If you are owed money from NYIT for overpayment on a bill, if a class is cancelled, or for any other reason, you have the option of receiving direct deposit to an existing checking or savings account (United States bank only), a refund check or a debit card.
To choose the refund disbursement method you wish, or to learn more about Higher One refund services, please visit: https://mynyitcard.higheroneaccount.com/
If you think you are due a refund, you must fill out a Refund Request Form (PDF). Your refund will not be generated automatically. Download and print the Refund Request Form (PDF), which you must fill out completely and return by mail, fax, or in person to one of the Office of the Bursar locations.
Federal regulations permit students to authorize use of Federal Title IV financial aid funds for non-institutional expenses such as tuition refund insurance. Download and print the Authorization Form (PDF), which you must fill out completely and return by mail, fax, or in person to the Office of the Bursar.
Important Note: If the total amount of Federal Student Aid — such as Pell Grant, SEOG, Direct Loans (Subsidized and Unsubsidized), Graduate PLUS, PLUS (parents), and Perkins loans — credited to a student’s account exceeds allowable charges, a refund will be automatically generated within 14 days in compliance with federal regulations. A credit balance due to a Parent PLUS Loan must be refunded to the parent borrower.
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