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Regulations of the Board of Regents of the University System of Georgia provide for tuition and mandatory fee refunds when formal withdrawal from the institution is approved within a designated period following registration.
The refund percentage that a student receives is a calculation of the time remaining in the semester up through 60% of the semester. Once 60% of the semester has expired, there is no refund for a withdrawal from the institution. The refund calculation is based on days enrolled in the semester divided by the number of calendar days in the semester including weekends and holidays, but excluding breaks of five(5) or more consecutive days.
A refund of all semester tuition and other mandatory fees is made in the event of death of a student any time during an academic semester. (BR Minutes, 1979-80, p. 61; 1986-87. pp. 24-25; 1995, 6. 246).
Refunds are not made for a reduction in class load after the first day of classes.
BankMobile Disbursements Information
Fort Valley State University has partnered with BankMobile Disbursements to manage student and parent refund disbursements. Students can either have funds deposited to an existing checking or savings account, or have funds deposited electronically to a BankMobile Vibe account. Funds deposited to a BankMobile Vibe account are accessed with a Vibe Mastercard branded debit card.
Parents receiving refunds from parent plus loans will receive a check at the address provided on the parent loan application. Once the check is received, parents have the option of either cashing the check, or having the funds assigned to the refund preference associated with their student account.
BankMobile Disbursements website: www.RefundSelection.com
BankMobile Customer Service Phone: 1-877-327-9515
BankMobile Customer Service Fax: 1-866-309-7443