Student Refunds

Student Refunds

Financial aid disbursements will occur on the 10th day of class in order to comply with federal regulations regarding certification of class attendance. Funds generally are not applied to students’ accounts until the financial enrollment process has been completed. Since this usually occurs after the start of classes, student should have resources to sustain themselves until funds are credited and refunds have been processed. Loan funds for first-time borrowers are not disbursed until the 30th day of class, per federal regulations.

BankMobile Disbursement Refunds:

CAU delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. For more information about BankMobile Disbursements, visit this link: https://bankmobiledisbursements.com/refundchoices/.

To view our third-party servicer contract for refund management, click here.

The PAWCard will no longer have the option to receive student refunds.  Please click on the links below for more information. 

Refunds are available on Fridays.  Parent Plus refunds are disbursed as a paper check mail out the next business day

Notes:

• Credits from external scholarships may need approval from donor before refund is processed.

• Institutional scholarships are non-refundable.

***Dates are subject to change.