![]() Please plan accordingly for expenses, such as books, at the beginning of the term or session. With this fund disbursement process, you will now have the ability to access these funds after you receive your Refund Selection Kit from BankMobile. This will only occur once the account is actually overpaid with disbursed funds (your scheduled disbursement date is listed in your Financial Aid Award summary), not pending aid or payments. Overpayment refunds are not released until after Financial Aid has begun to release financial aid and only after the Drop/Add period and Attendance has been processed for the semester or session. Please scan and email the completed request, or fax it to 61. This can be completed online, but needs to be printed to sign. If a parent wants to allow the a refund to go to the student after they said they wanted the refund on the loan application, they can make this change, BEFORE the loan disburses, by completing a Parent Refund Release Form. Having a Parent Loan does not mean a refund would definitely go to a parent. Please know, we cannot preselect or choose what aid comes in first or what aid results in a refund. This decision is made by the parent when they completed their Parent loan application. Parent Refunds - Overpayments that are a direct result of a disbursed Parent Loan, are refunded to the parent via a paper check mailed from BankMobile Disbursements OR refunded to the student using their refund choice.Students can also change their refund choice at any time! This is where students choose how they want to receive their refunds. Refund choices are selected and updated at.They will process all refunds, not just financial aid refunds for KU. you may receive emails or communications from them as a valid partner of KU. Our school delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.
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