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Online Schools That Give Refund Checks Fast Listed

Financial aid refunds are often issued electronically as a direct deposit. But some online schools, including Ashford University and the University of Phoenix, issue refund checks instead of electronic refunds. Paper refund checks are often delayed, sometimes for as long as 21 days. But there are several online schools that give refund checks fast — within two weeks or less. For more information on online schools that give refund checks, see below.

The List of Online Schools That Give Refund Checks

In order to attend a college or university, you may need to utilize financial aid from the Department of Education. Students will often be approved for more financial aid than they need for tuition costs. For example, if a semester’s tuition costs $2,000, you might be approved for $3,000. If you accept the entire $3,000 loan, the school will issue you a refund of $1,000 for the excess payment. You can use the refund to pay for other costs associated with your education, such as school supplies, a computer, or living expenses.

Note that accepting the full $3,000 loan means you will have to pay interest on that amount. If you can cover your additional expenses through a work-study program or off-campus job, your total student loan amount will be lower, and you’ll save on interest. It’s a good idea to talk with a financial aid advisor about how much of a loan you should accept.

We’ve compiled the list of online schools that issue financial aid refund checks, including which online schools give refund checks fast.

Online Schools That Give Refund Checks Fast Listed

Financial aid refunds are often issued electronically as a direct deposit. But some online schools, including Ashford University and the University of Phoenix, issue refund checks instead of electronic refunds. Paper refund checks are often delayed, sometimes for as long as 21 days. But there are several online schools that give refund checks fast — within two weeks or less. For more information on online schools that give refund checks, see below.

The List of Online Schools That Give Refund Checks

In order to attend a college or university, you may need to utilize financial aid from the Department of Education. Students will often be approved for more financial aid than they need for tuition costs. For example, if a semester’s tuition costs $2,000, you might be approved for $3,000. If you accept the entire $3,000 loan, the school will issue you a refund of $1,000 for the excess payment. You can use the refund to pay for other costs associated with your education, such as school supplies, a computer, or living expenses.

Note that accepting the full $3,000 loan means you will have to pay interest on that amount. If you can cover your additional expenses through a work-study program or off-campus job, your total student loan amount will be lower, and you’ll save on interest. It’s a good idea to talk with a financial aid advisor about how much of a loan you should accept.

We’ve compiled the list of online schools that issue financial aid refund checks, including which online schools give refund checks fast.

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