Non-Financial Aid Overpayments
University of Illinois will hold for 30-45 days all credit balances resulting from non-financial aid overpayments. No later than 45 days after the overpayment, University of Illinois will refund via direct deposit* into the student's designated bank account, any remaining credit balance (overpayments will be automatically applied toward any new charges that are assessed during the 30-45 day hold period). Students who request an overpayment refund during the hold period must present official bank verification that the check used to make the overpayment has been honored.
*Overpayment refunds will be held indefinitely until the student enrolls in direct deposit.