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. For more information about BankMobile, visit this link: 

To select or change your refund preference:

  • 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.