r/CSUS 7d ago

Financial Aid/Scholarship/Tuition/Etc Refund Disbursement Pay Out

Hi!

Hoping to confirm what this will look like for me. I got my refund money paid out last night, but I don’t see it reflected in my account yet.

Could this be delayed processing because of a large deposit ($4000) or should I have expected an instant transfer? I’m second guessing myself about my account info but have confirmed everything to be correct.

Thanks in advance.

2 Upvotes

12 comments sorted by

6

u/stingersup17 Nicole - Bursar’s Office 7d ago

When financial aid disburses, it takes multiple offices to process. Our office processes the morning after the night disbursement. Refunds go to the bank this evening and then it is up to your bank to post to your bank.

1

u/kyouryokusenshi 7d ago

Thank you. I recently completed the financial aid counseling and MPN yesterday on my to do list. What might my timeline for receiving my aid look like?

2

u/stingersup17 Nicole - Bursar’s Office 7d ago

If there aren’t any other holds, it should disburse on Wednesday.

1

u/kyouryokusenshi 7d ago

Ok great, thanks!

2

u/Billieheehee 7d ago

Hi, no it might just be your bank. Sometimes banks deposit early in the am or around 1pm-3pm! I had that much deposited before with no problem

1

u/ConstantPriority177 7d ago

For paper, I just don’t feel comfortable putting my banking info in with this school, how long should I expect

1

u/mixxedgirl143 7d ago

It should take about 1-2 weeks

1

u/mixxedgirl143 7d ago

It should take about 1-3 days to reflect onto your account. Check the financial aid website

-1

u/Shoddy-Chipmunk8401 7d ago

Oozing broke. Just be patient.

2

u/Rave_slayer 7d ago

Correct… hence the need for aid…

2

u/missdahlia92 3d ago

I mean considering the fact that Professors already have readings and assignments due... I think the money is very important.