Return of Credit Balances
Students who receive loans, grants, or scholarships that are greater than the cost of tuition, fees, and room and board receive a refund after the funds are applied. Prior to refunding, students will receive a textbook voucher by email explaining how to use it at the Saints' Shoppe virtual bookstore with MBS Direct. Students who choose to have a credit balance remain on their account within the same financial aid award year must sign the Federal Student Aid (Title IV) Authorization Form in the Business Office every academic year.