You use the Refund with Extra Amount page to create a refund for more than the refundable balance or in the absence of a refundable balance. For example, you can disburse anticipated aid to a student before the actual receipt of funds. The refund becomes a charge on the student’s account that is later credited when your institution actually receives the financial aid.
Note that you cannot use the Refund with Extra Amount page to create a refund for an organization.
In this topic, you will create a refund with an extra amount for an individual student.
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