Refunds from Overpayment/Excess Financial Aid
The Student Accounts Office prepares refunds every two weeks for those students who have received Financial Aid that results in a credit balance or who have overpaid. The University mandates all students complete a direct deposit form for refunds. If the office does not have direct deposit information, refunds will be mailed to the address our office has on file. Refund Checks cannot be picked up at the Cashier's Office.
The first refund resulting from excess Financial Aid for each semester will be available soon after the third or fourth week of class. In order to receive a refund at that time, your financial aid must have been processed prior to the financial aid deadlines. Late financial aid will be processed as soon as it is received.
The tentative refund dates, as scheduled below, are in conjunction with the disclosure statement, which can be found at studentloans.gov. For more information regarding disbursement dates of loans, please visit Financial Aid at http://www.lincolnu.edu/web/financial-aid/faqs-financial-aid.
The tentative first refund dates for the year are (Tentative refund dates are subject to change!):
|September 23, 2020||First Refund|
|October 21, 2020||Second Refund|
|October 7, 2020||First Refund for First-Time Borrowers|
|February 17, 2021||First Refund|
|March 17, 2021||Second Refund|
|March 3, 2021||First Refund for First-Time Borrowers|
|June 30, 2021||First Refund|
|July 28, 2021||Second Refund|
|July 28, 2021||First Refund for First-Time Borrowers|
Note: These refund dates are tentative and subject to change without notice. To inquire about the availability of a refund, use Self-Service.