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Refund Information

Important Notice on Student Withdraws or Attendance:

A re-calculation of financial aid may be done for students who stop attending or withdraw from some or all of their classes. The re-calculation could result in financial aid being removed from the student account resulting in a balance due to the College. Students receiving refunds from financial aid that is removed, may have an additional balance due to the College. This will result in financial holds preventing future registrations, receipt of grades, and/or transcript requests.

Disbursement/Refund Schedule:

Financial Aid Refunds

Spring Class Loan Disbursement Part 1 including other non-title IV financial aid and grants:  

Class Length: Financial Aid Disbursed by: Refunds Received by:

January 13 - May 9

February 5, 2014* February 14, 2014**
January 13 - February 16 February 5, 2014* February 14, 2014**
January 13 - March 9 February 5, 2014* February 14, 2014**
January 21 - May 9 February 12, 2014 February 21, 2014**
February 3 - May 9 February 26, 2014 March 7, 2014**
February 17 - March 28 February 26, 2014 March 7, 2014**
March 15 - May 9 March 26, 2014 April 4, 2014**
March 29 - May 9 April 7, 2014 April 16, 2014**


Spring Class Loan Disbursement Part 2:

Class Length: Financial Aid Disbursed by: Refunds Received by:

January 13 - May 9

March 24, 2014 April 2, 2014**
January 13 - February 16 March 24, 2014 April 2, 2014**
January 13 - March 9 March 24, 2014 April 2, 2014**
January 21 - May 9 March 24, 2014 April 2, 2014**
February 3 - May 9 March 24, 2014 April 2, 2014**
February 17 - March 28 March 24, 2014 April 2, 2014**
March 15 - May 9 March 27, 2014 April 4, 2014**
March 29 - May 9 April 8, 2014 April 17, 2014**



Important Information for first time, first year borrowers:
*For first time, first year student borrowers, the disbursement date for the class lengths noted above (*) is February 12, 2014
 
Other Notes:
**If refund is not received by date specified, contact the Welcome Center at your respective campus.
**Please do not contact the College prior to date noted above with (**) to inquire of a financial aid refund for the Spring term because this slows the refund process.

To Check the Status of Your Refund:
1. Log into your account on www.haccdebitcard.com
2. In the sub-menu listed under the "Refunds" tab, select "Refund Status & History”
3. In addition, you can sign up for mobile text alerts to notify you when your refund is disbursed in accordance with your refund preference

Financial Aid Disbursement/Refund Process:
1. The entire disbursement/refund process takes about 10 business days until refunds are issued to Higher One.
2. Students will see financial aid and refund disbursement transactions on their HACC accounts BUT this does not guarantee the refund process is complete.
3. Financial transactions are processed behind the scenes to generate the refund file to be sent to Higher One.
4. Once the file is transmitted to Higher One, this is the point refunds are available on the One Account and within 2-3 business days via ACH (direct deposit to the bank account chosen) refunds will be available.

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