Refunds may be issued from Central Michigan University for a variety of reasons: disbursement of financial aid, dropped courses, bookstore returns, etc.
All student refunds are issued electronically by BankMobile
, CMU's refund payment service provider. Students may elect direct deposit into an existing checking or savings account or set up a BankMobile Vibe checking account.
To select or change your refund payment method:
- Log in to CentralLink
- Click, "My Account"
- Click, "Set Up Direct Deposit for my Student Refund Method"
- Follow the BankMobile website prompts
Refunds due to non-student and business accountholders are issued on the second Monday of each month.
More information about BankMobile, a schedule of student refund payment dates and information about excess funds issued directly to borrowers of Federal Direct Parent PLUS loans is available by following the links to the right.