Fall 2008 Financial Aid Refund Information

Students will begin receiving disbursements for the Fall 2008 the week of September 8, 2008 and we will process disbursements everyday (except Fridays) through October 3,2008 or until all completed files have been processed.

Please allow until Friday October 3, 2008 for processing and disbursing.

Please keep in mind that even if your lender says it has disbursed and it does not appear on the student link then we have not processed it yet.

At the start of a semester, there is no way to know ahead of time what specific day your disbursement will come in, therefore please check your “Account Summary By Term” on your student link daily.

As soon as the money is received by the school, you will be able to see this information by following the steps below:

• Go to https://banner.argosy.edu and click on “Enter Secure Area”
• Login using your “User ID” and “Pin”
• Once you have logged in, click on “Student Services and Financial Aid"
• Click on “student records”
• Click on “account summary by term "
  

Once the school receives the student’s disbursement, your account will show one of 3 options below:

A Negative Balance- This means that the school received the disbursement, tuition has been paid and the Negative dollar amount is what will be refunded to you. The reason that it is Negative is because the money was just received and the refund has not yet been sent out. Once the refund is processed the account will read one of the following below. It may appear negative for up to 10 business days.

Direct Deposit- This means you have set up your direct deposit information and therefore your refund will be directly deposited into your checking account. Please keep in mind that it takes approximately 3-5 business days from the time a disbursement is received by Argosy before it will post to a checking account.

ATL Refund – This means that a paper refund check will be mailed to you from our Chicago office. Please keep in mind that it takes approximately 2 weeks from the time your disbursement is received by Argosy for you to receive your refund check.