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How and When Do I Get my Financial Aid Refunds?

Refunds for all types of financial aid will begin 30 days after the start of the semester.

  • You will receive loan funds in two disbursements each semester.
  • First disbursement will occur approximately 30 days after the beginning of the semester.
  • If tutition, fees and bookstore charges are greater than the first disbursement, the student will not receive a refund until the second disbursement of financial aid is received.
  • Second disbursement of loans will be made after the mid-point of the semester.
  • Because all financial aid funds will not be released until several weeks into the semester, you will need to plan ahead for non-educational expenses such as rent, transportation and child care.
  • You must be attending classes and continue to meet all eligibility requirements to receive a disbursement.

Important Note:  Any withdrawals or late starting classes may delay refunds.

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You must select your refund preference using your Higher One Refund Access Card.

  • Refunds can be deposited to your bank account or you can set up a Higher One checking account.
  • Refunds cannot be released to students until financial aid funds are received by the college.
  • Some or all of the first payment may be needed to pay remaining charges.

Refund and Higher One questions contact:  Cashier's Office at (616) 234-4020 or go to GRCCRefundAccessCard.com.