Disbursements and Refunds

You are charged for tuition and fees each term. Therefore your student loans and other aid will be divided into equal disbursements equal to the number of terms you are enrolled for the academic year.

Your loans will electronically pay toward your PCOM charges on the first date of enrollment at the beginning of each term. If you borrow more funds than tuition/fees, the PCOM Bursar's Office will then release the remaining "living expense refund" funds to you 7-10 days after your first date of enrollment for the term. After PCOM processes your refund, allow 1-3 additional business days for your bank to deposit the funds into your bank account. If you are not signed up for direct deposit through the PCOM Bursar's Office, please allow 3-5 business days for your refund check to arrive via postal mail.

Vacation months do not count as a class or rotation for financial aid refund purposes. For example, if a third- or fourth-year DO student takes a vacation period at the beginning of a term, this will likely result in their disbursement and refund dates being pushed back to later in the term.

Individual students' disbursement and refund dates can vary by programs, years, and individual student enrollment.


Signing up for Direct Deposit

Our office highly recommends signing up for direct deposit through the PCOM Bursar's Office so your refund funds are paid directly to your bank account each term. Direct deposit is generally faster and more secure than receiving a paper check via postal mail.

  1. Print out the Bursar Office's Direct Deposit Form (see below).
  2. Complete the form.
  3. Return the completed form to the PCOM Bursar's Office (BursarOffice@pcom.edu) via your PCOM email, faxed to 215-871-6106 or bring it to their office (second floor, Rowland Hall).
  4. You will also need to scan or bring in a voided check or bank statement so the Bursar's Office can verify your routing and account numbers.

Bursar's Office Direct Deposit Form (PDF)
VIEW PDF 

2017-2018: Estimated Disbursement and Refund Schedule

PROGRAM SUMMER (if applicable) FALL WINTER SPRING
  Disb.
Date
Approx.
Refund Date
Disb. 
Date
Approx.
Refund Date
Disb. 
Date
Approx.
Refund Date
Disb. 
Date
Approx.
Refund Date
 
1st- and 2nd-year DO;
1st-year Physician Assistant;
1st-, 2nd- and 3rd-year Pharmacy;
Most graduate & certificate programs
Jun 3 Jun 14 Aug 14 Aug 23 Nov 20 Nov 29 Mar 5 Mar 14
 
3rd- and 4th-year DO Jun 5 Jun 14 Aug 28 Sep 6 Nov 20 Nov 29 Feb 26 Mar 7
 
2nd-year Physician Assistant Jun 5 Jun 14 Aug 14 Aug 23 Nov 6 Nov 15 Feb 12 Feb 21
 
3rd-year Physician Assistant May 8 May 17            
 
4th-year Pharmacy Jun 5 Jun 16 Sep 4 Sep 13 Nov 13 Nov 22 Feb 12 Feb 21

Individual students’ disbursement and refund dates can vary by programs, years, and individual student enrollment.