Financial Aid Refunds
The Office of the Bursar is responsible for the timely processing of students financial aid refunds. Refunds are processed when financial aid is posted to students' accounts and results in a credit balance after their semester charges are deducted. Students should anticipate a refund in approximately 7 - 10 days after their financial aid is credited to their account.
Financial aid refunds will be distributed in the form of a check for students not enrolled in E-Refunds. Refunds checks may be picked up at the Cashiering Office in Room B127..
NON FINANCIAL AID REFUNDS
Students who anticipate a refund due to overpayment, withdrawal/cancellation of courses must contact the Bursar's Administration Office at 212-217-3720 to determine when their refund will be processed. Refunds can only be processed in accordance with the payment method in which the payment was made initially. For example, if a payment was made by a credit card the refund will be issued back to the credit card. Payments made by check or cash will be refunded by check if the student is not enrolled in E-Refund.
Setting up e-REFUNDS FOR DIRECT DEPOSIT
Students anticipating a refund may enroll in E-Refunds through our Student Bill Payment site to have their funds sent Direct Deposit to their bank accounts. Students must provide their bank's routing number and account number on the E-Refund account setup page. (See setting up E-Refunds). You will be notified by email when your refund is deposited to your bank account.
Setting up E-Refunds
- Log in to MyFIT
- Click on the Student tab
- Click on Pay Student Account and View E-Bill
- Click on eRefunds
- Click on Set up Account
- Enter the required information and save your payment method