“What if I have overpaid?”

CASHNet eRefund is a web based solution that provides direct deposit refunds for overpayment and excess financial aids.

CASHNet eRefund offers these benefits to your school:

Flexible Administration

• Reduce workload as financial aid disbursements and student refunds are processed automatically.
• Reduce costs related to materials, postage and handling.
• Elect to send certain refunds to check printer for mailing.
• Easier management of exceptions.

Enhance Student Services

• Self-enroll and bank information verified at time of enrollment.
• Receives refund fast - directly into bank account.
• Receives email notification of deposit.

Efficient Administration

• Upload a batch file to process all disbursements and refunds instantly.
• Bank information is securely stored at the CASHNet DataCenter.
• Routing transit numbers are validated with the Federal Reserve database.