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Why do I need to select a refund preference with BankMobile Vibe if I’m not receiving Financial Aid?

Why do I need to select a refund preference with BankMobile Vibe if I’m not receiving Financial Aid?

All student refunds are sent to BankMobile for disbursement.  It's important for students to pay attention to their Banner Web Accounts due to changes in Account Summary.  Below are examples of situations that may result in a Refund and the Banner Codes which signifies a student is due a refund.

  • Student pays for classes out-of-pocket and then withdraws before the drop class deadline (REFN)
  • Student over pays for tuition and fees (OVPY)
  • Student received Financial Aid, and after tuition and fees are paid, there is money left for student (FARB)
Last edited on June 07, 2019 by Victor Poole