First disbursement date of each term
Refunds will be processed seven to 10 days following the disbursement of loans. Learn
more about disbursements and refunds including estimated dates for each program.
Weekly processing
If adjustments are made to a student's tuition charges or financial aid amounts that
result in a refund after the start of a term, a living expense refund may be issued.
Refund checks or direct deposits will be produced every Tuesday. Cutoff time for processing
refunds is the close of business Monday.
Banking or school holidays
Refunds will be processed the next business day.
Philadelphia campus is closed
If PCOM's Philadelphia location is closed, refunds will be processed on the next business
day that the campus reopens.