Financial Aid Refunds

The Office of Financial Aid & Scholarships (OFAS) is required by federal law to verify that students are eligible for the loan by being registered (at least half-time) as a matriculated student. The OFAS begins the verification process after Add/Drop period ends, which is within the first two weeks of the semester. Once OFAS verifies the students eligibility, the loan/scholarship/grant funds are disbursed to the student's account; the Bursar's Office then runs a report which shows students whose accounts have a credit balance (negative) as a result of the disbursement.
Once its determined that a student is eligible for a refund, it may take up to 14 days to have a refund issued. Students who would like to receive their refund quicker, safer, and more convenient, can setup a OneAccount that is linked to their Owl Choice Card Debit MasterCard.
Students must active their refund preference, otherwise their refund may be significantly delayed. Click here to learn more about activating your refund preference.
NOTE: If you would like to use your excess Financial Aid to purchase books, supplies, etc, you can request to add up to $800 in your excess funds to you Hoot Loot Card by clicking on: http://hootloot.southernct.edu
For more information about Financial Aid matters, please visit the Office of Financial Aid & Scholarships' website.

