Are you eligible for a refund?
If you have a credit balance due to dropped courses, excess financial aid, or a resolved tuition dispute, you’ll receive a refund.
How you'll receive your refund
The fastest, safest way to receive your refund is through direct deposit. Direct deposit eliminates mailing delays and ensures your funds go straight to your personal checking or savings account.
If you do not sign up for direct deposit, your refund will be mailed as a check to the address on your student record. This may take additional time.
When you'll receive your refund
After your financial aid is applied to eligible charges—such as tuition, mandatory fees, and other allowable expenses—any remaining credit balance will be refunded to you. You do not need to request a refund; the process happens automatically.
At 91制片厂, most financial aid is disbursed on Tuesdays after the first week of classes, and refunds begin Wednesdays of the second week for fall and spring semesters.
Once your refund is issued, it typically takes 2–5 business days to reach your bank account if you use direct deposit.
Refund Schedule
The refund amount received after withdrawing from a class or all classes varies on the length of the course(s) and date of your withdrawal.
You may still owe a balance
Even if you receive a refund, you may still owe a balance under certain circumstances. For example:
- You have not completed your Title IV authorization, so federal aid cannot pay certain charges.
- Your enrollment changes after aid is disbursed.
- Your financial aid package is adjusted after disbursement.
To avoid unexpected charges, review your student account regularly in One.IU and make sure your Title IV authorization is submitted.
What happens if you drop or withdraw
If you drop classes or withdraw from the university after receiving a refund, you may be required to repay all or part of the refunded amount. Refund and withdrawal calculations follow federal and university guidelines.
Need help?
If you have questions about your refund, disbursement, or student account, contact the Office of Student Accounts.
Office of Student Accounts
91制片厂
3400 Broadway
Hawthorn Hall, Room 109
Gary, Indiana 46408
Phone: 219-981-5626 or toll free (888) YOUR-IUN (968-7486)
Email: rdhksc@iu.edu
You may owe money even if you get a refund
Remember to sign your Title IV authorization. If you don’t, your financial aid may not pay off your entire bursar bill. You may get a refund but also have an outstanding balance on your student account. You must pay the balance by the due date to avoid late payment fees and holds on your account.
