Financial Aid Refunds

Students who have excess financial aid after their bills are paid in full at the College will receive a refund check. All aid must be completed and in place in order for a check to be issued to the student.

If aid is finalized after the required date listed by the Financial Aid Office, there may be a delay in the issue of your refund. No funds are sent to the school until all necessary steps are completed by the student. Refund checks are only issued on Fridays.

Students can sign up to receive their refund checks by direct deposit. If students do not use direct deposit, checks will be mailed on the refund check date.

Title IV Policy

Presentation College is required to provide students with details of all refund policies applicable to the school as well as information on the Title IV program requirements for the treatment of Title IV funds when a student withdraws.

Contact the Financial Aid Department at 605-229-8429 if you have any questions and a financial aid counselor will be happy to help you.

Refund Policy for Minnesota Program

lf a student is receiving a Minnesota State Grant, Minnesota Child Care Grant, or Supplemental Education Loan Funds (SELF) the calculations are processed under the Minnesota Higher Education Services Office refund policy. Presentation College utilizes the Refund Calculation Worksheet provided by the Minnesota Office of Higher Education in calculating any return of funds.