The Student Accounts Office is responsible for disbursing your financial aid. Your financial aid is applied directly to institutional charges (tuition, fees, room and board).
Any excess funds will be available to you within 14 days of the date the credit balance occurs or within 14 days of the first day of classes, whichever is later. Financial aid student refunds are disbursed to students by direct deposit. Students should log-on to SeaNet and their E-Bill information to set up direct deposit into an existing bank account.
The financial aid a student receives goes to pay the UNCW bill. There is typically extra money left over once everything on the bill is paid; especially if the student doesn't have on-campus housing, dining, and/or UNCW insurance.
The student will receive that excess money the first week of class through direct deposit or a check, depending on how they set it up through Ebill.
Reimbursement will be automatic once the bill is covered. For example, if the student receives $10,000 in aid, and the bill is $6,000, the remaining $4,000 would be given to the student to cover extra expenses (e.g. off campus housing or other school-related expenses). Other inquiries about the process should be directed to your financial aid counselor.
