Students withdrawing from a course by the end of the third instructional day of the semester or no shows shall receive 100% refund of applicable tuition and refundable fees, excluding the application fee.
If the total of all your financial aid is more than your direct tuition, mandatory fees, and bookstore charges for the semester, you will receive an excess financial aid refund. Excess financial aid refunds are issued through BankMobile approximately 48 days after the start of the semester.
Excess financial aid refunds will continue to be issued throughout the semester as funding is received from the Department of Education and GA Student Finance Commission.
Please note that the dates provided here are estimated and actual dates may be different.
|Financial Aid Schedule||Disbursed/Paid to SCTC||Anticipated Excess Financial Aid Refund to Student|
BankMobile is the official Southern Crescent Technical College Refund Disbursement Processor. For more information about BankMobile, visit: http://bankmobiledisbursements.com/refundchoices/
All refunds are processed through the BankMobile Disbursement Process. To learn more about the Southern Crescent Technical College partnership with BankMobile, you can view Our Contract with BankMobile.
NOTE: Regardless of the method chosen for your student refund, the first refunds in any given semester will be issued approximately 48 days after the semester begins.
Any subsequent refunds due to you, the student, within that semester will be processed approximately every 14 days.
If a student chooses to “opt out” of the bookstore credit, then the student needs to complete the “Request to Opt-Out of Bookstore Credit” form located at the Cashier’s window of the Business Office one week before the start of the semester. These authorizations will be in effect as long as they are active in Banner.
Note: the “opt out” option does NOT allow you to receive your financial aid refund early. The first set of refunds of any given semester are sent to students approximately 48 days after the semester begins.