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it seems like wgu refunds the overpayment immediately. Financial aid disbursed to my account on 1/3, refund posted on 1/4, still. to see the nelnet info, click on “select refund method” in the financial services tab, put in your wgu email, and it should show your refund is pending, then it will change to sent to/accepted by processor likely tomorrow, then your money can come at any moment. Amendments to the u. s. Higher education act require institutions participating in federally funded financial aid programs to make information. even if you withdraw from wgu, you will be required to pay back any loan funds you borrow. Before you apply for aid, consider how you plan to repay the loans. the refund is posted to your wgu account before it is sent to nelnet. You should receive an email either this evening or tomorrow from nelnet giving you approx 24 hours to. wgu assists every eligible student in seeking financial aid to enable the student to attend the university. Wgu participates in various federal student financial assistance.