If you receive financial aid in excess of your university charges, the balance will be refunded to you to use toward other education-related expenses, i.e., off-campus room and board, transportation, personal/miscellaneous costs, etc. Early Financial Aid payments are scheduled to be credited to the student's CMU account one week before the start date of classes. Students applying for financial aid after the priority deadline of March 1 should be prepared to pay for Fall education and living expenses until their aid is processed and their refund is available.
To see refund dates, visit the Student Account Services and University Billing web page and select Electronic Refund Payment Dates.
How Refunds Are Issued
Once credited to the student's account by the Financial Aid Office, Student Account Services and University Billing issues electronic funds via BankMobile.
For more on all aspects of the refund process, visit Student Account Services and University Billing.