After your financial aid is used to pay eligible IU charges such as tuition, fees, and room and board, you’ll get a refund of any remaining money. (Refunds on Parent PLUS loans will be sent to your parent unless he or she chose the option to send refunds to you when applying for the loan.) You don’t need to request a refund—they’re processed automatically.
We usually send out refunds several days before the start of a term. Check One.IU to see if you’re due a refund.