Only full time undergraduate students need to complete a Refund Request Form. PLEASE NOTE: This request form must be received and the credit must appear on your account by NOON on Tuesday for receipt of a refund the following week during the semester. (At the begining of each semester, refunds are not issued until after the drop-add period)
All other students will be automatically refunded. The credit must appear on your account by NOON on Tuesday for receipt of a refund the following week during the semester. (At the begining of each semester, refunds are not issued until after the drop-add period)
Loans typically disburse to student accounts no earlier than 10 days before the semester starts, provided the student is registered at least half-time for the upcoming semester and all financial aid requirements have been met. If you have a credit balance after your loan funds have disbursed, you should receive your spring or fall refund within 14 days after the start of classes. If we have not received your loan funds or you are not fully registered by the first day of class they will be refunded within 14 days of the disbursement of your loan funds or when you are fully registered. (See below for Summer Refund Information)
For Parent Plus Loans: According to Federal Guidelines if there is a Parent Loan on the account the refund must be issued to the borrower of the PLUS loan unless we are given written permission from the parent to issue the funds in the name of the student. The parent loan borrower can send written permission to: Student Refunds, Arcadia University, Room 115, 777 Limekiln Pike, Glenside, PA 19038.
All Refunds will be directly deposited into the U.S. Bank Account you have set up through the BankMobile Portal.We strongly encourage you to take advantage of this secure and more efficient way of receiving your refund. If you are not enrolled in Direct Deposit your check will be mailed to your preferred address.
If you have not yet selected a refund preference, please request a Personal Code from the One-Stop Shop. You will receive this code via your Arcadia email account. Follow the instructions in the email to make a refund preference.
If you have already selected a refund preference and need to request or change direct deposit, change your mailing address for your check or update your BankMobile profile login to www.refundselection.com, and make the needed changes. Please contact BankMobile directly if you have any questions regarding this process at 1-866-309-7454. For more information on BankMobile Disbursements, please visit www.BankMobileDisbursements.com/how-it-works.
If you have direct deposit for Work Study, you also need to set up direct deposit for your refund through BankMobile Disbursements.
Refunds are based on current information and are subject to correction. Please be advised that your current student credit balance is subject to change due to outstanding charges or changes in Financial Aid eligibility. You are responsible for reviewing all changes and/or credits on your e-bill for accuracy (including room and meal plan if applicable) and your Financial Aid. For any questions or discrepancies please call the One-Stop Shop at 215-517-2339 or email at email@example.com
Summer Refund Information
Please see section below entitled Summer Loan Disbursements to see when summer loans disburse to student accounts.
You should receive your refund within 14 days after the start of classes, if your loan funds have been disbursed to your account and you show a credit balance at the start of classes. If we do not receive your loan funds or you are not fully registered by the first day of class they will be refunded within 14 days of the disbursement of your loan funds or when you are fully registered.
ALL summer tuition is deducted (including tuition for future summer sessions in which you are registered). You may receive 1 or 2 refunds based on the disbursement of your loans.
Summer Loan Disbursements
Students registered for at least 6 credits in summer session 1 will have all their summer loan funds disburse to their student account ten days before summer session 1, provided they have completed all financial aid requirements.
Students registered for less than 6 credits in summer session 1 and who are also registered for summer session 2 will have half of their total summer loan disburse ten days before summer session 1 and the other half disburse ten days before summer session 2, provided they have acompleted all financial aid requirements.
Students registered for 3 credits for summer session 2 and 3 credits for summer session 3, will have half of their total summer loan disburse at the beginning of summer session 2, and the other half at the beginning of summer session 3, provided they have completed all financial aid requirements.
Students registered for 3 credits for each of the three summer sessions will have their total summer loan spread over three disbursements, each of which will disburse ten days before each respective session, provided they have completed all financial aid requirements.