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Financial Aid Refund Check Policy

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  • All refund checks will be mailed to your permanent address on file or if you have signed up for direct deposit it will be deposited into the bank account that you have provided online.  Refund checks can not be picked up. Please view your address information via: http://gothicnet.njcu.edu/ to ensure all information is current and accurate. If you would like to set up direct deposit for your refund click here and follow the instructions.

    • Refunds checks from financial aid will only be issued on credit balances after actual aid disbursement, and will not be issued based on anticipated aid. 
    • Financial aid refunds will be mailed 10-14 days after disbursement has occurred and credit balances are reflected in student accounts. 

    Please Note: All request for Stop Payments on student refund checks must be done 15 business days after the issue date. Stop Payment request must be completed in person at the Bursars Office.

    • Students expecting refunds from excess financial aid and/or loans need to meet the following criteria: 
    • Student is in good academic standing; 
    • Student is admitted into a qualified certificate, diploma, or degree program; 
    • Funds will not begin to be disbursed until at least 14 days after the start of the term and refund checks will be mailed 10-14 days after disbursement. 
    • The financial aid has been PAID to the account; 
    • Account must have a credit balance after charges have been paid. 
     
    For important information on repaying loans please visit the Department of Education website.

    If you have any questions, please email bursar@njcu.edu or contact the office at (201)200-3045.