What is a financial aid refund?
If you have financial aid funds that exceed the charges on your student account at the time of disbursement, you will receive a refund, which may be used for other educationally related expenses. (Note that if subsequent charges are applied to your account, you will be responsible for paying them). You can view your student account at any time by logging in to LoLA.
When are refunds available?
Financial aid refunds generally become available by the 5th week of a Fall or Spring semester or the 3rd week of a Summer semester.
How can a student access their refund?
SOWELA has contracted with BankMobile, a financial services company, to deliver refunds to our students. For more information about BankMobile, visit this link: http://bankmobiledisbursements.com/refundchoicessso/ (opens new window).