Refund Information

What happens if I stop attending or withdraw from a class?

Did you know you may owe funds back to the Federal Government, even if you already received a refund? The Government may recalculate your financial aid due to class withdrawal or lack of class attendance. This could result in a balance due to HACC. You may experience financial holds if you owe a balance to HACC. These holds can prevent you from:

Registering for classes
Receiving your grades
Getting copies of your transcript

When will I receive my financial aid refund?

Fall 2024
Sept. 18, 2024	Initial fall financial aid refunds received for POT 1 and 2 classes**
Sept. 30, 2024	Financial aid refunds received for POT L classes**
Nov. 12, 2024	Financial aid disbursement refunds received for POT 3 classes**
HACC must verify your enrollment before we apply your financial award to your bill. Federal student loans will pay after students’ attendance is confirmed in the 6th eligible credit *** Federal regulation requires a 30-day disbursement delay for first-time, first-year borrowers of Direct Subsidized and Direct Unsubsidized loans.
Due to FAFSA Simplification and the Grant Us modernization, Fall PA State Grant awards are expected to be received after the new year. At this time, estimated eligibility awards should be sent via email to students by PA State Grant in November. Students who meet the Fall State Grant eligibility criteria will receive their Fall awards retroactively. Find more information about PA State Grants here. Students should NOT factor in estimated funds to cover fall tuition. All fall tuition balances are the student’s responsibility. Students expecting a fall State Grant are expected to receive their award after the new year.

* Students receiving a loan for only one semester will receive two disbursements of loans at 50% each.

** Please do not contact HACC prior to date(s) noted above to ask about your financial aid refund. This slows the refund process.**

If you have questions about your refund preference, or need assistance with activating your BankMobile account, please contact the Cashiering office at cashiering@hacc.edu.

How can I check my refund status with BankMobile Disbursements?

Log into your profile.
Select "Refund Status & History" in the sub-menu listed under the "Refunds" tab.

You can sign up for mobile text alerts to notify you when HACC disperses your refund. BMTX, Inc. will use your selected refund preference to disperse your refund.

What is the refund process?

You may see your financial aid and refund disbursement transactions on your HACC account. This does not guarantee the refund process is complete.
HACC processes financial transactions behind the scenes. We generate the refund file to send to BMTX, Inc.
If you choose to have your financial aid refund deposited to an existing bank account, it may take an additional one-two business days for the receiving bank to credit the money to your account. If you open a BankMobile Vibe checking account (upon identity verification), money is deposited the same business day BMTX, Inc. receives funds from your school.