Refund Information | Southern University Shreveport Louisiana Financial Aid Banner9 Login Summer Financial Aid FASFA Simplification Student Loan Default Prevention Net Price Calculator Policy and Procedures Resources Satisfactory Academic Progress (SAP) Secure Upload Form Scholarships Student Helpdesk Ticket Types of Financial Aid dropdown Federal Supplemental Educational Opportunity Grant (SEOG) Federal Direct PLUS Loans Federal Pell Grant Federal Stafford Loans Louisiana National Guard Program Work Study Workforce Innovation & Opportunity Act State Programs dropdown Louisiana TOPS Program Louisiana Go Grant Chafee Educational and Training Voucher (ETV) Program Completers Grant MJ Foster Promise Contact Information Financial Aid Banner9 Login Summer Financial Aid FASFA Simplification Student Loan Default Prevention Net Price Calculator Policy and Procedures Resources Satisfactory Academic Progress (SAP) Secure Upload Form Scholarships Student Helpdesk Ticket Types of Financial Aid dropdown Federal Supplemental Educational Opportunity Grant (SEOG) Federal Direct PLUS Loans Federal Pell Grant Federal Stafford Loans Louisiana National Guard Program Work Study Workforce Innovation & Opportunity Act State Programs dropdown Louisiana TOPS Program Louisiana Go Grant Chafee Educational and Training Voucher (ETV) Program Completers Grant MJ Foster Promise Contact Information Refund Information Financial Aid Refunds Financial Aid Refunds are credited to your account Once All of your aid has been posted after the Census Date , The negative amount due is the amount you will receive back as a refund within 7-9 days. Please access your student banner account and view your fee sheet/account summary. Once the amount due goes from a negative number to a zero balance, you will see Manual Refund on the Student Account Summary page. After your account is zero out, it will be posted to your selected refund preference with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. To view our third-party servicer contract for refund management, click here More information about your financial aid refund is listed here: Refund Policy Refund for Dropping a Class Students who drop a course or multiple courses – but remain in at least one semester credit hour – are entitled to a 100 percent refund for those classes dropped by the Census Day of the session. Students who drop classes after the Census Day are not eligible to receive a refund and retain full financial obligation for their classes. The Academic Calendar provides the Census Day for each session. Refund for Dropping All Classes (Complete Withdrawal from the University) Students who drop all courses or withdraw from the University by the Census date published in the Academic Calendar are entitled to 100% refund. Students who drop classes after the census date are not eligible to receive a refund and retain full financial obligation for their classes. Students should not assume that they will be automatically dropped from their courses for non-payment. Students are solely responsible for ensuring that they have successfully dropped their courses in order to avoid additional fee charges to their accounts. Students receiving Financial Aid should check with their financial aid counselor before dropping classes as the Financial Aid Office may need to adjust their financial aid award. This website uses cookies to ensure site visitors get the best experience on our website. By continuing to use this site, you accept our use of cookies and Privacy Statement. To find out more, please visit Southern University's Privacy Statement I agree