Refunds: Refunds will be deposited via Electronic Funds Transfer(EFT) . The amount of refund will be determined by the Adjustment/Refund Schedule. Refunds for financial aid recipients who withdraw (drop all classes) may be applied first to any aid programs from which the student received aid.

Direct Deposit: Effective November 1, 2009, KU has a new refund policy for Lawrence and Edwards Campus students requiring direct deposit for student account refunds.   Students may sign up for Direct Deposit through Enroll & Pay>Manage Account> Direct Deposit for Refunds.  Or, a Direct Deposit Authorization form located at www.bursar.ku.edu (select Forms) may be filled out and brought to the Bursar's Office. Once you have submitted the form, any excess financial aid and other credit balances will be electronically transferred to your designated bank account each semester. If you change bank accounts, you must update your bank information online or with a new Direct Deposit form. Parents who are securing a Parent Plus Loan may also enroll in Direct Deposit by filling out the Direct Deposit Authorization form. 

Note:  Students and Parents who do not personally deliver the form to the Bursar’s Office must have the form notarized.

By Mail:To accommodate disbursement of excess financial aid requirements, paper checks will only be mailed once a week for students and parents that have not yet signed up for Direct Deposit.  Verify your billing and permanent addresses on the Enroll & Pay system. If no billing address exists, the permanent address will be used.