Financial Aid Refunds

Financial Aid and Graduate Aid Refund Checks will be mailed to students 7 days prior to the start of classes. Direct Deposits will settle 7 days prior to the start of classes. ALL checks will be mailed to the local mailing address as indicated in GOLD.

Direct Deposit of Refund Checks

All refunds resulting from financial aid funds (scholarships, grants, and loans) disbursed through BARC will be made via the electronic deposit of funds directly to a personal checking account using eRefund (also commonly know as Direct Deposit).

What is eRefund?

  • eRefund is the electronic deposit of funds directly into your personal checking account. eRefund bypasses the traditional creation and processing of a paper check, and thereby allows you to have ACCESS TO YOUR MONEY FASTER.

  • eRefund also provides a higher level of security, as paper checks are subject to mail delays, loss and theft.

  • eRefund may be used with a CHECKING ACCOUNT at any bank or credit union located in the United States.

How do I Enroll in eRefund?

It’s easy! You can now sign up online.

Sign up using MyBARC. Complete, step-by-step instructions can be found at: E-refund instructions.

Refund Schedule

On a regular basis during the quarter, refund disbursements for Financial Aid and Graduate Aid will settle in student checking accounts on Tuesdays and Fridays.

Credit on Account

If you would prefer to not receive a refund check, and instead leave the credit on your account, please contact our office at 893-3756.

Lost or Stolen Checks

If you have not received a refund check and you believe it has been lost or stolen, you will need to fill out a "Declaration of Lost Check (Stop Payment Form)." You may complete this form and mail or fax it to our office. Our fax number is (805) 893-8063. Our address is listed below.

Cashiers Office
1212 SAASB
University of California
Santa Barbara 93106-2003