Skip to content Skip to navigation
Vassar
Skip to global navigation Menu

Refunds

Top

If you have excess funds (negative balance) in your student account, you may keep the funds in the account  to offset the next term’s charges or you may request a refund. 

Requesting a Refund

To request an electronic refund via direct deposit, you must complete the following two steps:

  1. Set up your Refund Profile in Student Account Portal. (see complete instructions below)
  2. Complete the online Refund Request Form.

Vassar will direct deposit the funds quickly and securely into the bank account you provide.

Note on Parent PLUS Loans: If a credit balance is created by Parent PLUS Loan funds, federal regulations dictate that the refund belongs to the parent. However, Vassar can issue these funds via direct deposit directly to the student’s bank account if the parent provides written authorization.

Refund Profile

To set up a Refund Profile (students only):

  1. Access your Student Account Portal: You will be prompted to complete the Financial Responsibility Agreement. This is a requirement to move forward.
  2. Navigate to Refunds: Once logged in, locate and click on the Refunds tab in the top menu.
  3. Secure Your Account: You will be required to enroll in Multi-factor Authentication (MFA) before you can save a Refund Method.
  4. Set Up Payment Profile: Click on Payment Profile to add your bank account and billing details as a new Payment Method.
  5. Enable Direct Deposit: Under Refund Options, make sure to select the box that permits “refunds to be deposited into your account.”
  6. Confirm Information: Click Continue and then Agree to confirm the accuracy of your bank account details.

Note: Adding an Authorized User is not required to set up a Refund Profile.

Automatic Refund Schedule

Vassar will process refunds for certain students with a credit balance automatically. These students can expect to receive their refund as follows:

Student GroupApproximate Refund Date
Fall Study AbroadEarly September
Spring Study AbroadEarly February

Important: In order to receive any refund (requested or automatic), students must ensure their bank information is entered in Student Account Portal by clicking on the Refunds tab on the main landing page.