What does it mean when financial aid gives you a refund?

A refund check is money that is directly given to you from your school, but it’s not a gift. It is the excess money left over from your financial aid package after your tuition and fees have been paid. Schools use “gift aid” first to pay your tuition and fees, so grants and scholarships are exhausted first.

How do I claim my financial aid refund?

Direct Deposit – Students may be given the option of having their financial aid refund sent to their bank via direct deposit. You will need to provide your school’s financial aid office with your bank account and routing information so they can make the deposit.

What is direct deposit refund financial aid?

Direct deposit is a way to have student refunds electronically deposited into your bank account instead of waiting for a check to be mailed. If you do not provide any bank information, you will receive your refund via check.

Are there any refunds for JCTC spring term?

Students enrolling for the spring term only: (were not enrolled at JCTC for the fall term or withdrew from fall and returned for spring). The first half disburses/refunds according to the regular disbursement schedule.

Where can I get a refund from KCTCS?

View KCTCS’s contract with BankMobile, a Division of Customers Bank . Check your refund preference and update your account information by logging into your Bank Mobile (Higher One) account at bankmobilevibe.com.

Where to apply for financial aid at JCTC?

Complete the 2020-21 Free Application for Federal Student Aid (FAFSA) at the FAFSA website using school code 006961. If you received financial aid at JCTC during the Fall 2020 and/or Spring 2021 semesters, you have met this requirement.

When do I get my financial aid refund?

Financial Aid is disbursed and refunded according to established KCTCS, Jefferson Community and Technical College (JCTC), and federal timelines and guidelines. Students should not expect any refund from excess funds until mid-September for the Fall term, early February for the Spring term,…