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How and When Do I Get my Financial Aid Refunds?

Refunds for all types of financial aid will begin 30 days after the start of the semester.

  • You will receive loan funds in two disbursements each semester.
  • First disbursement will occur approximately 30 days after the beginning of the semester.
  • If tuition, fees and bookstore charges are greater than the first disbursement, the student will not receive a refund until the second disbursement of financial aid is received.
  • Second disbursement of loans will be made after the mid-point of the semester.
  • Because all financial aid funds will not be released until several weeks into the semester, you will need to plan ahead for non-educational expenses such as rent, transportation and child care.
  • You must be attending classes and continue to meet all eligibility requirements to receive a disbursement.

Important Note:  Any withdrawals or late starting classes may delay refunds.

See specific refund dates.

You must select your refund preference using the BankMobile Disbursements process. Please refer to the Student Financial Services Refund Process/BankMobile Disbursements webpage.

  • Refunds will be deposited to your selected refund preference with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.
  • Refunds cannot be released to students until financial aid funds are received by the college.
  • Some or all of the first payment may be needed to pay remaining charges.

Refund and BankMobile Disbursements questions please contact: Student Financial Services at (616) 234-4020 or visit Refund Process/BankMobile Disbursements for more information.