Students who borrow additional loan funds for living expenses will receive quarterly refunds to cover expenses such as housing, food, transportation, books, supplies, and personal expenses. Students are obligated to budget funds appropriately to cover personal expenses monthly. 

Through our comprehensive "Sensible Strategies" program, Student Financial Services provides a variety of resources to assist students with important money management skills; these include budgeting, credit cards, managing your credit, money management for couples, and our innovative financial literacy tools. Go to the Financial Services Sensible Strategies webpage for information on programs, events, and helpful resources.

Direct deposit for refunds is highly recommended. Students without direct deposit will be issued a paper refund check mailed to the address on file. 

MWU will not be held responsible for any bank fees or charges that result due to insufficient funds in a student's bank account. MWU is also not responsible for late charges on any past due bills a student may incur. It is the student's responsibility to ensure the deposited funds have cleared the bank.

Direct deposit or refund checks made in error to the student must immediately be returned in full to MWU.