For students who have financial aid, your aid will be applied to your term bill to cover your semester tuition and fee charges after you have completed all of the paperwork for the award package. If the financial aid award exceeds your balance due, you are entitled to receive a refund of the credit balance on your student account.
Note: Refunds will be available to students after the add/drop period if there is a credit balance on the account due to disbursed financial aid. If the phrase "Financial Aid Offered" appears on the web bill, it means that the aid has not yet been disbursed or credited to the student account, and that the student should check with the Office of Financial Aid for information regarding missing documents or entrance interview requirements.
Getting Your Refund
You will receive an email when your refund is available. You can get the refund in three ways:
Electronic Refunds (RU ScholarRefund)
You can have your financial aid refund electronically deposited into your checking or savings bank account, utilizing the RU ScholarRefund service. The refund should appear in your student account summary within 48 hours of receiving the email notice. The RU ScholarRefund site is highly secure and utilizes SSL encryption, so your information remains safe and private.
Note: All PLUS loan credit balances that are refunded to the parent borrower will be mailed by paper check to the parent's address listed on the PLUS loan application.
Checks are available for pick up with a valid student ID at the Cashier's Office listed on your student account, four to six business days after the date the refund appears on your account. Due to the Family Educational Rights and Privacy Act (FERPA), our policy does not allow us to release refund information by telephone to anyone.
Refunds can be mailed to your permanent home address on file by completing a form called Mail My Refund Check. You may fax or mail the form to our office.
RU Book Advance
If your financial aid refund is greater than $500, $500 of your financial aid refund will be automatically transferred to a RU Book Advance account for your convenience. However, you can opt out at any time online.
If your financial aid refund is less than $500 (excluding Parent PLUS loans), you will not be automatically enrolled in the RU Book Advance program.
This account can be used at the university's bookstores located in New Brunswick and Newark. PLUS loan funds are not eligible for the RU Book Advance program.
Withdrawals from School
A student who voluntarily withdraws from all courses during the first six weeks of a term will receive a partial reduction of tuition and fees (campus, school, and computer) according to the week of withdrawal. Learn more about withdrawing from school.