Refunds of Excess Financial Aid
Excess financial aid refunds begin being processed 14 days after disbursement. Initial disbursement from the Financial Aid Office is usually completed by the end of the first week of classes and continues throughout the semester/term. Checks are processed and issued on Tuesdays and Fridays and continue throughout the semester/term.
Students are encouraged to monitor their KatePay account online to verify a refund has been issued prior to making a special trip to Student Accounts. If a check has been cut, the balance on your account will be zero and your recent activity will indicate "Student Refund."
St. Paul student refunds can be picked up at the Student Accounts office after 2 p.m. the day they are processed. Checks that are not picked up within two weeks are automatically mailed. All Minneapolis student refunds are mailed the day they are processed.
Allow three weeks for delivery. If any St. Paul or Minneapolis refund check must be reprinted prior to the three-week waiting period, a $35 stop payment/reissue fee charge will be assessed. Any refund balance that results from using American Express, Discover, MasterCard or Visa will be credited directly to the credit card.
Withdrawal: If a student withdraws from school after receiving a refund check, the student may be required to repay all or a portion of the refund amount back to St. Kate's.