UCSB is committed to getting financial aid refunds to students in the safest and most expedient means possible. To that end, we strongly encourage all students receiving financial aid to enroll in eRefund. eRefund is a system that provides UCSB to issue a direct deposit of refunds into a student's personal checking or saving account. Students not enrolled in eRefund receive their refunds via a paper check that is mailed to their local mailing address. On average, students enrolled in eRefund receive their refunds 5 to 7 days earlier than those students receiving a paper check.