Check Disbursement Guidelines

Refund Check Guidelines

Refund check guidelines ensure the timely and responsive delivery of student account refunds resulting from a direct payment on a student's account by cash, check or credit card that exceeds the total charges on the account. These guidelines do not apply to financial aid students (see below).

Refund of credit balances exceeding five dollars will be processed automatically at the end of the third week of instruction. Regardless of original payment method (cash, check or credit card), all student refunds are issued by check and mailed to the student's current on-file address after this date.

On rare occasions, errors are made on refund checks. The college has the right to reclaim these funds. In this case, a stop payment will be placed on the check, and the student will be notified. If the check has already been cashed, a written request will be made requesting the return of funds. If repayment is not received within 30 days, collection efforts will start.

Financial Aid Refund Check Disbursement Guidelines

Financial aid check disbursement guidelines are established to ensure the timely and responsive delivery of a student account credit balance resulting from a financial aid disbursement on a student's account which exceeds total charges on the account.

These guidelines apply only to financial aid students. The disbursement of financial aid funds is first applied to a student's tuition and fees, with any remaining balance credited to the student's account. Credit balances exceeding five dollars will be processed automatically twice a week and mailed by check to the student's current on-file address. No financial aid funds will be disbursed to a student's account before the published disbursement dates.

On rare occasions, errors are made on financial aid check disbursements. The college has the right to reclaim these funds. In this case, a stop payment will be placed on the check, and the student will be notified. If the check has already been cashed, a written request will be made requesting the return of funds. If repayment is not received within 30 days, collection efforts will start.

See Also: TMCC's Refund Policy