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Returning Federal Financial Aid to the Department of Education

Returning Federal Financial Aid to the Department of Education

Student Refunds

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The University’s preferred refund method is direct deposit. Please take this opportunity to sign up for direct deposit so that future refunds will be automatically deposited into your bank account. All students who wish to enroll for direct deposit can log into COIN via the myUMassD portal to designate the bank account into which their refund will be deposited. A job aid to assist with the process can be found at COIN for Students.

If direct deposit is not established, a check will be mailed to the student’s permanent address found in COIN Student Center. Please allow 2-4 weeks to receive a mailed check. Checks are no longer available for pick up at the University Enrollment Center (UEC).

Information about refunds

The University’s preferred refund method is direct deposit. Please take this opportunity to sign up for direct deposit so that future refunds will be automatically deposited into your preferred bank account. All students who wish to enroll for direct deposit can log into COIN via the myUMassD portal to designate the bank account into which their refund will be deposited. A job aid to assist with the process can be found at COIN for Students.

  • In compliance with federal regulations, automatic refunds will be processed for all Federal Financial Aid recipients whose total federal funds exceed allowable semester expenses. Allowable expenses for the current semester include, and are limited to, tuition, fees, and room and board. This does include Parent Plus Loans when the parent approved that the credit be refunded to the student. Refunds cannot be issued to anyone other than the student.
  • Federal (Title IV) aid includes: Federal Pell Grant, Federal Supplemental Education Opportunity Grant (SEOG), Federal PLUS loan, Federal Graduate PLUS Loan, Federal Teach Grant, Federal Direct Subsidized Loan and Federal Direct Unsubsidized Loan.
  • Credits that stem from direct payments and payment plans, outside scholarships, sponsor payments* are not automatically refunded. Lees verder