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SRTC Financial Aid Refunds

Student Announcement

In order to provide more flexible options for receiving refunds, Southern Regional Technical College has partnered with BankMobile, a division of Customers Bank, to deliver financial aid and other refunds to eligible students.­­

Your options for receiving your refunds are:

ELECTRONIC DEPOSIT TO ANOTHER ACCOUNT (recommended)

Money is transferred to a personal bank account the same business day BankMobile receives funds from Southern Regional Technical College. Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account.

ELECTRONIC DEPOSIT TO A BANKMOBILE VIBE ACCOUNT

If you open a BankMobile Vibe account (upon identity verification), money is deposited the same business day BankMobile receives funds from your school.

PAPER CHECK DELIVERED BY USPS

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® delivery timeframes.

Here’s what you need to do:

  1. Verify your mailing address: BankMobile will mail a welcome package to the current address you have on file with Southern Regional Technical College. Please verify your address in BannerWeb and visit the Admissions Office to make any necessary changes as soon as possible.
  1. Look for a green envelope in the mail: A green envelope from BankMobile should arrive with a personal code for selecting a refund delivery preference. If you select the BankMobile Vibe account as your refund choice, you will receive a temporary virtual Debit MasterCard® to use until your physical card arrives.
  2. Visit refundselection.com to make your choice: Once your package arrives, go to www.refundselection.com , click Let’s Get Started, and enter your personal code. Then simply complete the online setup process to customize your preferences, including setting up refund status email updates and mobile alerts.

View the Contract Disclosure here!

Financial Aid Refund Dates

Financial aid refunds will be released on the dates below. The method of disbursement that is selected by the student for BankMobile processing will determine when funds are available to the student.

Fall Semester 2016

September 13, 2016

Spring Semester 2017

February 6, 2017

Summer Semester 2017

June 15, 2017