Refund and Cash Advance Policy
Students with credit balances resulting from excess financial aid funds, tuition adjustments, etc., will have a refund processed within 14 days from the date the actual credit balance appears on their account.
Advance of your refund: An advance is a partial refund given to help students meet their short-term financial needs. The request must be completed in person at the Center for Student Services. The advance will be processed after the term begins.
Book Advance: Marymount Manhattan College is required per federal regulations to provide an advance by the seventh day of classes to assist students with payment for books and supplies. The Book Advance is automatically provided to students who will have a credit balance from their federal student aid funds after all disbursements are received and posted.
MMC offers students the ability to have their refund electronically credited to their designated bank account through E refunds. To begin the process, follow the steps below.
- Log onto MMC Connect
- Under the ‘Financial Information’ section, select ‘Bank Information (U.S.)’ and follow the on-screen instructions.
- Once you complete the online registration, a confirmation email will be sent to your MMC email address.
Students not enrolled in electronic refunds will have their refund check mailed to the permanent home address on file. Students may request to apply their credit balance to future semester charges within the same academic period by completing the appropriate authorization form at the Center for Student Services.
Credit balances resulting from the disbursement of Parent Plus Loans will be refunded to the borrower if the loan is greater than the student’s institutional charges. If the parent would like the refund payable to the student, written authorization from the parent borrowing the loan must be submitted to the Center for Student Services.