in.

Dates for refunds

Refunds are sent to your selected refund preference by the Business Office.

Students will begin receiving their financial assistance refunds if their financial assistance files are complete and awards are posted.

Per Federal regulations, first-time, first-year Stafford borrowers cannot receive their first loan disbursement until 30 calendar days after the first day of classes.

For more information on BankMobile disbursements go to: bankmobiledisbursements.com/refundchoices 

Fall 2017 Non-financial aid refunds

Date Refunds through BankMobile Disbursements
Aug. 25 Regular, Weekend and First 8-Week Mod classes
Sept. 22 Express classes
Oct. 20 Second 8-Week Mod classes

Fall 2017 first financial aid refunds dates*

Date Refunds through BankMobile Disbursements
Sept. 8 Regular and First 8-Week Mod classes
Sept. 15 First time, first-year borrowers for Regular and First 8-Week Mod classes
Sept. 8 Weekend classes
Sept. 22 First time, first-year borrowers for Weekend classes

Oct. 13

Oct. 6 

Express classes - CHANGED DUE TO HURRICANE IRMA

Oct. 20

Oct. 13 

First-time, first-year borrowers for Express classes - CHANGE DUE TO HURRICANE IRMA
Nov. 3 Second 8-Week Mod classes
Nov. 17 First-time, first-year borrowers for Second 8-Week Mod classes

Fall 2017 second financial aid refunds dates for single-term loans*

Date Refunds through BankMobile Disbursements
Sept. 22 First 8-Week Mod classes
Sept. 29 First time, first-year borrowers for First 8-Week Mod classes
Oct. 13 Regular classes
Oct. 13 First-time, first-year borrowers for Regular classes
Oct. 13 Weekend classes
Oct. 13 First-time, first-year borrowers for Weekend classes

Nov. 3

Oct. 27 

Express classes - CHANGED DUE TO HURRICANE IRMA

Nov. 3

Oct. 27 

First-time, first-year borrowers for Express classes - CHANGED DUE TO HURRICANE IRMA
Nov. 17 Second 8-Week Mod classes
Dec. 1 First-time, first-year borrowers for Second 8-Week Mod classes

* These are projected dates. 

Receiving your Refund

Select the BankMobile Refund Information playlist to see the following videos:

  • How to Receive Your Refund
  • When Will I Get My Refund?
  • Where Do I Go With Questions About My Refund?
  • Optional BankMobile Vibe Account