If you meet the eligibility requirements for a financial aid disbursement, you may qualify for a refund. A credit balance (a refund) may occur after your allowable charges—such as tuition, fees, and potentially book charges—have been paid. You must have a credit balance to be eligible for a refund.
If you are an undergraduate student and have requested a Direct PLUS Loan, any credit balance or refund of those funds will be delivered to your parent unless they authorize you to receive it.
If you qualify for a refund, it will be delivered to you. You can choose how to receive your refund from the options below.
Direct Deposit is the quickest and most convenient way to receive your refund. Funds are transferred directly into your bank account of choice. You are not required to open or obtain a financial account through a specific financial institution.
To sign up for direct deposit or to confirm that you are signed up:
Students that have signed up for Direct Deposit on myUVU can expect to see their credit balance/refund deposited into their bank account within 2-3 business days once the refund (REF) transaction is entered on their student account.
If you select your UVU PlusCard financial account to receive your Direct Deposit, the major features, terms, and commonly assessed fees for the UVU PlusCard account are listed at the bottom of this page.
If you would like to receive your refund by paper check, it will be delivered by mail, which typically takes 7-10 business days.
To receive your refund by paper check:
You can update your local address and direct deposit information at any time.
You can change your preferred refund payment option at any time by following the process listed above as long as your request is received within a reasonable time before your refund is processed. For questions related to signing up for Direct Deposit or Paper Check refund options, please contact the Bursar’s Office at [email protected].
If you do not affirmatively make a selection choice, your refund will be issued via paper check mailed to your local address or other address on file.
Utah Valley University has an agreement (known as a Tier 2 Agreement under federal regulations) with Utah Community Credit Union (UCCU), which allows UCCU to offer the UVU PlusCard checking account to students.
As stated above, you are not required to open or obtain a financial account through UCCU or any other specific financial institution to receive your refund. Federal regulations require UVU notify you of the major features and commonly assessed fees of the UVU PlusCard account, which are listed below.