Credit Balance Option Form
2016 Fall Term
Student Name (please print)
Student ID No. (found on statement)
Complete and return this form to let us know how you would like your credit balance disbursed.
Financial Aid refunds issued by check will be available on September 7, 2016*
Financial Aid refunds issued by direct deposit will be available to students as the refunds are processed
beginning September 1, 2016.
*Students registered for more than 5 credits will be charged an overload fee. This fee is $2,855.00 for a
full credit or pro-rated for a partial credit. The charge will be based on the student’s registration on the
last day to add a class, which is September 1, 2016 for the fall semester.
If the credit on your statement is a result of your Official Payments Payment Plan account, a refund will be given
when the semester contract has been completed.
You may wish to contact Official Payments at
payplan.officialpayments.com to adjust your contract.
If the credit on your statement is a result of your Texas Tomorrow Fund account, a refund will be given when the
funds have been received, after September 30, 2016.
Disbursement Options: (Check all that apply)
 I may be taking more than 5 credits. Please wait to issue a refund of the credit balance until after the
overload fee has been charged.
 E-Check (direct deposit) Sign up dor direct deposit of your refund on Webhopper using the Direct Deposit
Accounts Payable link. You will receive an email notification at the time of payment.

Please issue a refund to the address indicated below.
Mailing Address
______________________________________________________________________________________
City
State
Zip
 Please apply $
of credit to Bookstore Account. (You must indicate an amount.)
Bookstore credits may be used from August 24, 2016 until September 2, 2016.. You may use all or a portion
of your pending credit to purchase books at the Austin College Bookstore. When you choose this
disbursement option, the Business Office will provide the Bookstore with an authorization for the amount you
indicate above. Any unused portion of a bookstore credit will be refunded after bookstore accounts are
closed and balanced.. Please complete the box below indicating your preferred method of payment.

Echeck

Paper Check
Student’s Signature
Date
Return to: Austin College, 900 N Grand Ave, Ste 6F, Sherman, TX 75090