Disburse refunds quickly and in compliance with all Title IV rules and Cash Handling regulations.
Maintain Compliance and Give Students Options with Nelnet Refunds
Students can choose to receive refunds through ACH, prepaid card, or paper check. Prompt refunds paired with text/email communication and authentication security, Nelnet Refunds creates a smart experience for everyone.See Refunds on Campus about Maintain Compliance and Give Students Options with Nelnet Refunds
Stay compliant with regulations surrounding refunds – and give students the flexibility they’ve come to expect. Plus, you can track the status of every refund and method selected.
Fast Payment Processing
Students won’t wait long to receive their refund – and our communication process with them helps encourage and increase ACH adoption.
Comprehensive Support for You
Our fully-staffed call center is available by phone or chat to help answer “where is my refund?”
Title IV Compliance
With multiple disbursement options for students to choose from, you’re not only providing more choices – you’re meeting Title IV compliance expectations.
Title IV compliance isn’t the only technical benefit – you’ll ensure payment security when delivering ACH refunds and keep student data safe with secure file transfer protocols.
Know Your Customer
With seamless integration from your ERP and dual factor authentication, Refunds helps ensure students are who they say they are.
Keeping Your ERP Up to Date
Response files can be provided to help ensure your ERP accurately reflects processed refunds.
Another Level of Security
We provide access to the refund file and the ability to make changes before it’s processed to ensure accuracy.
From distribution to deposit, Refunds gives students – and staff – the best experience possible.
Mobile Refund Alerts
Students receive a notification when their refund has been processed, and still have time to change their method from paper check to ACH.
Customizable Email Templates
Set up communications tailored to your students.
Quick, Secure Sign-Up Process
Students can enroll and choose their refund method in two easy steps.
Just like all of our solutions, Refunds comes with services that make your experience a success.
Receive support from friendly, experienced people no matter what.
Organize implementation with our proven, step-by-step process.
Security and Compliance
Protect every transaction with the highest levels of payment security.
Integrate our solutions with your current ERP and institutional partners.
This solution does a great job of allowing students to keep track of their refunds. They can go into the Nelnet system any time to find out the status of their refund.
Associate Bursar Cornell University
Case Studies Read about Cornell Implements Student Choice Refunds
Cornell chose to take a new approach to student refunds. This allowed them to implement a program that gives students the refund options they need.Read More about Cornell Implements Student Choice Refunds
In a webinar series, we discussed how higher ed leaders across the country have pivoted due to COVID-19. We talked with five leaders in business offices to get their views.Watch Webinar about Perspectives from the Business Office