Refunds and Disbursements

Refund Policy (Return of Payment)

  • 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. *Note: Students withdrawing from a 16-week class have until the seventh instructional day to receive a 100% refund.
  • Students who withdraw from a course after the third instructional day of the semester shall receive no refund and will be responsible for all tuition and fees. *Note: Students who withdraw from a 16-week class will not receive a refund after the seventh instructional day.
  • Although there will be no refund of tuition and fee after the third instructional day, withdrawing students receiving the Federal Pell Grant will have awards adjusted in compliance with the Return to Title IV process outlined in the Federal Student Aid Handbook.
    *Note: No refund after the seventh instructional day for 16-week classes.
  • Refunds for Business or Industry or Continuing Ed courses will be made only when a request for a refund is submitted in writing before the first day of class accompanied by the original receipt.
  • A student does not have to request a Refund. All SCTC refunds are processed through the college’s third-party servicer, BankMobile Disbursements, a technology solution, powered by BMTX, Inc. All students must go to the BankMobile Disbursements website and select how they want to receive their student refund. Once the student has made a refund selection, their refund selection will stay ACTIVE with BankMobile Disbursements until the student goes back out to the BankMobile Disbursements website and changes it.
  • Classes canceled by Southern Crescent Technical College will be refunded 100%. Application and insurance fees are non-refundable.

Anticipated Excess Financial Aid Refund Schedule for Fall 2024

   Please note the dates provided here are estimated and actual dates may be different

Refunds are processed through BankMobile Disbursements, a technology solution, powered by BMTX, Inc.. Students are required to set up their refund preference

****Refunds are released to students based on the term students enroll in classes.

Students registered for multiple parts of term may have a later refund date****

  1. Financial Aid Schedule- Fall 2024 Terms
  2. Disbursed/Received date– This is the date the funds are moved to the paid side for students- on this date, students will have a negative balance indicating an upcoming refund for the student.
  3. Anticipated Refund Date to students– financial aid funds will be submitted to BMTX, In. Students will receive an email notification their funds are available on their selected refund preference. Visit this link for more information: https://disbursements.bmtx.com/refundchoices/.

***Refunds are released to students based on the term students enroll in classes.

Students registered for multiple parts of term may have a later refund date****

Financial Aid Schedule Disbursed/Received date                Anticipated   Refund Date to Students
Fall 2024 FULL-TERM September 9, 2024 September 25, 2024
Fall 2024 TERM M1 AND F1 September 9, 2024 September 25, 2024
Fall 2024 TERM F2 October 7, 2024 October 23, 2024
Fall 2024 TERM M2 November 12, 2024 November 27, 2024
Fall 2024 TERM F3 November 12, 2024 November 27, 2024
 

 

How to Get Your Financial Aid Refund

 

First time Students will need to set up their BankMobile Disbursements Refund Preference

BankMobile Disbursements, a technology solution, powered by BMTX, Inc. is the official Southern Crescent Technical College Refund Disbursement Processor. For more information about BankMobile Disbursements, visit: https://disbursements.bmtx.com/refundchoices/.

All refunds are processed through the BankMobile Disbursements Process. To view our third-party servicer contract for refund management, click here.

NOTE: Regardless of the method chosen for your financial aid refund, the first refunds in any given semester will be issued approximately 48 days after the semester begins.

Any subsequent refunds due to student, within that semester will be processed approximately every 14 days.

 

Dates Students can use Financial Aid to purchase Fall 2024 books in the SCTC Bookstore

Full, M1, and F1 Fall 2024:  7/29/24 – 8/29/24
F2 Fall 2024 Term:  9/18/24 – 9/26/24
M2 Fall 2024 Term:  10/14/24 – 10/24/24
F3 Fall 2024- Term:  11/4/24 – 11/7/24

 

 

   *****STUDENT ID REQUIRED to purchase books*****

Click Here to Order Online

Bookstore Locations

Griffin Campus
501 Varsity Rd
Griffin, GA 30223
770-229-3135

Flint River Campus
1533 Hwy 19 South
Thomaston, GA 30286
706-646-6158

Bookstore Hours

Campus Day(s) Hours
Griffin Monday – Thursday 8:00 AM – 6:00 PM
Griffin Friday 8:00 AM – 12:00 PM
Flint River Monday – Thursday 9:00 AM – 3:00 PM
Flint River Monday – Thursday Closed for lunch:
12:30 PM – 1:15 PM

NOTE: Bookstore hours may vary between semesters.

Click Here to Order Online

Financial Aid Refunds

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 Disbursements, a technology solution, powered by BMTX, Inc. 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.

  • After the drop/add period and once attendance/enrollment is confirmed (approximately the second week of the semester), the U.S. Department of Education and/or the Georgia Student Finance Commission will electronically transfer funding to Southern Crescent Technical College (SCTC) to be applied to each qualified student’s account.
  • Once those funds are applied and each account is evaluated to determine the amount of refund due, a refund will be issued through BankMobile Disbursements, a technology solution, powered by BMTX, Inc.  Federal regulations allow the college 15 calendar days to issue/mail a refund of excess financial aid.
  • SCTC will begin processing excess financial aid refunds approximately four (4) weeks after the start of the semester.                  

BankMobile Disbursements

BankMobile Disbursements, a technology solution, powered by BMTX, Inc. is the official Southern Crescent Technical College Refund Disbursement Processor. For more information about BankMobile Disbursements, visit: https://disbursements.bmtx.com/refundchoices/ 

All refunds are processed through the BankMobile Disbursement Process. To view our third-party servicer contract for refund management, click here.

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.

Opt-Out of bookstore credit option

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.