What is a CUNY refund check?
During your enrollment at CUNY, a refund may be generated for you because of a scholarship, an excess of financial aid received, a loan, or due to an overpayment of your tuition and fees.
Why did I get a direct deposit from CUNY?
CUNY offers Direct Deposit for students to receive their Financial Aid and Tuition refunds, including their Federal Work Study payments. Direct Deposit eliminates the chance that your check will get lost, misdirected, or delayed during delivery, or misplaced once you receive it.
Why did I get a financial aid refund?
When a student loan exceeds a student’s actual expenses, the result is a financial aid refund. Once a surplus from all available sources of aid is assessed, including federal and private loans, a student can be issues a refund check for FAFSA to cover the difference.
Can I pay my CUNY tuition with a credit card?
One-time Online Payment *Please be advised that students may pay their Tuition and Fee balance by using a credit or debit card. There is a service fee of 2.65% for each card payment you make.
Why did I receive a check from my college?
What is a refund check from a college? A refund from a college is the result of having more total funding on your account than the actual balance due. Funding on your account comes from a combination of sources including, financial aid, scholarships, student loans, cash payments and other miscellaneous payments.
How do I pay my CUNY college tuition?
The Tuition Payment Plan permits families to budget payments for tuition each semester and lets you pay your tuition bill in monthly installments that are interest-free. For more information visit https://mycollegepaymentplan.com/cuny/ or call 1 888-470-6014.
Why did I just get a check from my school?
A refund check is money that is directly given to you from your school, but it’s not a gift. It is the excess money left over from your financial aid package after your tuition and fees have been paid.
Why is my college sending me money?
Part of the reason you were given extra money in your financial aid package was to cover other school-related costs outside of tuition, so this is a worthwhile expense for your refund if you need some help. Supplies might include notebooks, calculators, or even a computer if you absolutely need one.
What should I do with my college refund check?
If your refund was from a student loan, and you don’t need the money after your tuition, room, and board, and books have been paid for, consider working with your school’s financial aid office to return the excess funds. This will reduce the amount you need to pay back on your loan after school.
Is CUNY giving money to students 2022?
There is a fixed dollar amount that every eligible student enrolled in Fall 2021/Spring 2022 will receive. This includes full-time and part-time students. Part-time students will receive half of the base rate allocated to full-time students.