Refunds

Student Refund Preference

Refunds are typically issued to students whose financial aid exceeds the charges on their student accounts, but may be from other campus credits such as dropping a class, etc.  The University has partnered with BankMobile to process all student refunds.  All students should choose a preference even if they do not expect to receive a refund. 

Simply follow these steps to make your refund preference selection:

• Log into SOAR.USM.EDU 
• On the Student Dashboard page of SOAR
• Click the BankMobile Refund link under Student Account
  • Please temporarily turn off all pop-up blockers for link to work properly
• Follow BankMobile directions to select refund preference

For more information about BankMobile, visit this link: bankmobiledisbursements.com. 

Refunds are processed twice a week and sent to BankMobile on Wednesdays and Fridays.

To view our institution’s contract with BankMobile, a Division of Customers Bank, click here.