Student Refunds

You may be entitled to a credit balance refund when payments to your student account, including financial aid awards and loan disbursements, exceed your Penn tuition, fee and other charges.   Student Accounts will produce a student refund for you in the amount of your credit balance.  Student refunds are automatically generated Tuesday and Thursday evenings throughout Penn’s enrollment periods.*

Your student refund will be produced as either a Direct Deposit Refund or a paper check.  You can authorize direct deposit to a designated U.S. bank account (follow the instructions below).  We strongly encourage enrolling in Direct Deposit to expedite access to your funds.  You will receive an email notification when your student refund is produced.

*Student refunds are produced automatically for actively enrolled individuals with tuition and fee    charges for the current term.  All other student refunds will be reviewed and processed by Student Accounts staff.

Direct Deposit 
If you have authorized direct deposit, your refund is automatically deposited into your designated U.S. bank account. If you are not enrolled, sign up now using your US bank account, or select a local bank.
Paper Check
If you choose not to enroll in direct deposit, your student account refund will be produced as a paper check. You will be notified by email when your refund check is available. You must pick up your refund check at the Cashier’s Office in the Franklin Building lobby no later than 10 days from receipt of your email.
Monday 9:00am - 4:30pm
Tuesday 9:00am - 4:30pm
Wednesday 9:00am - 4:30pm
Thursday 9:00am - 4:30pm
Friday 9:00am - 4:30pm


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