When will I get my refund? To receive a refund, your financial aid must be posted to your account and cause a credit balance or overpayment. Any credit balance or overpayment is refunded on Friday, the week after the credit balance or overpayment appears. For each semester, the first batch of refunds are issued on the Friday before classes begin and are produced weekly throughout the semester.
In some cases, class schedule changes and/or changes in financial aid eligibility may result in the student being required to repay a portion or all of the refund. Please monitor you CougarNet account regularly.
How will I get my refund? You Have Options! You have the choice to receive your refunds by direct deposit to your existing bank account, or added to a SIUE MasterCard® Prepaid Debit Card issued by Citi® through SIUE. These options are intended to give you faster and more convenient access to your financial aid and refunds.
Which option is right for me? Compare Refund Options
What if I already have a bank account? Then you want to choose direct deposit and have your refund sent straight to your bank account.
What if I don't want to open a bank account? Then you want to choose the SIUE MasterCard® Prepaid Debit Card issued by Citi®.
What do I need to do?
Already received your invitation to enroll?
Already have an SIUE MasterCard Prepaid Debit Card?