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Financial Aid Refunds

The Bursar’s Office processes all student financial aid refunds in accordance with state and federal regulations. Financial aid refunds are deposited on your Gateway Plus Card each Friday. Learn more about your Gateway Plus Card. Processing of financial aid grants and loans will begin according to the following schedule and will continue every Friday until all funds are disbursed.

Please note, any eligible Direct Parent PLUS Loan excess amounts will be refunded to a parent through the student’s Gateway BankMobile VIBE Card. Students and parents will be required to sign a Parent Plus Excess Loan Refund Authorization Form. This form is available upon request to a Student Finance Specialist located in Student Services.

If a borrowing parent of a PLUS Loan refuses to sign the Parent Plus Excess Loan Refund Authorization Form, accommodations will be made for the parent to receive their own Gateway BankMobile VIBE Card. The excess Parent PLUS Loan can then be disbursed directly to the parent through that card. If a parent wishes to receive a paper check in the mail, the request will need to be made in writing and submitted to the Gateway Technical College Financial Aid Office.

All excess student financial aid refunds will disburse to student’s Gateway PLUS Cards by midnight (the end of the day) on the posted scheduled date.

Financial Aid Refund Schedule


2016 Summer

2016 Fall

2017 Spring

FA Grant Refunds

June 10, 2016

October 7, 2016

February 10, 2017

First 1/2 of FA Loan Refunds

June 17, 2016

October 14, 2016

February 17, 2017

Second 1/2 of FA Loan Refunds

July 1, 2016

November 4, 2016

March 10, 2017