Account Refunds

Often students receive financial assistance and/or payments that exceed the tuition & fees charged for the semester. In this case, the student is eligible to receive a refund of the credit balance on their student account. All refunds will be processed in the form of a check payable to the student.

Main Campus and Extended Studies Students

Students with a credit balance not resulting from financial aid can submit the Refund Request Form to the Office of Student Accounting by mail, fax, or in person at the cashier's window. Please allow four (4) business days for the refund to be processed.

Beginning with the Spring 2010 Term 

Students with a credit balance resulting from financial aid will automatically have the refund processed after the drop/add period (the first two weeks of class) and will no longer be required to request the refund. Any additional credit balances created after this period will be processed weekly. Please allow four (4) business days for processing and mailing after the date of the refund transaction. The quickest and most convenient method for the student to determine if the STUDENT REFUND has been processed will be to check their student account in PAWS. Refund checks will be mailed to the MAILING address unless a STUDENT REFUND address has been updated in PAWS. Students should verify their address each semester to ensure the check will be mailed to the desired address.

Please be reminded if you are receiving Federal Title IV Funds (Grants such as Pell, ACG, SMART, etc. or Loans such as Stafford or Plus) and you wish for these funds to pay for charges other than tuition, such as books, fees, etc. Florida Tech must have your authorization to do so. If you intend to use your financial aid for these types of charges please use this link to the authorization page http://authaid.fit.edu (you will need your TRACKS username & password to login). If you have not made this authorization then Florida Tech is required to refund you the entire amount of your financial aid after tuition, which may result in a balance due on your student account. You will then be required to remit payment back to Florida Tech for the remaining balance.

University Alliance Students

Students with a credit balance not resulting from financial aid should contact their University Alliance representative for refund instructions.

Beginning with the Fall II 2009 Term

Students with a credit balance resulting from financial aid will automatically have the refund processed after the 9th business day of class and will no longer be required to request the refund. Any additional credit balances created after this period will be processed weekly. Please allow four (4) business days for processing and mailing after the date of the refund transaction. The quickest and most convenient method for the student to determine if the STUDENT REFUND has been processed will be to check their student account in PAWS. Refund checks will be mailed to the MAILING address unless a STUDENT REFUND address has been updated in PAWS. Students should verify their address each semester to ensure the check will be mailed to the desired address.

Please be reminded, if you are receiving Federal Title IV Funds (Grants such as Pell, ACG, SMART, etc. or Loans such as Stafford or Plus) and you wish for these funds to pay for charges other than tuition such as books for example, Florida Tech must have your authorization to do so. If you intend to use your financial aid for these types of charges please use this link to the authorization page http://authaid.fit.edu (you will need your TRACKS username & password to login). If you have not made this authorization then Florida Tech is required to refund you the entire amount of your financial aid after tuition, which may result in a balance due on your student account. You will then be required to remit payment back to University Alliance for the remaining balance.

Note for All Students: Students that have received a refund from a financial aid overpayment and have withdrawn, or that have been overawarded, may be required to repay a portion of their financial aid to Florida Tech. Students should access their student account through PAWS on a regular basis to stay informed regarding the status of their student account.