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How to Receive your Refund


 

Receive Refund   Client Contract Profile   Disbursement Schedule


Refund Preference

You decide how you will receive any financial aid that is due to you by selecting a “refund preference” at BankMobile.

You have two choices:

  • Deposit to an existing account

Money is transferred to your existing checking or savings account the same business day BankMobile receives funds from Solano Community College. Your bank may take 1–2 business days to make that money available to you. Most students choose this option.

  • Deposit to a BankMobile account

If you open an account with BankMobile (like the Vibe Checking Account) and your identity is verified, money is deposited the same business day BankMobile receives funds from Solano Community College.

If you do not choose a refund preference, a paper check will be mailed to the address on file with BankMobile after 21 days.

Note: Scheduled disbursement dates are shown your student portal. The actual day the funds are deposited into your account is 5–7 business days after that date.

Personal Activation Code

You will receive a green envelope in the mail with the personal activation code you will need to set up a login on the BankMobile site and select your refund preference.

You also have the option to request a personal code directly from a financial aid officer. You will need to have had your identity verified by a staff member first.

Issues with Card, Account or Password

If you are having trouble logging in to your BankMobile Disbursements account, you can reset your password. If you continue to have trouble or have other concerns about your card or account, contact BankMobile Disbursements by phone (1-877-327-9515).

Click to Reset Password   Contact Customer Care   Resolve Card Issues

Transfer from Another School

If you transferred to Solano Community College from a school that also uses BankMobile disbursements, your accounts cannot be merged. You will have to call Customer Care at 1-877-327-9515 to have a new profile created so that you can select a refund preference that works correctly for Solano. When creating your new profile, you must use a new email address—it cannot be the same one you used for the account from the other school.

Contact Customer Care

When Will BankMobile Deposit My Refund?

How do I know when I will get paid?

Check the disbursement calendar (or your student portal) to find the scheduled disbursement date. Different programs have different scheduled disbursement dates. This is the date that the financial aid office will determine your eligibility for disbursement. It takes the college 2–3 business days to request money from the government, credit your account, and determine the correct amount of your refund (if any). After that, funds are sent to BankMobile. 

Students with the BankMobile Vibe Checking Account will have funds available the same day BankMobile receives funding from our institution. Students who choose the direct deposit option will have the funds transferred to their bank the same day, too, but some banks will take another 1–2 business days to process your funds and make them available to you.

Most students get their refund in their bank account 5–7 business days after the scheduled disbursement date.

Financial Aid refunds will time-out if a refund preference has not been selected within 21 calendar days after the refund has been released by the college. Before a refund times-out BankMobile will send you an email with a reminder to select a refund preference.

After 21 days, BankMobile will mail a check to your primary address on file.  If you do not deposit or cash the check within 90 days, it will become void and your Financial Aid refund will be returned to the college. You may still have the opportunity to select a refund preference after your refund is returned to the college, however, you will have to notify the Financial Aid Office when you have made a refund selection, so that your refund may be reissued.