Providing and delivering your financial aid is our top priority here at ɫƵ. Your choices in how you receive your money matters, so Delta College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information:.
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How to Receive Your Refund
ɫƵ (SJDC) delivers your refund with Bank Mobile Disbursementsproviding you with choices and offering great customerservice.
The most common type of money we disburse to studentsare funds left over from financial aid awards, loans,or grants after tuition has been paid.
Students receiving these funds have usuallyrequested this additional supportto help them with books and living expenses.
If you don't receive financial aid,you still may receive money back from SJDC in the future.
Going through this process now canensure you'll receive any money owed to you by SJDCin a timely manner.
Here's what you need to do to get started
- First, make sure your mailing address is up to datewith your school.
- Look for an email from BankMobile containing your Personal Code to validate your identity. This code is needed to select how youwill receive your refund money.
- The kit will include a Personal Code to validate your identity. This code is needed to select how youwill receive your refund money.
- You will also receive a Personal Codeby email which will be sent to the email address on recordwith your school.
- Next, go to refundselection.com and enter your Personal Code.
- Select how you would like to receive your money.
- After eight days, if you have not selected, look for a bright green envelope in the mail. This is your Refund Selection Kit. Please follow steps 3-6 once you receive this kit.
The choices you will see are:
Deposit to an existing account: moneyis transferred to an existing accountthe same business day we receive the funds from your school. Typically, it takes 1 - 2 business days for the receivingbank to credit the money to your account.
Deposit to a Bank Mobile Vibe checking account: if you open a Bank Mobile Vibe checkingaccount (upon identity verification),money is deposited the same businessday we receive the funds from your school.
Disbursement Schedules
We make every effort to maintain the published disbursement schedule; however, it is subject to change.
Credit Balance Disbursements
Please be aware that schools have up to 14 days from the time your funding is applied to your student account to release your funds. Although we try to get these credit balances to students within 2-3 days after funds are applied to your account, we may experience some unforeseen circumstances that could hold up this process. Funding will ultimately be released by no later than the 14th day.
Degree Audit
All student courses are evaluated to determine if each course is applicable to the completion of a student’s program. Courses that are not part of a student’s program of choice, or any additional courses needed for transfer, are not courses that are covered with Federal financial aid. Other Financial Assistance may be used to cover these courses.