Refunds Received by Check
Refunds can be returned by sending the refund check back to our Credit Balance Team:
Strategic Education Inc.
2303 Dulles Station Blvd. M/S 6B
Herndon, VA 20171
Attn: Credit Balance Team
Include a signed request stating that the check will be paid back to the principal portion of your loan balance.
Refunds Received by Direct Deposit
Refunds sent by direct deposit can be returned within the first 14 days by taking the following steps:
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Send a written request to FAST@Capella.edu asking us to return the refund amount toward the principal portion of your loan. This will create a balance on your Capella account.
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Once the balance has been created on your account, you make an out-of-pocket payment on the balance on your Capella account using the funding you have received.
After 14 days, you can return all or part of your refund by making a principal payment directly with your loan servicer.
Reducing Financial Aid Offers for Future Terms
You can use your Financial Aid Portal to reduce future pending financial aid offers. Requests will be fulfilled provided they fit within your loan limits and Cost of Attendance.