Credit Balance Refund Process
Disbursing Aid and Credit Balance Refund Process
There are instances when a student’s total financial aid packaged exceeds his/her institutional costs causing a credit balance on the student account. When a credit blance is present on the student account a refund is issued to the student’s personal Tulsa CC Card.
The TCC Financial Aid Office delays the first payment of aid for the semester by approximately two weeks after class starts. The Financial Aid office will then continue to process financial aid throughout the semester, disbursing any previously un-disbursed aid Monday-Thursday until the semester closes. The Bursar office review student accounts for credit balances and process refunds at the beginning of the week. Generally refunds of a credit balance will become available to students through their Tulsa CC Card every Tuesday of the semester. The process may be altered due to holidays, snow days and other unforeseen circumstances. Barring these instances, TCC makes a great effort to maintain a consistent credit balance refund process.
Should a student incur additional school-related expenses after all of the financial aid is disbursed, such as enrolling in a class starting later in the semester, the student is obligated to cover these additional costs. Students who have an outstanding balance maybe be ineligible from future enrollment at TCC, and may be denied their TCC transcript until the balance is paid.