Refunds

A refund is the amount of money left over after all of your payments, scholarships, grants, and federal and private student loans are applied toward tuition, fees and other direct educational expenses for the semester.. Student refunds are processed automatically when a balance is due to the student. Any amount paid in excess of the amount owed may be applied against charges that are outstanding prior to a refund taking place.

Please note some types of financial aid payments may not be used to pay a balance owed to the university. In addition, credits issued to a student’s account within 10 business days of a web check payment will be held for an additional 10 business days.

Why Is My Refund in the Charges Column?

We know this can be confusing! To put a technical term on it, this boils down to the accounting principles of debits and credits. To try to be less technical, when you look at your account, there are two options - charges and payments - since most people are more familiar with those terms. A refund is a check or direct deposit issued with funds withdrawn from your student account. Because of this, refunds are "charged" to your account.

When you have more payments on your account than charges, it creates a negative balance on your account, which usually means you are due a refund. We have to somehow indicate on your account that we have refunded that negative balance to you. In order to balance your account and reflect that we have distributed your refund, we must record the refund in the “charges” column.

Even though the value of your refund appears in the charges column, it is NOT an amount you are being “charged.” It is just the way we have to "balance the books."

Options to receive refunds at FAU are as follows:

1. To your bank account via direct deposit

2. A paper check to the address on file with FAU

Get your refund in as little as 3-5 business days with Direct Deposit!

Sign into MyFAU
Select FAU Self-Service
Select Student Bill
Select Direct Deposit
Select Add or Update Direct Deposit Information and complete the information that is requested.

check

Click Save when you have finished.