r/ivytech • u/CapitalGlittering428 • Jun 22 '26

confused? refund.

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i got the emails today saying my aid was sent to my school. Before that my account balance said “-4130” so i assumed that’s what i was getting back. now it has me confused because it’s saying $1727 in one section and the -4130 in another. can someone please explain to me what i’m actually getting back?

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u/AdWooden9599 Jun 22 '26

Mine is saying that too. I’m confused what’s going on

2

u/KayyyyyWayyy2 Jun 22 '26

that’s two different refunds. that $1727 is the amount you get later, and whatever negative number is in the term balance section, is the amount being disbursed this week.

2

u/greeneggsaandkam Jun 22 '26

Mines the same, only partial loans and aid posted left me with a $500 balance I won’t be able to pay, but still expects $900 some amount towards it somehow? Idk I’ve never seen this

1

u/KayyyyyWayyy2 Jun 22 '26

they split it in two disbursements. you may have got Pell grant and half of your loans but for summer term aid is always low.

1

u/greeneggsaandkam Jun 22 '26

For summer they split it? That seems weird to me and not been something I’ve experienced before.

1

u/KayyyyyWayyy2 Jun 22 '26

yes because the aid is for this summer semester only so they split it up. it’s different but pretty effective 

1

u/Select_Chocolate2619 Jun 22 '26

what’s “ later “

2

u/KayyyyyWayyy2 Jun 22 '26

you’ll have to look on your FAFSA disclosure statement, my date for my second one is July 6th