In general, all financial aid grants, scholarships and student loans will be reimbursed by any refund until those programs are repaid in full.
The following addresses the distribution of any refund if financial aid funds were received during the term:
If a refund check is returned for a bad address, the Cash Accounting Office (SVC 1038) will attempt to contact the student and re-mail the check if a new address is available.
After the 90th day of the check date, the University Scholarships & Financial Aid Services office is required to return the Federal Student Aid (including student loans) to the Federal Student Aid program. Funds returned to the Federal Student Aid program will not be reissued. Any remaining unclaimed funds may be sent to the Florida Department of Financial Services in Tallahassee as abandoned property.
The best way to avoid this scenario is for students to sign up for eDeposit via OASIS in the Tuition, Fees and Payment link.
NOTE: You may submit a written request to the Office of Financial Aid to have a refund for a corresponding term returned to a particular scholarship, grant or loan program from which you received funds for that term. In certain circumstances, this may allow you to regain future eligibility for specific scholarships or reduce the outstanding principal balance on a student loan.