Refunds, Book Fund & Direct Deposit

In This Section

Refunds

Students may receive a refund based on financial aid, loan credits or overpayments to their term bill. ​

  • For students who have financial aid, their aid will be applied to the term bill to cover the semester tuition and fee charges after completion of all the paperwork for the award package. ​If the financial aid award exceeds the balance due, students are entitled to receive a refund of the credit balance on their student account. ​
  • Refunds are available to students after the add/drop period if there is a credit balance on the account due to disbursed financial aid.​
  • Refunds will be sent via direct deposit (recommended) or paper check by mail. ​

Note: All PLUS loan credit balances that are refunded to the parent borrower will be mailed by paper check to the parent's address listed on the PLUS loan application.​​

More on Refunds ​

Direct Deposit 

Rutgers University can electronically deposit student refunds directly into the checking or savings bank account provided. ​

  • Student can set up direct deposit for their refunds online. Instructions for how to register for direct deposit can be found here: https://studentabc.rutgers.edu/electronic-refunds ​
  • We encourage all students to sign up for direct deposit in order to receive refunds faster.​

Note: All PLUS loan credit balances that are refunded to the parent borrower will be mailed by paper check to the parent's address listed on the PLUS loan application.​​

How to Set Up Direct Deposit​

Barnes & Noble (B&N) Book Fund

Eligibility: Financial aid recipient with expected refund of $500+​

  • Provided when total offered aid exceeds directly billed charges by $501. This first $500 is sent to campus bookstore so students can purchase their books without having to wait for a refund ​
  • Students are automatically opted in and must opt out if they don’t do not want the book fund​
  • Students can opt out by logging in to your student account and checking your status​
  • B&N will price match through Amazon, bn.com and local competition ​​

How to Change Your RU Book Advance Status

Key Contacts

Student Accounting, Billing and Cashier Services

(973) 353-5423
Blumenthal Hall 3rd Floor
249 University AvenueNewarkNJ07102

Please include your 9-digit RU ID number in your email communications.