Refunds & Advances
All students are expected to establish direct deposit with a valid bank account. Refunds will be issued via direct deposit unless a third party refund is requested. Download the Direct Deposit Authorization Form.
SFS will automatically generate refunds on a weekly basis after the beginning of the first Bill_Pay period. The first available refund date for each Bill_Pay period is detailed under important processing dates.
Any refund required by federal regulation will be sent within the required time period. Refunds will be processed weekly. During College closures refunds will be processed the following week.
Refunds are processed for actual credit balances only. Pending credits do not qualify. A refund will not be processed unless all loan requirements needed to disburse the loan are met and confirmed by SFS in a timely manner.
Advances of up to $2,000 are allowed only once prior to each Bill_Pay Period and no earlier than three weeks prior to the first available refund date for the applicable Bill_Pay Period. Click here for important processing dates.
An advance will not be processed unless all loan requirements needed to disburse the loan are met and confirmed by SFS in a timely manner.
While College staff work diligently to meet the dates listed, please note that College processing dates are approximate and could be changed due to processing constraints, unforeseen College closings or Banner system issues.
Students returning from a leave or withdrawal under an individual agreement with the Dean, such as a July or September start date, should contact email@example.com to inquire about advance and refund dates per Bill_Pay Period. After the first disbursement for each Bill_Pay Period, refunds will be automatically generated on a weekly basis as detailed above.