Credit balance & direct deposit
A credit balance in your student account is created when you have excess financial aid remaining after all eligible charges on your account are paid in full. For example, when your financial aid amounts exceed the total amount of tuition and fees billed to your student account. In this case, the credit balance would be remitted to you in the amount of the excess funds.
If you cancel or withdraw from classes, your financial aid may be adjusted and you may owe some or all of your credit balance back to the University.
Direct deposit required
You are required by the University to sign up for direct deposit to your bank checking or savings account so your student account credit balance can be transferred to you electronically. Direct deposit is an easy, secure method that transfers your credit balance automatically.
Go to Direct Deposit Online to sign up by completing the online form. Once your authorization is processed, all credit balance funds will be automatically transferred into your designated checking or savings account within two- three business days. Be sure to confirm with your bank that your funds are available in your checking account before you begin to write checks, pay bills, or withdraw money.
