Students Refunds

College refunds are processed within 14 days after federal financial aid disbursements are posted in the student’s ledger, or when any additional payments post to a student account that creates an over-payment, shown as a credit balance. Awarded financial aid, credits or student loans do not post to each student account at the same time; so, refunds (if applicable) are processed throughout the semester based on the 14th day rule. This is a federal requirement by the Department of Education. Refund processing excludes accounts that have withdrawal-from-class activity or enrollment changes, including no-shows. All refunds resulting from federal aid-related credit balances may be delivered via PrinBill eRefunds (serviced by TouchNet). If you think you are an eRefund candidate, please ensure you select a refund preference via the REFUND tab in PrinBill.

Most financial aid disbursements, refunds from cash and check payments, disbursements or refunds from older semesters and other miscellaneous refunds are disbursed to students following Principia College’s rebate/refund policies.The Cashier’s Office will refund a credit balance on a student’s account after the bill is satisfied. 

All DOMESTIC students are being asked to set up a new direct deposit (ACH) refund profile in the PrinBill eRefunds system.

Questons about eRefunds? Read: What are eRefunds?