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 may sign up for direct deposit to receive their student refunds to a savings/checkings bank account of their choice. To enroll, visit the Student Center's "Finances" tab in CaneLink, then go to "Direct Deposit" under "My Account."
Note: Only U.S. bank accounts can be used 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 4-5 days to be delivered. Please wait at least a week before submitting a check cancellation request.
Wire payments should be limited to educational expenses billed to the student's account. 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. Wire transfer overpayments received by the University will be returned to the originating bank account and not refunded to the student.
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