DelVal categorizes refunds into four different types. The type of refund may affect the timing of a refund. Read the descriptions below to identify the type of refund for which you may be eligible.

Financial Aid Refunds

Financial aid refunds are automatically processed by the Office of the Bursar.  To be eligible for a financial aid refund, your student account must meet all of the following requirements.

  • Total credits on the account for a specific term exceed total charges for the same term.
  • Financial aid is already disbursed to the account. Pending financial aid (Estimated Aid on TouchNet's website) will not be refunded.
  • The dollar amount of the credit balance is greater than the total personal payments on the account. Personal payments include matriculation deposits, personal checks, money orders, cash, online payments through TouchNet, brokerage account checks, and tuition savings account checks.
  • If there are any check or ACH payments on your account, at least 10 business days have passed without the payment(s) being returned by the bank.

Examples of refunds categorized by DelVal as financial aid refunds:

  • Your account has a credit balance, and there are no personal payments on your account.
  • Your account has a credit balance of $1,200, and you paid only a $400 matriculation fee.

Overpayment Refunds to Current Students

Overpayments by current students are not automatically refunded. If your total personal payments exceed your credit balance, DelVal categorizes your refund as an overpayment refund, even if you received some form of financial aid. To be eligible for an overpayment refund, your account must meet all of the following requirements.

  • Total credits on the account for a specific term exceed total charges for the same term.
  • At least 10 business days have passed from the date of the most recent check or ACH payment, and no payments were returned by the bank.
  • You do not have an unpaid balance from a prior term or from miscellaneous charges (Other Activity on TouchNet's website).
  • You do not have an unpaid balance for a future term.
  • You requested the refund by emailing bursar@delval.edu from your DelVal email address.

Refund requests from parents and/or from private email addresses will not be accepted. If the student does not request a refund, DelVal will automatically hold the credit balance toward future charges.

Federal Student Aid (Title IV) Refunds

A Federal Student Aid refund, also known as a Title IV refund, is a special type of refund regulated by the federal government. Title IV refunds are automatically processed within 14 days of the  disbursement of federal aid to your account, unless you give specific written authorization to hold the credit balance toward additional tuition and academic fees within the same loan period. To be eligible for a Title IV refund, your account must meet the following requirements.

  • The total amount of Title IV aid for a specific term is greater than the total tuition, mandatory academic fees, and any room and board charged by the University for the same term. Title IV aid includes Direct Subsidized loans, Direct Unsubsidized loans, Parent PLUS loans, Grad PLUS loans, Perkins loans, Pell grants, SEOG grants, and TEACH grants.
  • The Title IV aid has been disbursed to your account. Pending Title IV aid is not refundable.

This category applies most often to students in the graduate and Continuing and Professional Studies programs who borrow federal loans that exceed their charges for a given term. Full-time undergraduate students are rarely eligible for a Title IV refund.

For more information on Title IV refunds, see Refunds of Excess Federal Title IV Student Aid.

Refunds to Students Who Withdraw from the University

If you submit an official withdrawal form to DelVal, your account will be automatically reviewed for refund eligibility. To be eligible for a refund, your account must meet all of the following requirements.

  • All tuition, fees, residence hall, and meal plan charges are finalized in accordance with the University's tuition refund policies.
  • All financial aid awards are adjusted to comply with federal regulations and University policies.
  • After all required account adjustments, total credits on the account exceed total charges.
  • At least 10 business days have passed from the date of the most recent check or ACH payment, and no payments were returned by the bank.

To estimate the financial impact of withdrawing from the University, contact the Office of the Bursar and the Office of Financial Aid.