Navarro College
Fall Semester 2018-19
Fall classes start August 27th, When will I get my refund? I’ve heard 10 days before school starts, later on after the semester starts, and August 23rd. When will I get my BankMobile green card letter In the mail as they say Is sent out to you. I’m just trying to get a straight answer so I can know If I can use the money to get my school books!
It can be no sooner than 10 days before the start of the semester if it includes federal funds (direct loan, Pell grant, SEOG). Every school has their own schedule. Ask your billing office, not the FA office.
I have one daughter whose bill isn’t even due until 3 weeks after the semester starts. They have done refunds, and by direct deposit into my account, 10 days before the semester even starts because when she did study abroad, I had to pay the outside organizer. They are great.
I have another daughter whose bill was due a week before school started but they didn’t do any refunds until about 3 weeks after school started. She tried to sign up for direct deposit but it wouldn’t work so we had to wait for a check to be cut. Then an outside processor sent the check to her home address! Luckily, she still used her bank here I live so I’d just deposit it into her account. It was a ridiculously long time so she had to use her summer work money for her Aug, Sept rent, and books and anything else she needed.
We dont know the particulars of your college. Call them and ask.
Schools are allowed to release loans no more than 10 days prior to the first day of the semester. That does not mean they have to or will do it 10 days in advance (employees do take weekends and holidays off sometimes, so the timing varies), and it doesn’t mean that if they release that day it is applied that day. And of course, it doesn’t mean they can or will refund that day. As stated above, only your school can tell you your school’s policy.