Student Refund Policy for Credit Balances
Students with credit balances resulting from excess financial aid funds, tuition cancellations etc., will have a refund processed within 14 days of the credit appearing on their account. MMC offers students the ability to have their refund automatically credited to their designated bank account through e-refunds. Students can enroll in e-refund through MMC Connect. Students not enrolled in e-refunds will have their refund check mailed to the permanent home address.
Students may request to apply their credit balance to future semester charges by completing the appropriate authorization form at the Center for Student Services.
When a student’s registration status changes and the student is a recipient of financial aid funds, the student’s record must be reviewed by a Financial Aid Counselor before a refund can be issued. Credit balances resulting from the disbursement of Parent Plus Loans will be refunded to the borrower if the loan is greater that the students institutional charges. If the parent would like the refund to go directly to the student, written authorization must be submitted to the Center for Student Services.