Excess Financial Aid Refunds

If the total of all your financial aid is more than your direct tuition, mandatory fees, and Campus Shop deferred charges (bookstore charges) for the semester, you will receive an excess financial aid refund.Excess financial aid refunds are issued by paper check and mailed approximately four (4) weeks after the start of the semester.

Excess financial aid refunds will continue to be issued throughout the semester as funding is received from the Department of Education and GA Student Finance Commission.

  • After the drop/add period and once attendance/enrollment is confirmed (approximately the second week of the semester), the U.S. Department of Education and/or the Georgia Student Finance Commission will electronically transfer funding to Savannah Tech to be applied to each qualified student’s account.
  • Once those funds are applied and each account is evaluated to determine the amount of refund due, a refund will be issued by paper check. Federal regulations allow the college 14 calendar days to issue/mail a refund of excess financial aid.
  • STC will begin mailing excess financial aid refunds approximately four (4) weeks after the start of the semester.

Anticipated Excess Financial Aid Refund Schedule

Please note that the dates provided here are estimated and actual dates may be different. 

Financial Aid Schedule Disbursed/Paid to Savannah Tech Anticipated Excess Financial Aid Refund to Student
Summer 2015 06/16/2015 06/29/2015
Fall 2015 09/08/2015 09/21/2015
Fall miniterm 10/27/2015 11/09/2015
Spring 2016 01/26/2016 02/08/2016
Spring miniterm 03/22/2016 04/04/2016
Summer 2016 06/14/2016 06/27/2016
Summer miniterm 07/12/2016 07/25/2016