Refunds
The Office of the Bursar offers direct deposit as a more convenient means of providing refunds to students. Instead of mailing a check, we will deposit the funds directly into the student's bank account. Select Direct Deposit to enroll. Refunds via direct deposit are processed daily. Refunds via check will be issued once each week and mailed to your local address.
Financial Aid Refunds
If you receive financial aid in excess of your tuition and fees for a given term, a refund will be issued from Ohio University. Refunds of financial aid funds cannot be issued before the quarter begins. All excess credit that occurs on your account will be refunded to you by check or by direct deposit to your bank account. Refunds of Parent PLUS Loan proceeds are mailed directly to the parent borrower at the address on file (from the promissory note) in the Office of Student Financial Aid and Scholarships.
Refund checks made payable to the student are mailed to the student’s local address. In the event that no local address is on file, the check will be mailed to the student’s permanent address. It is very important that students keep their local addresses current. You may update your student address online from the and select Update MyAddress. You must use your student OAK LOGIN (username and password) to access this online application.
Non-Financial Aid Refunds
A request for refund of non-financial aid funds can be sent via email to bursar@ohio.edu or by requesting the refund at the Office of the Bursar or a Regional Campus Student Service Center.
If the payment was made with a check, a refund will not be processed until 14 days after the payment was posted. This is to make sure the check clears the banking system.
REFUND CHECKS ARE NOT AVAILABLE FOR PICKUP
Stop Payments
If Ohio University sent a refund to a student or parent (in the case of Parent PLUS Loans) and the refund was not received after 14 days, a stop payment can be placed on the check and a new one can be issued. The student will need to contact the Office of the Bursar or the Regional Campus Student Service Office in person. A Stop Payment Request Form must be completed and signed by the student before a stop payment can be placed on the original check and a new one issued.
Special Refund Addresses
For students that need to have their refund mailed to an address other than their local address, they must contact the Office of the Bursar, via phone or email. You will need to give your PID (located on your student ID) so you can be identified. You will need to provide the address you wish your refund to be sent to and for what period of time you wish it to be sent to that address. This can be done on an indefinite basis or for a particular quarter only. This works very well for students that are on a co-op, internship, or study abroad.
Stale Dated Checks
Refund checks not cashed within 180 days of issuance are not valid. These checks will have a stop payment placed and cannot be cashed.
The stale dated check proceeds will be processed in the following order.
- Applied to a current or past due balance (within the same award year or credit under $100 if financial aid funds)
- Applied to borrower’s loan if applicable (Federal Direct Loans or Perkins)
- Reissued to payee
- Placed in forfeiture holding account
If a check is reissued because of a stale date and the reissued check is not cashed within 60 days, a stop payment will be placed on the reissued check and it will not be issued again. The refund will be returned to disbursed financial aid funds (if applicable), or placed in a forfeiture holding account.
