Direct Deposit for Student Refunds
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:
- The fastest and most secure method to receive your student refunds.
- Funds are deposited into the bank account selected eliminating check mailing wait time.
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.
Paper Check for Student Refunds
Students who have not signed up for direct deposit will have their refund checks mailed to their current address listed in CaneLink.
Student Refund Check Cancellation Request
Submit this online form to cancel your student refund check:
Student Refund Check Cancellation Form
Important Reminders:
- Ensure your refund check was issued at least two weeks before submitting the request.
- If you receive your refund check after submitting this request, please do not attempt to cash it.
- For more than one check cancellation request: a form for each check must be submitted.
- Ensure your local and permanent addresses in CaneLink are up to date.
- Enroll in direct deposit via CaneLink, the fastest and most secure method to receive student refunds.
Note: Once the refund check is canceled, 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.
Student Account Over-Payments
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:
- Wire transfer overpayments received by the University will be returned to the originating bank account and not refunded to the student.
- Check payments (including personal and 529 private plan) will be reviewed and mailed to the return address.
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.
