What happens to excess funds if the bursar account is overpaid?
If an account is overpaid by a personal payment or student financial aid, a refund is issued to the student by direct deposit (or check if the student has not yet signed up for direct deposit). If an account is overpaid by a Parent PLUS loan, a refund is issued to the parent borrower by check mailed to the address on the loan application form instead of to the student.