If your financial aid exceeds the amount due on your student account, it is considered a refund. You can request a refund on the first day of classes. Refunds are typically used to cover living expenses and other educational costs.
Follow these steps:
- Verify that you are eligible for a refund: Use CAESAR to check your account (CAESAR > For Students > Financial Services > View My Account). You must have a credit in your Account Balance (not Anticipated Aid) to be eligible for a refund.
- Set up direct deposit: Use CAESAR (CAESAR > For Students > Financial Services > Setup Direct Deposit). If you do not set up direct deposit, a refund check mailed one of your active addresses in CAESAR.
- Request a refund each term: Use CAESAR (CAESAR > For Students > Financial Services > Request a Refund) to specify the refund amount (if different from your balance) and select a refund format (mail or direct deposit).
- Receive your excess funds: When your refund has been processed, you will receive a generic email notification at your Northwestern email address.