Paying For School

Refund Information


What happens if I stop attending or withdraw from a class?

Did you know you may owe funds back to the Federal Government, even if you already received a refund? The Government may recalculate your financial aid due to class withdrawal or lack of class attendance. This could result in a balance due to HACC. You may experience financial holds if you owe a balance to HACC. These holds can prevent you from:

  • Registering for classes
  • Receiving your grades
  • Getting copies of your transcript
     
When will I receive my financial aid refund?
Summer 2024
June 12, 2024 Initial summer financial aid refunds received for POT 1 and 7 classes**
July 1,2024 Financial aid refunds received for POT 8 classes**
July 22, 2024 Financial aid disbursement refunds received for POT 9 classes**

**HACC must verify your enrollment before we apply your financial award to your bill. Federal student loans will pay after students’ attendance is confirmed in the 6th eligible credit**

*** Federal regulation requires a 30-day disbursement delay for first-time, first-year borrowers of Direct Subsidized and Direct Unsubsidized loans.

*Summer PA State Grant disbursements occur AFTER the summer semester for students who meet State Grant eligibility requirements.

  • Students should NOT factor in estimated funds to cover summer tuition.
  • All summer tuition balances are the student’s responsibility.
  • Students expecting a summer State Grant will not receive a disbursement until September.
For more information, contact the Financial Aid Office.

* Students receiving a loan for only one semester will receive two disbursements of loans at 50% each.

** Please do not contact HACC prior to date(s) noted above to ask about your financial aid refund. This slows the refund process.** 

If you have questions about your refund preference, or need assistance with activating your BankMobile account, please contact the Cashiering office at cashiering@hacc.edu. 

 

How can I check my refund status with BankMobile Disbursements?
  1. Log into your profile.
  2. Select "Refund Status & History" in the sub-menu listed under the "Refunds" tab.

You can sign up for mobile text alerts to notify you when HACC disperses your refund. BMTX, Inc. will use your selected refund preference to disperse your refund.

 

What is the refund process?
  • You may see your financial aid and refund disbursement transactions on your HACC account. This does not guarantee the refund process is complete.
  • HACC processes financial transactions behind the scenes. We generate the refund file to send to BMTX, Inc.
  • If you choose to have your financial aid refund deposited to an existing bank account, it may take an additional one-two business days for the receiving bank to credit the money to your account. If you open a BankMobile Vibe checking account (upon identity verification), money is deposited the same business day BMTX, Inc. receives funds from your school.
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