Disbursements and Refunds

Disbursement Schedule

The dates on which loan and scholarship funds will be posted to your student account are listed below. Please note that if you complete your financial aid application after the deadline date, delay your loan acceptance decision, or do not return your completed promissory notes in a timely manner, the actual disbursement dates for your funds may be later than these dates.


Year 1
MD '16
Year 2
MD '15
Year 3
MD '14
Year 4
MD '13

Fall Semester

Federal Stafford Loans 8/13/2012 8/20/2012 7/01/2012 7/01/2012
Brown Loans 8/13/2012 8/20/2012 7/01/2012 7/01/2012
Brown Scholarships 8/13/2012 8/20/2012 7/01/2012 7/01/2012

Spring Semester

Federal Stafford Loans 1/3/2013 1/3/2013 11/19/2012 11/19/2012
Brown Loans 1/3/2013 1/3/2013 11/19/2012 11/19/2012
Brown Scholarships 1/3/2013 1/3/2013 11/19/2012 11/19/2012

Refund Process

Once funding has been credited to your Bursar student account and all Brown charges have been paid for the semester, your account may reflect a credit balance. Credit balances are intended to cover part or all of living expenses for a given semester. The amount of your credit balance will depend upon the aid amounts that you have accepted.

Students now have the capability to get their refunds electronically!  By requesting a refund via our new online Refund Request Form, and setting up the request to receive the refund in a US checking or saving account at payment.brown.edu, students will receive refunds in a quick, convenient manner.  Students should receive the refund in their account 3-5 days from the date the request form is submitted.

 

This process will reduce the amount of paper checks the University prints, and assist students in receiving their refunds in a quicker time period.  We are excited about this change and hope all students take advantage of this convenient process!