When will I receive my loan refund?

Before federal loan funds can be applied to your account, you must meet the federal requirements:

  • Complete a Master Promissory Note (if not previously completed)
  • Complete Entrance Loan Counseling (if not previously completed)
  • Enroll at least half-time (6 credits for undergraduate and 5 credits for graduate students)
  • Demonstrate academic activity
  • Meet the required delay for first-time loan borrowers

Refund dates vary.  Please review our Important Dates and Information page for current term information.  You can view your balance by logging in to MyBaker and select View Balance & Make a Payment.

Students, who receive financial aid or loans in excess of their charges, will be issued a refund through BankMobile Disbursements, a technology solution, powered by BMTX, Inc.  In order to receive your excess aid refund timely, be sure to select your refund preference.  Review additional information about the BankMobile Disbursements process or visit this link: https://bankmobiledisbursements.com/refundchoices/.

Submit a Ticket

Details

Article ID: 89214
Created
Sat 10/12/19 10:49 AM
Modified
Wed 10/12/22 9:36 AM

Related Articles (3)

This article details balance due dates, payment plan enrollment deadlines, financial aid disbursements time frames, refund processing dates, and more.
Information regarding the Baker College refund process and our partner BMTX, Inc. (previously known as BankMobile).
Information regarding the use of financial aid funds to pay for prior year or non-institutional charges on your student billing account.

Related Services / Offerings (1)

Submit a general question about financial aid, documents financial aid is requesting, or your financial aid offer.