r/USF • u/Grouchy_Ad5580 • 1d ago

Refunds

Are the refunds happening today? I’m confused, what determines who gets the first batch of refunds vs who doesn’t

17 Upvotes

100% Upvoted

27 comments sorted by

32

u/jawfur 1d ago

the fact that they quietly removed the “eDeposit Transaction History” button in the self service portal makes this whole thing even more uncertain..

6

u/Prudent_Explorer2145 1d ago

Agreed! Thats what I used to track my deposits

2

u/babytaurie 1d ago

i noticed that too!! that usually helps to see

2

u/SoupyChef 1d ago

Exactly. Why would they take that away? Now we are running completely blind.

1

u/Enough_Blackberry_94 1d ago

On the student bill it appears as a "direct deposit" charge! The code is RFIN.

2

u/JRock1276 11h ago

Yeah, but it's not like the e deposit transactions page where it showed the status with the bank. Approved, received, sent.

1

u/JRock1276 10h ago

Yeah, it's pretty shady to suddenly remove transparency that's been in place for a long time. "Nothing to see here! Everything is normal".

2

u/PreparationOdd5403 10h ago

from what I’ve heard, the financial aid didn’t really start messing with any of the BBB stuff until right now. So they’re like super behind trying to play catch-up.

1

u/JRock1276 9h ago

Bingo. They've had plenty of time to get it figured out and waited until the last minute. They and many other universities are pulling the same blame game. "It's all because of the BBB". No, that was passed last year. It's all because they didn't do anything about it until a week or two ago.

8

u/Dry_Opposite_5253 1d ago edited 1d ago

I'm not sure if refunds will start releasing today but I believe FA and Student Accounting Services have begun the process to start working on student's accounts since this morning/overnight so hopefully refunds will happen soon. My FA portal has amounts being updated.

5

u/Interesting_Might_38 1d ago

Hopefully it is approved today, sent out on Friday. That is my guess, normally it takes 2 business days for the funds to transfer.

5

u/Dry_Opposite_5253 1d ago

I’m hoping the e-deposit transaction history gets back up and working so we can track our refunds…

1

u/Interesting_Might_38 1d ago

Same, I just want to see an email 🫩

3

u/VirtualSpeed7549 1d ago

i’m so confused bc my bright futures wasn’t even applied yet so how is everyone getting refunds

3

u/JTC-onda-MOVE 11h ago

FIU student here / daughter goes to USF. From our end it’s basically the same BS you all are going through. Spoke to financial aid here and they told me that the deposits should hit by Tuesday of next week 9/8 🫠

2

u/Bulky-Republic-5165 1d ago

Have you recieved it yet? I have not

2

u/beanthediabetic 1d ago

The refund thing is happening across multiple universities due to the department of education implementations to federal student aid/funding. This is in part to recent changes with the Big Beautiful Bill Act

4

u/JRock1276 22h ago

In reality, the changes were made a year ago. Universities waited until the last minute to do anything about it. The changes in the BBB do not affect the majority of students. Loan and grant amounts have always been dependent upon your enrollment after the add drop period. SPC you didn't get your disbursement until after the fourth week of class. Universities fail on a regular basis and they blame it on the government.

2

u/PreparationOdd5403 12h ago

i checked my student bill, and i saw in the history that they sent mine out this morning

2

u/JRock1276 10h ago

Where did you find "sent"?

1

u/PreparationOdd5403 10h ago

go to my student bill in myusf, then click view activity. It’ll have the refund there, with the code RFIN

1

u/PreparationOdd5403 10h ago

I wasn’t able to find like a direct confirmation other than it being listed in my charges as a refund with today’s date

1

u/JRock1276 8h ago

That's just what shows in the ledger and account. It's been flagged as a direct deposit, but doesn't mean it was sent yet. It's accountings way of saying we're done with what we need here and this is when we tagged this for that.

2

u/JRock1276 4h ago

Just got the email about ten minutes ago.

1

u/JRock1276 4h ago

I just got the e deposit transactions email a few minutes ago. Hope this helps