You are here
Understanding Your Financial Aid Refunds
A refund will be issued each semester to students whose financial aid awards are greater than the charges on their student account. Typically this will be 10 days prior to the start of classes. To have a better understanding of refunds, including items you should or should not purchase with your refund, follow the instructions on this page.
Things to Consider Regarding Your Refund
Just because you are eligible for a refund does not mean you have to keep it-or that you should spend it on anything you want. Before you make any decisions regarding your refund, follow these steps:
Step 1: Determine the source of your refund
Step 2: Decide if you need the refund
Step 3: Return your refund if you do not need it.
Refunds can be returned to the Office of the Controllers, Parson Hall room 100. For more information on refunds, visit Sycamore Express.
Direct Deposit of Refunds
At Indiana State University, the quickest and most convenient way to get your refund is by direct deposit.
To set up your account for direct deposit, follow these instructions.
Note: Students who do not sign up for direct deposit will have refund checks mailed to their student mailing address, as maintained in the Office of Records and Registration, in the student's name. Refund checks made payable to parents will be mailed to the address listed on the Parent PLUS Loan Form. All refund checks received must be used to pay educational expenses.
220 North Seventh Street
150 Tirey Hall
Indiana State University
Monday - Friday
8:30 a.m. - noon and 1:00 p.m. - 4:30 p.m.
Monday - Friday
8:30 a.m. - noon and 1:00 p.m. - 4:00 p.m.