It is common to see your award fully processed by the end of the fourth week of classes. However, the disbursement process is complex, and Capella cannot guarantee you will receive funds on a specific date and time. One step you can take to help speed up receiving any refund is to set up direct deposit.

Typically, the financial aid disbursement process begins late in the third week of each quarter (if you are in FlexPath, please see Financial aid for FlexPath for specific information). You will receive a notification once we confirm your aid has disbursed to your billing account.

If you have aid remaining after your term charges have been paid, then a financial aid credit balance (a refund check) will be processed within 7 calendar days. It will be sent to you via two possible methods.