After all SCAD charges have been paid, any credit in excess of charges may be refunded. Credit balances created by Federal Title IV aid programs are available for refund to students the second week of each quarter. To claim their refunds, students must have been awarded aid and must meet the enrollment criteria for their aid programs. SCAD does not provide cash advances prior to the drop/add period. Students must plan ahead and have their own funds available to purchase books and supplies, pay rent, etc. Students may elect to have their refunds deposited directly into their bank accounts in order to avoid delays in receiving funds. Direct deposit forms are available through the student accounts office and via MySCAD.