2024-2025 Capital Seminary & Graduate School Catalog

Credit on Account

A credit on account occurs when a student overpays or receives more financial aid than needed to cover the charges on their account. When the credit results from federal financial aid, the college is required by law to return the money to the student, unless the student authorizes the college, in writing, to hold the credit balance. The student may cancel the authorization to hold the money at any time or request a refund from the Solution Center of the credit on account.