If your financial aid is accepted and you have all financial aid items completed on your My ASU task list, your fall aid will automatically disburse to your ASU Student Account charges first and then any excess will be refunded to you. Your ASU Student Account will list all of your tuition, fees, on-campus ASU housing and meal plan charges. Your ASU Student Account will also show your pending financial aid. If your charges are greater than your pending financial aid, you will owe a balance to ASU. If your pending financial aid is greater than your charges you can expect a refund after your charges are paid at the time of financial aid disbursement. Refunds are applied to your personal bank account if you enrolled in direct deposit. If you did not enroll in direct deposit, a refund check will be mailed to your local address on file with ASU.