Disbursement of Financial Aid Funds and Credit Balance Refunds
Funds will be disbursed to a student’s account following the 11th class day census period in which student enrollment is determined each semester. Enrollment reporting is completed during a period after the 11th class day in the Fall and Spring semesters, and after the 5th class day in the Summer term. When Federal Student Aid (FSA / Title IV) program funds and/or non-FSA program funds are disbursed to a student’s account and the total of these funds are in excess of the student’s institutional charges, a credit balance occurs. UAPB pays the excess FSA program funds (the credit balance) directly to the student as soon as possible, but no later than 14 days after the credit balance is reflected on the student’s account.
After the first refund date of each semester, refunds will be processed on a weekly basis and available by Friday of each week during the semester of enrollment. Students receive refunds through direct deposit into a bank account designated by the student, as a credit to the student’s BankMobile VIBE checking account, upon consent by the student, or as a check that will be mailed to the student’s address on file if the student does not select either of the electronic payment options. Electronic payment options are the fastest way to receive credit balance payments. Students must go to RefundSelection.com to set up a refund method.
Office of Student Financial Services (Financial Aid and Student Accounts)
1301 L A “Prexy” Davis Dr., Mail Slot 4985
Pine Bluff, AR 71601