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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.

A schedule of refund payment dates and information about Parent PLUS refunds are available below.


Fall 2022 refund dates

Parent Plus Refunds Processed TuesdayRegular Refunds Processed Wednesday
08/30/2022 08/31/2022
First Fall Refund
09/06/2022 09/07/2022
09/13/2022 09/14/2022
09/20/2022 09/21/2022
09/27/2022 09/28/2022
10/04/2022 10/05/2022
10/11/2022 10/12/2022
10/18/2022 10/19/2022
10/25/2022 10/26/2022
11/01/2022 11/02/2022
11/08/2022 11/09/2022
11/15/2022 11/16/2022

11/22/2022
11/29/2022 11/30/2022
12/06/2022 12/07/2022
12/13/2022 12/14/2022
12/20/2022 12/21/2022

 

Non-student/business refund dates

2nd Monday, monthly:

  • September 12, 2022
  • October 10, 2022
  • November 14, 2022
  • December 12, 2022

Refund assistance

To select a refund preference, log in to CentralLink and follow the prompts from the Student Refund app.

To provide flexible options for student account refunds, Central Michigan University has partnered with BankMobile.

If you are unable to access your online account or have questions about your refund method, contact BankMobile customer care at (877) 327-9515 or follow this link to request support online.

Note: Refund account changes made on refund payment dates may not take effect before refunds are processed. To confirm the account your refund has been sent to, please sign in to your BankMobile profile.

To view our institution's contract with BankMobile, a division of Customers Bank, please visit BankMobile's site.

Visit BankMobile

Federal Parent PLUS Loans are disbursed directly to students’ billing accounts. When applied in combination with student loans and other financial aid, Parent PLUS loans are the first to be disbursed.

Borrowers may elect to receive refunds of overpayments directly in certain cases. Any credit balance up to the amount of the student’s financial aid award is first refunded to the student. If a credit balance remains, that amount can be refunded to the Parent PLUS borrower(s).

Direct Deposit

A letter will be mailed which contains an identification (business partner) number and verification code. Upon receipt, the borrower(s) should navigate to the linked website below.

Provide your business partner number, verification code and birthdate to log in then follow the prompts to set up your direct deposit account.

If you have questions about your direct deposit, call OneCentral at (989) 774-3618 or email us at onecentral@cmich.edu.

Parent PLUS Direct Deposit Setup