Student Business Services

Student Refund Information

Financial Aid Refunds

A credit balance created by the disbursement of financial aid is normally disbursed to you by the start of each semester, unless you have requested that funds be held on your account.  Refunds for the fall and spring semesters will be available no earlier than Tuesday of the week before the first day of classes.

Hold Credit Balance for Future Charges

Financial aid resulting in a credit balance on your account will be automatically refunded to you unless you request that it be held to apply to future charges. To authorize us to hold a credit balance on your account for future charges, follow the instructions found at umaine.edu/bursar/authorization

Method of Refund

Refunds will be made available by direct deposit to a US bank account or by check mailed to your current address. Checks are not available for pick-up in the Bursar’s Office. Direct deposits are generated daily, as funds become available. Checks are mailed twice per week. Credit balances resulting from credit card payments will be refunded to the credit card used for payment.

Direct Deposit

The fastest and most secure way to get your refund is by direct deposit.  Enroll in direct deposit through the MaineStreet Student Center.  For detailed online instructions for enrolling or modifying your direct deposit, go to umaine.edu/bursar/directdeposit

Checks

If the student has not set up direct deposit, refunds will be mailed as physical checks to the student’s mailing address as listed in MaineStreet, which may be a dorm address. Checks cannot be picked up in-person. For detailed online instructions for adding or modifying your refund address, go to umaine.edu/bursar/refundaddress