Direct deposit refunds for currently enrolled students are processed weeknights and should be in your bank account within two to three business days, typically sooner depending on the bank. Verify that the refund is available in your account before spending the funds.
No refunds are processed on June 30 for year-end close.
Refunds resulting from credit card payments are returned weekly to the credit card company. The 2.75 percent service fee assessed by NelNet Business Solutions is nonrefundable.