You can select how to receive refunds from MCC, whether due to out-of-pocket payments,
or from excess financial aid. Choose from eRefund (direct deposit) or paper checks.
Note: If you do not select a refund method, you will automatically receive a paper
check for any refunds issued to you, so keep your address up to date.
Understanding Your Refund
MCC partners with Nelnet to process refunds, offering electronic deposit (ACH) and
paper checks.
When Are Refunds Issued?
Financial Aid refunds are typically available in October for Fall semester, and March
for Spring semester, after you go through the normal attendance verification process.
If you are taking any late start or varied length classes, this may delay refund processing,
or your overall refund may be broken into multiple payments.
If you pay your bill out of pocket and drop yourself from classes, please let us know
so we can process your refund sooner. You will be refunded an amount in accordance
with theTuition Refund Schedule. If you pay online with a credit card, your card will typically be refunded instead
of getting a paper check or direct deposit.
Paper Checks
MCC partners with Nelnet to process refunds, offering electronic deposit (ACH) and
paper checks.
If you elect to receive payment via paper check, please allow and additional 5 to
7 business days for delivery after processing.
Make sure you keep your address up to date to prevent delays in receiving your funds,
or from checks possibly being stolen.
eRefunds
eRefund is a way to have refunds deposited directly into your checking or savings
account instead of waiting for a paper check in the mail. A prepaid debit card that
includes banking information can also be used.
Why Enroll in eRefund?
Convenience: You’ll get an email as soon as your refund has been processed, and you
will have access to funds sooner! Funds are available in 2 to 3 business days (varies
by bank) instead of up to 10 days for a paper check to arrive in the mail.
Security: Direct deposit eliminates the possibility that your check will be lost in
the mail or stolen. And you won’t have your check returned to us as “undeliverable”
if there’s a problem with your address.
Options: Choose to have refunds deposited directly into a checking or savings account,
belonging to you or your parents (or anyone, really!). Prepaid debit cards with banking
information can also be used.
Click on Manage Refunds and you will be directed to set up your bank account information.
You will see a "Direct deposit enrollment receipt" once you complete your enrollment.
This is your enrollment confirmation and is effective within twenty four (24) hours.
eRefund FAQs
A prepaid debit card can be used if banking information is supplied. The 16 digit
card number on the front cannot be used to set up the direct deposit.
You can update your direct deposit information anytime through your myMCC account.
(Changes will take place within 24 hours.)
Yes. We use a secured encrypted connection to process your eRefund and your account
information is not accessible by anyone but you. You will receive an email confirming
any changes made to your banking profile.
Your eRefund enrollment will continue until you deactivate it. However, if you have
not received a refund electronically in more than a semester, you should verify your
bank information.
If your eRefund is not able to be deposited into the account you listed, your eRefund
enrollment will be deactivated, and a paper check will be mailed within a few business
days. Make sure your address is always up to date. You can always enroll in eRefund
again if this happens.
