How do I get a refund from UMD?

If you have a credit on your account NOT related to Covid-19 Spring 2020 term credits/refunds and would like to request an emergency refund of those funds, please email our team at [email protected]. Be sure to include your UID, whether you are enrolled already in direct deposit, and any other pertinent information.

How long does direct deposit take UMD?

If you have excess funds after your tuition, fees, housing, and other authorized charges are paid, that money will be sent to the bank account you designated for direct deposit. This can take up to ten business days after a credit appears on your UMD Student Account.

What does a negative balance mean UMD?

If your student account had an outstanding balance, credits were first posted to this balance. You may view your current account balance and activity at billpay.umd.edu. If you are due a refund, the dollar amount appears as a negative number.

How are student refunds distributed at the University of Maryland?

All student refunds will be distributed according to the method of payment chosen by each student through the BankMobile website for student refund processing. Students will need to choose their method of refund delivery by using the personal code they will receive in the mail.

When to apply for financial aid at UMD?

Applying for financial aid is a free and simple way to help bridge the gap between the cost of education and the student’s resources. The University of Maryland (UMD) strongly encourages all students, regardless of financial circumstance, to apply for financial aid which can be done prior to being admitted or enrolling at the university.

How to contact Student Financial Services at UMB?

For additional assistance, please contact Student Financial Services at [email protected]. Title IV Federal regulation requires that loan refunds be received by the student within 14 days. UMB strives to have this time shortened to 7-10 days. The refund file (list of all students expecting refunds) is generated and sent to BankMobile.

How are financial aid funds refunded to students?

Any residual financial aid funds will be refunded to the student via BankMobile according to the refund preference selected.