Is the refund check issued by semester or by year?

Colleges and Universities A-Z University of California - Berkeley
1

<p>I received one in the beginning of the fall semester. I wonder if I'll get one for spring. I know financial aid is disbursed by semester, I wonder if the same applies to refund checks. Thanks.</p>

2

<p>yup, I just got my refund check for spring today. Woot!</p>