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Credit Balances
When there are credit balances on student accounts due to
overpayment of University charges, students may request a refund of the
balance. Credit balances on accounts of fellowship students will be verified by
the GSAS Office of Financial Aid. Fellowships are adjusted to reflect actual
correct registration and also if students have waived medical insurance from Columbia University. Refunds of Title IV funds
may be used only for educationally related expenses such as books and living
costs. Refunds may be requested at the University’s Student Financial Services
Desk at 210 Kent
Hall, or at its Web site at http://www.columbia.edu/cu/students/.
Refunds may be issued as paper checks mailed to the local address on record or
as direct deposits. Please contact Student Financial Services to file a Direct
Deposit Authorization or visit the SFS Web site above for more information.
Debit Balances
If there is a debit balance after calculation of all
anticipated charges and payments, students should make payments for the
balances by the appropriate deadline (last week in August for fall term and
second week in January for spring term). Payments can be made in person at the
Cashier’s Window in 210 Kent
Hall or mailed to Columbia
University, P.O. Box 19007, Newark,
NJ 07195-9007.
After the payment due date is past, a one-time late payment charge ($150) and
late payment fees (1% per month) may be assessed on the unpaid balance.
Fellowships and loan proceeds are credited to student accounts following the
registration period. Late payment charges or late fees may be assessed on
remaining charges not covered by fellowship or financial aid.
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