Financial Aid Refunds

What's Changing this Fall

What's Changing this Fall

Olympic College is implementing changes to how Financial Aid refunds are disbursed beginning Fall 2025.

What's Changing Fall 2025

New Bookstore Credit

  • Eligible students will automatically receive a credit each quarter to purchase textbooks and course materials at the OC Bookstore online or in-person.
  • Available if your expected anticipated aid exceeds tuition and fees.
  • Valid for use during the first two weeks of each quarter.
  • Charges apply to your student account and will be covered by financial aid when disbursed.
  • If you do not attend or withdraw from all classes, you may be required to repay the charges.

Delayed Refunds Based on Final Enrollment

Excess financial aid refunds will no longer be disbursed the first week of the quarter and will now be issued after the add/drop period (10th class day of the quarter) to reflect your confirmed course schedule and comply with federal regulations. 

Refund eligibility requires:

  • Financial aid to be fully disbursed.
  • No outstanding student account balance.
  • A refund method set up in BankMobile.

Three Easy Steps

Student at Cmputer
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1Set up BankMobile Refund Option

When your aid disburses, any excess financial aid funds will be sent through BankMobile. Make sure to enter your refund preferences (direct deposit, BankMobile Vibe, or check) ahead of time so you get your refund fast and secure.

Bookstore
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2Use bookstore credit during the first two weeks

Eligible students will automatically receive a credit amount based on the number of credits you are enrolled in. Visit the OC Bookstore early to pick up your materials and let your aid cover the cost.

Female student with tablet.
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3Keep an eye on your OC student email

This is where we’ll send all Fall 2025 updates about your aid disbursement, bookstore credit, refunds, and anything you need to know. 

FAQ