Tuesday, April 11, 2017


Direct Deposit

We highly encourage the use of Direct Deposit to receive refunds.

  • It's Faster - Funds are available in your bank before checks are issued. You don't have to wait the extra days for the check to arrive in the mail.
  • It's Easier - Sign up online in under 5 minutes! That's less time than it takes to make a trip to the bank.
  • It's Safer - Direct Deposit transfers go straight from the university to your bank, eliminating multiple steps of handling where physical checks could get intercepted or lost.

Your browser must allow pop-ups and have JavaScript enabled for the enrollment button to work. However, if the online form does not open properly, go to the Electronic Forms system (ELF) and click on "Access My Forms". You must authenticate using your directory ID (Students only - Associate Accounts do not have permission). After a successful login, a new window will open. Click the "New Form" button and then choose the "Student Account Direct Deposit Authorization" form.

Please allow five business days for our system to process your direct deposit enrollment. Refunds processed before your enrollment is complete will be distributed by check.

NOTE TO NEW STUDENTS: We cannot load your direct deposit information until you have confirmed your enrollment AND activated your DirectoryID. Please verify this has occurred before enrolling in Direct Deposit.

Financial Aid Refunds

Financial Aid Refunds are automatically processed twice per week; therefore you do NOT need to submit a request for these funds. All other refunds must be requested (see next section below). Financial Aid refunds for the upcoming term cannot begin processing until 10 calendar days before the first day of classes per Federal Regulations. Financial Aid refunds should then be deposited 8 calendar days before the first day of classes to those who have completed the direct deposit enrollment on time. Those who haven't enrolled in direct deposit will be issued checks. You cannot pick up your check in person. Refund checks won't be mailed until the first day of classes. All refund checks are mailed to the local address on record, except if the local address is on-campus, then the refund check will be mailed to the permanent address. It is the student's responsibility to keep the address information up-to-date. Refunds are not disbursed on holidays or weekends.

If you wish to receive your Financial Aid refund via direct deposit, please click on the link above for the online enrollment form. If you experience problems logging in or using the online form you may also download and print our alternative form: Student Account Direct Deposit form (pdf). Sign & return the completed form to the Office of the Bursar, Lee Building, University of Maryland, College Park, MD 20742. You may also fax it to 301-314-9976.

Other Refunds

Refunds for credit balances other than Financial Aid are not processed automatically. You must submit a written refund request to our office by one of the following ways:

  • Log into the Student Account Inquiry and complete an online refund request
  • Send a letter or fax requesting a refund. The fax number is 301-405-0659
  • Visit the Financial Service Center in Room 1135 of the Lee Building and complete a refund request form

Upon verification by the Refund Unit, refunds are processed in the same manner in which you originally paid. Refund checks are made payable to the student and are mailed from the Bursar's Office. Credit balances attributable to payment made by personal check are subject to a 30-day hold to insure that the check clears the bank before a refund check will be issued. All refund checks are mailed to the permanent address on record. It is the student's responsibility to keep the address information up-to-date.

Students with a credit balance of $250.00 or less are eligible to receive a cash refund, subject to the availability of funds. Please visit our office in-person to obtain a cash refund voucher, and be sure to bring a photo ID with you.

Credit balances attributable to payments made originally by credit card must be refunded back to the card originally charged. Credit card refunds are processed electronically and take about a week after the credit appears on your student account.

Refund Schedule

To view the refund schedule for dropping a course or withdrawing from all courses, click on the link below and then select the applicable term.


  1. Students who have made no payment on their account at the time of withdrawal will be billed according to the above schedule.
  2. Students receiving Title IV funds will have their refunds calculated in accordance with Federal Regulations.
  3. In computing refunds to students who have scholarships and loans from University funds, the computation will be made in such a way as to return the maximum amount to the scholarship and loan accounts without loss to the University.
  4. Only amounts in excess of the non-refundable enrollment deposit will be refunded.
  5. Refund rates are based upon withdrawals confirmed by Records and Registration by close of business on the above dates.
  6. Refunds for Special Courses: COOP 098/099, MATH 001,002,003,010,011, 013,015: A part-time or full-time undergraduate who drops COOP 098/099, ENCO 098/099, or a zero-level Math course will receive an 80% refund of the fee if the course is dropped during the first five (5) days of classes or 0% thereafter. Zero-level Math courses will still be counted in the determination of hours for full-time or part-time status, not withstanding the refund policy.

If there are any questions about this information, please Contact Us.