Refunds from CMU

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.