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Refunds
How to Request a Refund
Delgado Community College utilizes BankMobile Disbursements, a technology solution, powered by BMTX, Inc. to provide students with options for receiving refunds. Visit this link for more information: https://bankmobiledisbursements.com/refundchoicessso/.
Simply follow these steps to make your refund preference selection:
- Log in to you LoLA (Delgado’s online student portal) account
- Go to the STUDENT Tab and then to the ACADEMIC LINKS section. Under DELGADO COMMUNITY COLLEGE, click on SELECT REFUND CHOICE.
- Select how you want your refund delivered.
Please note that credit card payments will be refunded back to the initial credit card used.
Additional Refund Topics
2022 - 2023 Refund Schedule
Financial Aid disbursements begin 14 days after the semester/session’s census date. The Census date is the official 14th class day for the Spring & Fall Semesters and the 7th class day for the Summer Session. Once funds credit to your account, Delgado must request the funds from the Department of Education to pay a Pell Grant, FSEOG, or Direct Loan. This multi-day process can be impacted by weekends and holidays. After the above dates, once your account shows a credit balance, you can expect to receive your refund approximately 14 days from the date the credit posted.
Delgado Community College will make every effort to stick to the published schedule below; however, there may be unexpected delays in processing refunds. When this occurs, this web page will be updated immediately with additional instructions.
If your credit posts to your LoLA (Delgado’s online student portal) by this date | Funds will be delivered to BMTX, Inc. on this date |
Monday, February 6, 2023 |
Friday, February 10, 2023 |
Wednesday, February 15, 2023 |
Friday, February 24, 2023 |
Tuesday, February 28, 2023 |
Friday, March 3, 2023 |
Wednesday, March 8, 2023 |
Wednesday, March 15, 2023 |
Wednesday, March 22, 2023 |
Wednesday, March 29, 2023 |
Tuesday, April 4, 2023 |
Wednesday, April 12, 2023 |
Wednesday, April 19, 2023 |
Wednesday, April 26, 2023 |
Wednesday, May 3, 2023 |
Wednesday, May 10, 2023 |
Wednesday, May 17, 2023 |
Wednesday, May 24, 2023 |
Tuesday, May 30, 2023 |
Wednesday, June 7, 2023 |
Tuesday, June 13, 2023 |
Wednesday, June 21, 2023 |
If your credit posts to your LoLA (Delgado’s online student portal) by this date | Funds will be delivered to BMTX, Inc. on this date |
Wednesday, August 31, 2022 |
Thursday, September 8, 2022 |
Wednesday, September 14, 2022 |
Wednesday, September 21, 2022 |
Wednesday, September 28, 2022 |
Wednesday, October 5, 2022 |
Monday, October 10, 2022 |
Friday, October 14, 2022 |
Friday, October 21, 2022 |
Friday, October 28, 2022 |
Friday, November 4, 2022 |
Friday, November 11, 2022 |
Wednesday, November 16, 2022 |
Wednesday, November 23, 2022 |
Thursday, December 1, 2022 |
Wednesday, December 7, 2022 |
Friday, December 16, 2022 |
Wednesday, December 21, 2022 |
Monday, January 9, 2023 |
Friday, January 13, 2023 |
Friday, January 20, 2023 |
Friday, January 27, 2023 |
If your credit posts to your LoLA (Delgado’s online student portal) by this date | Funds will be delivered to BMTX, Inc. on this date |
Wednesday, June 15, 2022 |
Wednesday, June 22, 2022 |
Monday, June 27, 2022 |
Thursday, June 30, 2022 |
Wednesday, July 6, 2022 |
Tuesday, July 12, 2022 |
Tuesday, July 19, 2022 |
Tuesday, July 26, 2022 |
Thursday, July 28, 2022 |
Wednesday, August 3, 2022 |
Wednesday, August 10, 2022 |
Wednesday, August 17, 2022 |
Monday, August 22, 2022 |
Thursday, August 25, 2022 |
In an effort to protect students and ensure their best interest, the new Cash Management Rule from the Department of Education (ED) requires disclosure by institutions with Tier 1 or Tier 2 relationships of certain key information about the financial accounts offered to their students.
Tier One (T1) arrangements are those between an institution and a third-party servicer where the servicer "performs one or more of the functions associated with processing direct payments of Title IV funds on behalf of the institution" and offers one or more financial accounts under the arrangement, or markets an account to students itself or through another entity. Tier Two (T2) arrangements are defined as those between an institution and a bank under which accounts are offered and marketed directly to students.
To view our third-party servicer contract for refund management, click here.