Disbursements
Disbursement
The Office of Financial Assistance begins disbursing after the drop and add period has concluded for each term. If at that time, you are enrolled in classes and your FAFSA process is complete we will disburse your aid electronically to your account. The CU Business Office will apply your aid to all outstanding charges you have incurred to date such as tuition, fees, books, housing and meals.
Spring 2023 REFUND DATES
- January 27 and 31
- February 3, 7, 10,14, 17 and 23
- March 3, 9, 22 and 29
- April 5, 12, 19 and 26
- May 3, 10, 17, 24
Summer 2023 REFUND DATES
- June 6, 9, 13, 16, 20, 23 and 27
- July 7, 12, 19 and 26
- August 2 and 9
Refunds are processed through the Business Office. If Cameron owes you a refund after your aid has been applied to your charges, you will be refunded by BankMobile Disbursements to your selected refund preference.
Private or third-party scholarships are also refunded to you through your selected refund preference. The Office of Financial Assistance will disburse funds to your account after One Stop receives the funds from the scholarship source.
Our school delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information: https://bankmobiledisbursements.com/refundchoices/.
To view our contract, click here: https://www.vibeaccount.com/swc/doc/landing/if9nhuaay9ezmzqhwyf6
Disbursement FAQ's
Please read the following information carefully and contact the Office of Financial Assistance with additional questions.
Q: Will I receive my financial aid refund before the first day of class?
A: No. Cameron University will disburse financial aid after classes begin each semester.
Q: When will the first disbursement of financial aid be applied to my account?
A: Cameron University will process the first disbursement of financial aid after the last date to drop with a refund (based on your enrollment at that time).
Q: When will I receive a refund?
A: After your financial aid is applied to your account, any credit balance will then be processed through the system. Please review the Disbursement Schedule located under the My Info tab of Aggie Access.
Q: What might delay my refund?
A: If a student has not completed the financial aid application process, the disbursement process and refund will be delayed until requirements are met. Please see AggieAccess for outstanding items. If a student is a first-time loan borrower and they have less than 30 credit hours, the first loan disbursement will be delayed until 30 days after the first day of class. This is a federal requirement. Students enrolled less than full time may need adjustments to aid, which can cause a delay in the refund process. Also, students who transferred into Cameron during the academic year will be put on a 7 day hold to make sure aid has not been awarded at other institutions over the annual limit.
Q: If I miss the initial disbursement/refund date, how frequently will Cameron run the disbursement process?
A: Cameron University will run the disbursement and refund process weekly.
Q: What if I do not have money to purchase my books and course supplies?
A: Students will have an opportunity to charge books and course supplies purchased at the Cameron University Bookstore to their student account during the open charge period each semester. Students are allowed up to $500 for fall and spring semesters, and $300 for the summer.
Q: Can I increase the charge account if necessary?
A: Yes. If the cost of your books and supplies are larger than your limit, we will adjust the charge account to guarantee you can purchase your books and supplies. (Please note: students may not charge items such as apparel, trinkets, etc. using the charge account).
Q: Can I use the charge account somewhere other than the campus Bookstore?
A: No. A charge account is only available at the Cameron University Bookstore. However, if you choose to purchase off campus, you can use any refund you receive to do so.
