What is eRefund and how do I enroll in eRefund?

eRefund allows you to receive a refund due to you as a direct deposit into your U.S. checking or savings bank account. It is the fastest and most convenient way to receive your student refund. 

To enroll in eRefund follow these steps: 
1.    Login to your Student Home Base in LionPATH
2.    Click on "My Finances" on top of the page
3.    Select "Manage My Account/Make A Payment" to get to the billing and payment portal
4.    Navigate to the eRefunds tab.
5.    Enter and confirm your U.S. bank account information (routing and account number).
6.    Agree to the Terms and Conditions and Privacy Policy and click "Submit". Once enrollment is complete, future eligible refunds will be sent to the enrolled bank account. 
 

After an eRefund has been generated by Penn State to your financial institution, the process may take up to 3-5 business days before it will appear as a credit in your account. Please refer to your financial institution's policy concerning the availability of these funds.

Beginning summer 2026, Authorized Users will be able to enroll in eRefund to receive refunds from excess Direct Parent PLUS Loans funds only. The authorized user must also be the loan’s borrower. To enroll, please follow the steps below:
1.    Log in to the student account at Penn State's online bill payment for parent/authorized user log in page.
2.    Navigate to the eRefunds tab.
3.    Enter the last 4 digits of your SSN and zip code as indicated on the PLUS Loan application.
4.    Enter and confirm your U.S. bank account information (routing and account number).
5.    Agree to the Terms and Conditions and Privacy Policy and click "Submit". Once enrollment is complete, future eligible refunds will be sent to the enrolled bank account. 

If not enrolled in eRefund as an Authorized User, the parent borrower will receive a refund check sent by mail to their address as indicated on the loan application.

Please note: eRefund for Authorized Users is for Parent PLUS Loan disbursements only and will not be used for refunds of student account credit balances.

Refer to the AI-assisted video on how to enroll in eRefund available on the Refund Policy page.