Student Refund Schedule

First Refund for FALL 2008:

If your PANTHERTRACKS account has a credit balance on the morning of August 19, 2008, your refunds will be disbursed from our office on Thursday, August 28, 2008.  This means:

Direct Deposit

If your bank information is correct and current in PANTHERTRACKS you should receive your refund in your bank account within 2 to 3 business days.  So look for your deposit in your bank account September 2-3, 2008. 

(Please note any direct deposits returned because of incorrect bank information will be mailed as a check to the address you have listed in PANTHERTRACKS)

Not on Direct Deposit

Your check will be mailed to the billing address that you have entered on PANTHERTRACKS.  You should receive it in the mail within 5 to 7 business days. So look for your check in your mail box September 4-8, 2008.

The fastest way to receive your refund is by direct deposit.  To sign up for direct deposit, please log on to PANTHERTRACKS and select Banking Information.

For more information on Direct Deposit:

http://www.pvamu.edu/PVPAY 

Normal Student Refund Process for the Remaining Fall Semester:

Student refunds are reviewed every Thursday at 8am.  These refunds will be reviewed for over award issues, housing charges will be posted, etc. The net refunds will be issued a full 8 days later (the Friday of the next week).  “Issued” means check will be put into the mail or the direct deposit will be processed by PVAMU’s bank.   Mail time is 5-7 business days; direct deposit is 2-3 business days. 

Student Refunds for 1st Semester Freshmen:

First time freshmen may have a delay in receiving their refund due to the 30 day loan process for 1st time students.  If a first time freshman is only receiving loans as payment for their account balance or are expecting the loan to cover the remaining balance and are expecting a refund after all tuition & fees, meals and housing is paid, you should expect your refund to be issued after September 26.

WARNING!!!

If you should receive a refund, then decide to add a class, you will be responsible for paying for the additional tuition and fees for that course.  If you should for some reason, not remain eligible for the awards you have received and the awards are reversed, you are responsible to pay back the University.