eRefunds are processed Monday through Friday (excluding holidays), and post as a credit to the bank account within 1-3 business days. Please refer to your financial institution’s policy concerning the availability of these funds.
eRefunds can only be deposited into a checking or savings account held at a United States bank. (UW-Madison is unable to send funds to foreign bank accounts).
eRefunds are only available for students. Parent PLUS loan refunds are a check mailed to the parent.
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