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REFUND OF TUITION PAID

To be eligible for a refund of tuition and fees, students must drop classes they do not wish to take by the published drop deadline. Refunds are processed after the Last Day to Drop with a Refund and take up to three weeks to be received.

REFUND OF FINANCIAL AID

Students with remaining aid balances after tuition and fees are paid in full and after bookstore purchases have been deducted, will receive a refund of the remaining balance each semester. The last day to drop with a refund must pass prior to disbursement. Financial Aid refunds will be sent out from the college no more than 14 days after the credit balance first appeared on your account.

TO SELECT REFUND METHOD

Reynolds has contracted with Nelnet Campus Commerce/Tuition Management Systems (TMS) to process financial aid and certain tuition refunds to students electronically. At the start of each semester, all new students and students who have not already registered with Nelnet Campus Commerce/TMS will receive an email with directions on how to select your refund preference in their Reynolds Refund Disbursement Portal. If you no longer have your email from Nelnet Campus Commerce/TMS go directly to reynolds.afford.com and click "Register"

If your refund is being sent via paper check, please also allow for appropriate mailing time. Another refund method available is through the Direct Deposit (ACH) option. This option will usually allow students to receive their refund faster than by a paper check. However, if you did not choose this, the delivery method will default to a paper check. 

REFUND TIMEFRAME

If you selected Direct Deposit (ACH), the funds are usually available within 5 business days after your refund is posted in the student information system.

If you selected paper check, the checks are mailed through the U.S. Postal Service to the mailing address listed in the student information system. Allow 10-14 business days after you see the refund posted on you student information system account.

If you made payment via ePay and are due a refund, your refund will be returned to the same credit/debit card used when the payment was made. Funds are usually available 7-14 business days after your refund is posted in the student information system.

Certain state grants and tuition refunds may take an additional 3-5 business days. A business day is considered to be Monday through Friday. 

(Student Accounts > Refund - Financial Aid OR Refund - Tuition & Fees)

Last updated: 2020-11-23 03:08 PM 2085-8721-8386-1963
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