Refund Information
What happens if I stop attending or withdraw from a class?
Did you know you may owe funds back to the Federal Government, even if you already received a refund? The Government may recalculate your financial aid due to class withdrawal or lack of class attendance. This could result in a balance due to HACC. You may experience financial holds if you owe a balance to HACC. These holds can prevent you from:
- Registering for classes
- Receiving your grades
- Getting copies of your transcript
When will I receive my financial aid refund?
| Summer 2025 | |
|---|---|
| June 9, 2025 | Initial summer financial aid refunds received for classes that start the week of May 19, 2025 (POT 1 & 7) ** |
| July 8, 2025 | Financial aid refunds received for classes that start the week of June 16, 2025 (POT 8) ** |
| July 21, 2025 | Financial aid refunds received for classes that start the week of June 30, 2025 (POT 9)** |
| **HACC must verify your enrollment before we apply your financial award to your bill. Federal student loans will pay after students’ attendance is confirmed in the 6th eligible credit** *** Federal regulation requires a 30-day disbursement delay for first-time, first-year borrowers of Direct Subsidized and Direct Unsubsidized loans. | |
| Summer PA State Grants will disburse by early September 2025. ****NOTE: Pennsylvania State Grant awards are estimates until eligibility is determined after attendance is confirmed. Students should not expect summer Pennsylvania State Grant awards to cover summer tuition.**** For more information about the PA State Grant, please click here. | |
| For more information, contact the Financial Aid Office. | |
* Students receiving a loan for only one semester will receive two disbursements of loans at 50% each.
** Please do not contact HACC prior to date(s) noted above to ask about your financial aid refund. This slows the refund process.**
If you have questions about your refund preference, or need assistance with activating your BankMobile account, please contact the Bursar’s office at cashiering@hacc.edu.
How can I check my refund status with BankMobile Disbursements?
- Log into your profile.
- Select "Refund Status & History" in the sub-menu listed under the "Refunds" tab.
You can sign up for mobile text alerts to notify you when HACC disperses your refund. BMTX, Inc. will use your selected refund preference to disperse your refund.
What is the refund process?
- You may see your financial aid and refund disbursement transactions on your HACC account. This does not guarantee the refund process is complete.
- HACC’s Student Accounts office processes financial transactions behind the scenes. We generate the refund file to send to BMTX, Inc.
- If you choose to have your financial aid refund deposited to an existing bank account, it may take an additional one-two business days for the receiving bank to credit the money to your account. If you open a BankMobile Vibe checking account (upon identity verification), money is deposited the same business day BMTX, Inc. receives funds from your school.
