Financial Aid - Checks
All financial aid checks or electronic-funds transfers are received through the Student Service Center. Financial aid refunds include all types of NYS and federal student aid and student and parent loans. These checks, electronic-funds transfers, or portions thereof are applied directly to the respective student’s account. Disbursement of financial aid to student accounts may result in credit balances (that is financial aid and payments exceeding charges) which may result in a refund check to the student.
The Student Accounts Office sends refund files to a 3rd party Servicer (BankMobile Disbursements, a technology solution, powered by BMTX, Inc.) for processing through a method chosen by the student.