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Refunds and Adjustments

Refunds for Overpayment

If the total amount of financial aid a student receives in each semester from all grants and loans exceeds the student's unpaid charges, the student will receive a refund check.

Refunds for the semester are mailed on a Tuesday, or you can take advantage of our Direct Deposit option. The earliest dates refunds will be available for each semester are as follows:

Refund Dates (2024-2025)
SemesterDate
Summer 2024July 16, 2024
Fall 2024October 15, 2024
Spring 2024March 4, 2025
Summer 2025July 22, 2025
Funds (loans, scholarships, grants) credited AFTER the
above semester date, are typically refunded by the
following Tuesday.

 

Refunds After Dropping Class

Students who drop a course before the first day the class begins for which she/he is enrolled will receive a 100 percent refund of tuition and fees. The student must submit the Schedule Change Form to the Records Office, located in Berks Hall, Room 107 or the student can withdraw from class in Self-Service.

Once the day of class begins, students who drop a course before 10 percent of the time has elapsed between the starting and ending date of the course will receive a 95 percent refund of tuition and fees.

Students who drop a course before 20 percent of the time has elapsed between the starting and ending date of the course will receive a 50 percent refund of tuition and fees.

There will be no refund for any course dropped after the 20 percent date has lapsed.

Curious about financial aid refund dates for the spring semester? 

  • Check out this flyer for all the details - PDF PDF

Direct Deposit for Refunds

Students can sign up to have their financial aid refund deposited automatically into their checking or savings account. Log into myRACC, click on "Self-Service" and select the box labeled "Banking Information".

Bank information must be received in a timely manner to allow sufficient time to prenote your account prior to the expected release of your refund.

More details on direct deposit are available by calling 610-607-6235 or stopping by Berks Hall, Room 107.

Term Adjustments

Term Adjustment: Reversal of Tuition Charges - PDF PDF

Term adjustments (refunds of tuition and fees, contingent on approval) are available to students with extenuating circumstances. The request should include documentation supporting your request and a cover letter explaining the issue. Any request not received timely may result in a denial.

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READING AREA

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Reading PA 19602

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Copyright © Reading Area Community College

10 South Second Street, Reading, PA 19602 610-372-4721

Accredited by the Middle States Commission
on Higher Education


1007 North Orange Street, 4th Floor, MB #166, Wilmington, DE 19801