Refund Requests

 

Financial Assistance Refunds

Meredith College students whose financial aid exceeds their charges may be eligible to receive a financial assistance refund in the amount of the overage. These extra funds can be paid to the student (or parent in the case of a parent PLUS loan) once all aid has been credited to the student’s account and all charges have been satisfied.  A refund can be in the form of a check, a credit on the Meredith College student Cam-Card, or a combination of both check and Cam-Card credit.  A Cam-Card can be used in the bookstore or anywhere on campus the Cam-Card is accepted.  

If you believe that you have completed all of the necessary forms and have excess funds you would like a credit to be placed on a Cam-Card and/or issued to you in a refund check, please go to the link below .  

 

Submit By:

Available

Cam-card

August 14, 2014

August 18, 2014

Refund Check

August 28, 2014

September 3, 2014

 

Click Here To Request Your Refund

How to Ensure a Timely and Accurate Refund

In order to be eligible for any refund whatsoever, you must have all your financial assistance forms in place.  Here is a list of the most common situations and missing information that cause a delayed or inaccurate refund:

MOST COMMON CAUSES OF DELAYED OR INACCURATE REFUND:

  • Direct Subsidized/Unsubsidized Student Loan Master Promissory Note Not Signed- To complete your Master Promissory Note, please visit www.studentloans.gov. Sign in and follow the online instructions to complete the process.  If you have not yet completed your entrance loan counseling, you will need to do so in order for your loan to arrive.  Failure to complete this step will prevent your loan funds from disbursing and will delay your Cam-Card and/or refund check from being processed. 
  • Alternative Loan Promissory Note Not Signed or Complete- Make sure your alternative loan paperwork is signed and complete. 
  • North Carolina Need Based Scholarship Form Not Complete- In order to receive the NC Need Based Scholarship (if it is listed on your award letter), you will need to complete the application for the North Carolina Need Based Scholarship.  If you need a copy of the form, please click here to download the 2014-2015 North Carolina Need Based Scholarship form.  Please complete the form, sign it, and return it to our office. Any delay in the receipt of the form will delay your Cam-Card and/or refund check from being processed. 
  • Additional Charges Incur on Account After Refund is Issued- Please consider whether or not you have already been charged for all your necessary fees (e.g. your parking, lab, music, and graduation fees). These fees may not be accounted for in the issuance of your refund. Please be reminded you will be responsible for paying any additional charges you incur after receiving your refund. 
Calculating Your Refund

To calculate the amount of your refund, simply subtract your semester charges from your anticipated financial assistance for the semester.  Charges are located on your Statement of Account issued by the Office of Accounting.  Anticipated financial assistance is listed by semester on the Statement of Award issued by the Office of Financial Assistance.  In order to ensure accurate charges, you must be properly registered for all classes and anticipate any additional charges or fees.  Additionally, all necessary paperwork and tasks required by the financial assistance office must be completed in order for aid to be credited to your account and your “refund” issued.

Distribution of Financial Aid Refunds (Cam-Card or Refund Check)

If you are eligible to receive a refund, you may request it to be issued in check form, a credit on your Meredith College Cam-Card, or a combination of both check and Cam-Card credit.  During the regular academic year, financial aid refunds issued in the form of a Cam-Card credit are generally available two days prior to the first day of classes. The actual refund day can vary each semester and is determined generally a month prior to the start of each semester.

Students Receiving Parent PLUS Loans

Students who have a Parent Loan for Undergraduate Students (PLUS loan) in their award package will have their refund mailed to their parent(s) home address, and the refund check will be issued in the name of the parent borrower, NOT the student.  In order to issue the refund directly to the student, students and parents must complete and sign a PLUS loan refund release authorization form and return it to our office.  To download the form, please click here. 

Requesting a Financial Aid Refund

If you believe that you have completed all of the necessary forms and have excess funds you would like a credit to be placed on a Cam-Card and/or issued to you in a refund check, please go to the link below .  

Click Here To Request Your Refund

 Disclaimer (special rules and exceptions)
  • You may receive several smaller refunds rather than a single large refund.
  • Enrollment status must match financial aid packaging status (e.g., full-time, part-time, etc.) and your refund will depend on the status of your financial aid. You may not receive the full amount of your refund until two or three weeks after the start of the term. Financial aid refunds are not typically available until the beginning of any given semester when lenders actually disburse the loans.You will be responsible for paying any additional charges you incur after receiving your refund.Financial assistance, including loans, will now be used first to pay charges. A refund will be issued only if you have a credit after charges are paid.Expect to receive half of your financial aid in the fall semester and the other half of your aid in the spring semester. Students attending only one semester will receive the second half of any student loans halfway through the semester.
  • In the event that the Accounting's Office issues you a check in error, the College reserves the right to reclaim such funds.
  • You may apply for your refund by completing a Student Refund Request.  Any “refund” checks not picked up from the Office of Accounting will be mailed to your home address after two weeks.

  If you have any questions regarding the refund request or the Cam-Card request process, please feel free to contact the

Office Financial Assistance at 919-760-8565

Financial Assistance FAQ's
Forms and Applications
Financial Assistance Deadlines
NET PRICE Calculator
Financial Assistance Counselors

Contact Information:

3800 Hillsborough Street
Raleigh, NC 27607
Phone: (919) 760-8565
Fax: (919) 760-2373
finaid@meredith.edu