Financial Aid Refunds

Have you signed up for automatic deposit of your refund check?  Get your refund almost a week sooner by going to your Jet Stream account and clicking on Banking Information.


Fall 2019 Refund Information

Pell Grant Refunds

Check Type Expected Refund Date
E-check Deposit September 20, 2019
Paper check mailed September 20, 2019
  • Paper checks are sent via USPS mail and can take up to fifteen (15) business days for delivery.
  • The Business Office will reissue a check no sooner than fifteen (15) business days after the check date unless the College has received the check back in return mail.
  • You may be charged a $25 processing fee for the reissuance of a check prior to the fifteen (15) day wait period.
  • When a check is returned to the Business Office, Jackson College will make an attempt to contact you. In the event that there is a forwarding address, the College will send the check in the mail to the forwarding address.
  • Please be sure that Jackson College has your current address. Details on updating your directory information can be found on the Student Services webpage.
  • Once a check has been reissued, the original check will be voided. If you cash or deposit the original check, you will be liable for all costs incurred by your financial institution.
  • Please allow up to one week for processing a reissuance of a financial aid refund check
  • Pell grant refunds are based upon each individual student’s schedule.  Once a student has passed their final add/drop date for the semester, their Pell grant refund will be released.

Loan Refunds

Expected Loan refund dates for students registered in six or more credits that are full semester courses. 

If there are funds remaining after JC charges have been paid, a refund will be issued.  Students with loans for Winter semester only may not receive a refund until after the second disbursement has been received by JC.  The Business Office processes all refunds and sends them to students within 7 to 10 days after the funds are posted to the student’s account.

Estimated Refund Dates

First Disbursement: October 3, 2019

Check Type Expected Refund Date
E-check Deposit October 11, 2019
Paper check mailed October 11, 2019

Second Disbursement: October 28, 2019

Check Type Expected Refund Date
E-check Deposit November 1, 2019
Paper check mailed November 1, 2019

Winter 2020 Refund Information

Pell Grant Refunds

Check Type Expected Refund Date
E-check Deposit January 31, 2020
Paper check mailed January 31, 2020
  • Paper checks are sent via USPS mail and can take up to fifteen (15) business days for delivery.
  • The Business Office will reissue a check no sooner than fifteen (15) business days after the check date unless the College has received the check back in return mail.
  • You may be charged a $25 processing fee for the reissuance of a check prior to the fifteen (15) day wait period.
  • When a check is returned to the Business Office, Jackson College will make an attempt to contact you. In the event that there is a forwarding address, the College will send the check in the mail to the forwarding address.
  • Please be sure that Jackson College has your current address. Details on updating your directory information can be found on the Student Services webpage.
  • Once a check has been reissued, the original check will be voided. If you cash or deposit the original check, you will be liable for all costs incurred by your financial institution.
  • Please allow up to one week for processing a reissuance of a financial aid refund check

Loan Refunds

Expected Loan refund dates for students registered in six or more credits that are full semester courses. 

If there are funds remaining after JC charges have been paid, a refund will be issued.  Students with loans for Winter semester only may not receive a refund until after the second disbursement has been received by JC.  The Business Office processes all refunds and sends them to students within 7 to 10 days after the funds are posted to the student’s account.

Estimated Refund Dates

First Disbursement: February 12, 2020

Check Type Expected Refund Date
E-check Deposit February 21, 2020
Paper check mailed February 21, 2020

Second Disbursement: March 11, 2020

Check Type Expected Refund Date
E-check Deposit March 20, 2020
Paper check mailed March 20, 2020

Spring 2019 Refund Information

Pell Grant Refunds

Check Type Expected Refund Date
E-check Deposit June 12, 2020
Paper check mailed June 12, 2020
  • Paper checks are sent via USPS mail and can take up to fifteen (15) business days for delivery.
  • The Business Office will reissue a check no sooner than fifteen (15) business days after the check date unless the College has received the check back in return mail.
  • You may be charged a $25 processing fee for the reissuance of a check prior to the fifteen (15) day wait period.
  • When a check is returned to the Business Office, Jackson College will make an attempt to contact you. In the event that there is a forwarding address, the College will send the check in the mail to the forwarding address.
  • Please be sure that Jackson College has your current address. Details on updating your directory information can be found on the Student Services webpage.
  • Once a check has been reissued, the original check will be voided. If you cash or deposit the original check, you will be liable for all costs incurred by your financial institution.
  • Please allow up to one week for processing a reissuance of a financial aid refund check

Loan Refunds

Expected Loan refund dates for students registered in six or more credits that are full semester courses. 

If there are funds remaining after JC charges have been paid, a refund will be issued.  Students with loans for Winter semester only may not receive a refund until after the second disbursement has been received by JC.  The Business Office processes all refunds and sends them to students within 7 to 10 days after the funds are posted to the student’s account.

Estimated Refund Dates

First Disbursement: July 1, 2020

Check Type Expected Refund Date
E-check Deposit July 10, 2020
Paper check mailed July 10, 2020

Second Disbursement: July 8, 2020

Check Type Expected Refund Date
E-check Deposit July 17, 2020
Paper check mailed July 17, 2020

Questions

Questions regarding your financial aid refund date can be directed to our Accounts Receivable Clerk/Cashier at 517.796.8420.