The Office of Fee Assessment and Refunds is responsible for processing academic and departmental tuition and fee refunds. The following situations may result in a refund, pending the transaction occurs before the appropriate deadlines:
- Change in a full-time student's schedule, which results in reclassification to part-time status
- Change in a part-time student's schedule, which results in fewer credit hours
- Course or courses dropped
- Withdrawal from the University
- Cancellation of a class by the University
Our refund process takes 4-6 weeks to complete. The refund checks are made payable to the student and are mailed to the student’s permanent address. Refunds are processed only for fees paid during the academic year. The academic year begins with the fall term and ends with the last summer session (Summer II). Refunds may be requested at any time during the academic year in which the applicable term occurs.
TITLE IV Funds
Refund Policy for Students who have Received TITLE IV Funds and Withdraw from the University.
Title IV Funds include:
- Unsubsidized Direct Loan
- Subsidized Direct Loan
- Perkins Loan
- Direct Plus Loan (Graduate Student)
- Direct Plus Loan (Parent)
- Pell Grant
- Academic Competitiveness Grant
- National SMART Grant
- FSEOG
- TEACH Grant
Federal financial aid funds are awarded with the expectation that students will complete the entire period of enrollment. Students "earn" a percentage of the funds that are disbursed with each day of class attendance. When a student who has received federal aid funds (Title IV Funds) leaves school before the end of the semester or period of enrollment, federal regulations require the University of South Carolina to calculate the percentage and amount of "unearned" financial aid funds that must be returned. Once a student has completed more than 60% of the enrollment period, they are considered to have earned all funding received. This calculation may have the effect of requiring the student who withdraws before this time frame to repay funds that have already been disbursed to the student or credited towards their current account for tuition, fees, housing and/or meals. Students are encouraged to meet with a counselor in the Office of Student Affairs, or the appropriate office on their campus, prior to making the decision to withdraw from school.
CONTACT US:
Fee Assessment and Refunds
Phone: (803) 777-6590
Fax: (803) 777-0038
Email: bursref@mailbox.sc.edu
Mailing:
Fee Assessment and Refunds, Office of the Bursar
University of South Carolina
Columbia, South Carolina 29208
To ensure timely disbursement of your financial aid awards, please ensure the necessary documentation has been completed and received by the Office of Financial Aid and Scholarships. The Office of Student Loan Accounting disburses all financial aid overages. The beginning disbursement date is posted on VIP and this website. Due to Federal regulations we cannot disburse financial aid funds prior to the stated beginning date for each semester.
Please contact the Office of Financial Aid and Scholarships with questions about your Financial Aid Awards.
CONTACT US:
Student Loan Accounting
Phone: (803) 777-8140
Fax: (803) 777-0038
Email: bursloan@mailbox.sc.edu
Mailing:
Student Loan Accounting, Office of the Bursar
University of South Carolina
Columbia, South Carolina 29208
The University offers and recommends direct deposit for your Financial Aid Overage. To sign up, complete the Direct Deposit form and return to our office along with a voided check. If you do not use checks, you may submit an official statement from your financial institution stating the routing and account number for your checking account. The form can be returned to our office at the address or fax number listed above.
Please plan ahead. It takes 15 days for an account to be active due to the pre-noting process. The pre-noting process verifies the account is setup properly with the University and the financial institution.
CONTACT US:
Student Loan Accounting
Phone: (803) 777-8140
Fax: (803) 777-0038
Email: bursloan@mailbox.sc.edu
Mailing:
Student Loan Accounting, Office of the Bursar
University of South Carolina
Columbia, South Carolina 29208
You will need Adobe Acrobat Reader to view and print these forms. If you do not have it installed on your computer, you can download it here.
CONTACT US:
Fee Assessment and Refunds
Phone: (803) 777-6590
Fax: (803) 777-0038
Email: bursref@mailbox.sc.edu
Mailing:
Fee Assessment and Refunds, Office of the Bursar
University of South Carolina
Columbia, South Carolina 29208