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… Financial Aid Disbursements & Refunds … Financial Aid Disbursements & Refunds … College ID source_2 Content Financial Aid - Disbursements & Refunds (UC) Disbursements are financial aid funds applied to your student … to open an account will receive their funds electronically via their selected AB540 Refund Preference refund preference with BankMobile. All others will receive their refunds by paper check delivered to the mailing address on file with Admissions & Records. It is critical that all students update the mailing address on file with the Admissions & Records …