2016-2017 Graduate Academic Catalog

Refunds of Credit Balances

Overpayment, scholarship credits, adjustments and financial aid payments may result in a credit balance on the student account. If an account indicates a credit balance, it will be refunded to the student. Federal Direct Stafford Loan and private loan payments resulting in a credit balance will be refunded within 10 - 14 days of the date the credit appears on the student account.

If a student on a payment plan with Tuition Management Systems (TMS) later receives financial aid that creates a credit on the student account, the student must cancel the TMS payment plan directly with TMS in order for the refund to be generated in a timely manner. Students enrolled in an active TMS plan will not have their credit balance refunded to them until the final payment for the plan is received by the University. Refunds generated by a TMS plan will be distributed to the payer of the TMS plan.

Lesley University students are enrolled in eRefunding with lesleychoice.afford.com.  When enrolled, an email from Lesleyrefunds@afford.com is sent to your Lesley email address prompting you to register your desired refund preference.  Preference options include prepaid VISA debit card and ACH which deposits your refund directly to your bank account.  After completing the enrollment process, you will receive an email confirming your preference.  Credit balances will be refunded to any credit card payment, if applicable.