Financial aid (grants and student loans) will be credited to outstanding tuition and fees first. If you have been awarded more financial aid money than outstanding tuition and fees, the difference will be disbursed to you as a financial aid refund. Your award letter will give you an estimate of how much aid you have been awarded each quarter.
LWTech has partnered with BankMobile, a financial institution that specializes in assisting colleges with financial aid disbursements. After you have been awarded financial aid, there are three options to receive your refund:
A check is mailed the same business day BankMobile receives funds from your school, provided receipt is within daily cutoff times. Typically,
it takes 5 – 7 business days for the check to arrive, depending on USPS First-Class®
Students must attend classes to be eligible for financial aid. Students who do not
attend a class, or withdraw early from classes, may owe a repayment to the aid program
that was awarded. Students that owe a financial aid repayment may not be eligible
to receive additional financial aid from any college, and may be subject to collection
activity from federal, state, or institutional sources.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at benefits.va.gov/gibill.