
Butte College Refund Form


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People also ask
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How to calculate a refund?
Every year, your refund is calculated as the amount withheld for federal income tax, minus your total federal income tax for the year. A large portion of the money being withheld from each of your paychecks does not actually go toward federal income tax.
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What can you do with college refund money?
Your Financial Aid refund can be used towards any education-related item listed in the cost of attendance such as such as books, transportation, housing, food, and miscellaneous expenses. This also means you are solely responsible for budgeting this refund throughout the semester.
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Do college refunds count as income?
If your son received a refund for scholarship or grant overpayment, and the refund was not required to be returned to the scholarship or grant provider, then the refund is considered taxable income and must be reported on your tax return.
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What is the phone number for Butte financial aid office?
Please visit the Financial Aid web pages to learn more about applying for and receiving financial aid, or contact the Financial Aid office at (530) 895-2311.
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How to calculate college refund?
Add tuition and fees and book allowance then Subtract tuition from the disbursed amount to get an estimated amount of your refund. disbursement: If you have a balance, subtract it from the disbursed amount to get an estimated amount of your refund.
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How much do you get back on financial aid?
Average and maximum financial aid Type of AidAverage AmountMaximum Amount (2024-25) Federal Supplemental Educational Opportunity Grant $670 $4,000 Total Federal Student Aid $13,120 (dependent) $14,950 (independent) $20,895 to $22,895 (dependent) $24,895 to $27,895 (independent) Total Federal Grants $4,980 $11,3953 more rows
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How do college refunds work?
Why did my college send me a check? A refund check is money that is directly deposited to you by your college. It is the excess money left over from your financial aid award after your tuition and additional fees have been paid. Your college may send you a check or the money may be deposited into your checking account.
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How long does BankMobile take to release funds?
1) Deposit to an existing account - Money is transferred to an existing account the same business day BankMobile Disbursements receives funds from your school. Typically, it takes 1-2 business days for the receiving bank to credit the money to your account.
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