Financial Aid is disbursed to the Bursar’s Office and the aid is applied to a student account once all loan requirements are met and enrollment is completed. Disbursement of student financial aid may begin 10 days prior to the first day of class as indicated on the OUHSC Academic Calendar. Charges outstanding on the student account, including tuition, fees, housing, and optional fees, will be satisfied first and the remaining refundable balance is refunded to the student.
Student refunds are issued either by direct deposit or paper check. Students may request funds be received via direct deposit by completing the Direct Deposit Form and returning it to the Bursar’s Office for processing.
Students choosing to receive their refund via paper check must confirm their “home” address is accurate. Addresses may be reviewed through the student self-service website: gohsc.ouhsc.edu.Refund checks are mailed to the home address. Occasionally, refund checks are lost in the mail. There is a waiting period of 30 days before a stop payment may be issued on a university check. The cost for requesting a stop payment on a refund check is $15.00, payable at the time of the student’s request.