Federal Refund Policy for Students Receiving Financial Aid

Most financial aid will be disbursed to your student account ten days before the start of the quarter. Refunds from excess financial aid will be sent by direct deposit or by check to the student by the end of the first week of classes provided all requirements have been met. Refunds from Undergraduate Parent Plus Loans will be mailed directly to the parent/borrower.For questions regarding your financial aid status, contact the Office of Financial Aid by phone at (937) 775-5721 or e-mail to finaid@wright.edu.

Federal student aid (Title IV) recipients who officially withdraw from all of their classes prior to completing more than 60% of the quarter are subject to the Federal Return of Title IV Funds calculation. This calculation establishes the amount of aid the student has earned and the amount of aid that WSU is required to return to the federal student aid programs. A return of federal aid often results in the student owing money to WSU. This calculation is also required to be performed for those federal student aid recipients who unofficially withdraw from all their classes. Additional information regarding the federal refund policy is available online on the Financial Aid Web site.

All or a portion of any balance owed to WSU as result of the Return of Title IV Funds calculation may be paid from a refund of institutional charges. Appeal procedures regarding charges and refunds of instructional fees and late registration fees are available at the Office of the Registrar, E244 Student Union. For appeal procedures for a refund/cancellation of on-campus housing charges/contracts, students should contact the Office of Residence Services, (937) 775-4172.