Frequently Asked Questions

When will I get my financial aid refund?

Initial financial aid refunds will be released several days prior to the start of a term for students who meet all eligibility requirements. Refer to the electronic payment instructions included with your monthly billing statement for complete information specific to the current term. By direct deposit: Once you see a refund noted on your bursar account on OneStart, you know that IU has forwarded your funds to your chosen bank/financial institution. You can generally expect your funds to deposit in your bank account in 2 to 3 business days. Please check with your bank about the availability of your funds. By mail: If you do not have direct deposit your check will be mailed within 2 days of the date the refund is noted on your bursar account on OneStart. Please remember once the check is mailed Indiana University has no control over how long the post office takes to deliver it to you.

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Related Questions

  1. How will my refund be sent?
  2. How do I update my direct deposit information?
  3. What happens to excess funds if the bursar account is overpaid?
  4. Why did the Office of the Bursar send me a refund if I still have a balance owed on my bursar account?
  5. Can a Federal Direct Parent PLUS Loan refund check be picked up in the Office of the Bursar?
  6. Can a student pick up a Federal Direct Parent PLUS Loan refund check?
  7. I just found a refund check that is expired (more than 6 months old). Can I get the check replaced?
  8. I lost my refund check. Would you please send me another check?
  9. If I set up direct deposit, will my refund be deposited into my bank account the next day after it is ordered?
  10. Can a Federal Direct Parent PLUS Loan refund be issued via direct deposit?
  11. How do I get a refund?