Students may be eligible for a refund of financial aid, loan credits, or payments that exceed the charges on their student account. A refund may also result from other account transactions such as adjustments to financial aid, tuition, fees, and room and board. Students can receive refunds either by direct deposit or paper checks.
Students have the option to sign up for direct deposit to receive their student refunds to an authorized savings/checking account of their choice.
Benefits for enrolling for direct deposit include:
To enroll, visit the "Financials" menu in CaneLink, then select the "Direct Deposit/Bank Account" option. For instructions, click here.
Note: Only U.S. bank accounts can be added in CaneLink for this service.
Students who have not signed up for direct deposit will have their refund checks mailed to their current address listed in CaneLink.
Mailed checks can take 5-7 business days to be delivered due to mailing wait time.
Submit this online form to cancel your student refund check:
Student Refund Check Cancellation Form
Important Reminders:
Note: Once the refund check is cancelled, the excess that created the refund will result in a credit to the student account, which may be applied to any unpaid balances, if eligible.
All payments should be limited to educational expenses billed to the student's account. Incoming payments that exceed the balance due will be handled as follows:
Note: Funds intended to cover personal and living expenses not billed to the student's account must be sent directly to the student, not to the University of Miami.